The Yangtze River Valley Has Fine Weather And Rapid Growth Of Cotton.

On the 29 day, cotton growers in Wuhan, Jingzhou and other places in Hubei reflected that other cotton nutrition bowls had basically been pplanted except for the harvested rape bowl.

The cotton seedling with good growth condition is 25-30cm high and four leaf and one heart. The survival rate is over 98%.

In addition, since the Ching Ming Festival, a series of rainfall in most parts of Hubei province has effectively improved the soil moisture and is generally beneficial to cotton growth.

In Anqing, Chizhou and other places in Anhui, it is the busy season for the pplanting of cotton nutrition bowl after the rape harvest. The local cotton growers have introduced that the early pplanting work has been finished by the middle of this month. The recent pplanting of rape fields and wheat fields is the last wave, and it is estimated that it will be completed by the end of the month.

This year's cotton industry in Jiangsu is also growing well. In addition to the two seasons, other cotton seedlings have entered a fast growing period. Cotton growers are expected to produce 520-550 yuan per mu this year, which is more than the average level of 510 Jin / mu last year.

Looking at the market, there are several interesting changes.

First, the long staple cotton merchants turn from "hoarding not sold" to active seeking.

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Jiangsu Yancheng is not only the most important cotton growing area in the province, but also the gathering area of cotton enterprises and cotton merchants.

28, one.

They say they are really nervous and are stepping up their inventory.

On the same day, the 137 grade long staple cotton came out of the warehouse at a price of 28600-28800 yuan / ton (corps origin, public inspection, tax included, the same below), 237 level 27400-27500 yuan / ton, the price was flat compared to last week.

These days, he has contacted several clients, but the volume is not too good.

"I wonder if I can cut down some prices to promote sales," said the cotton merchant.

Second, the spot of real estate changed from a stable to a slight decline.

The real estate cotton in Jiangsu, Hubei and other places has been fluctuating little since the Spring Festival.

For instance, the paction price of the 3128 grade real estate cotton market has been maintained at 13300-13500 yuan / ton, and the 4128 level price is 12700-12900 yuan / ton, and the fluctuation interval is less than 200 yuan / ton.

But this week, real estate cotton showed a "steady down" market.

On the 29 day, the 3128 spot spot price of a ginning factory in Yancheng, Jiangsu was only 13200 yuan / ton, down 200 yuan / ton last week.

According to the analysis of market, in late May, Zheng cotton "quickly turned down", of which the main 1509 contracts lingered in the 13000 yuan / ton line for a long time, and market confidence was exhausted.

In addition, in the latter part of the year, inventory becomes more and more pressing in the minds of enterprises, and the market atmosphere of "eager to cash in" can not linger.

Third, cottonseed,

The by-products decline from decay to decay.

To 29 days, cotton seeds in Yancheng, Jiangsu province were 1.04 yuan / kg (seed oil 12%, moisture 12%, the same below), and Hubei Jingzhou area came to 1.02 yuan / jin of factory price. According to the two oil mills, the cottonseed was basically stopped in the near future, and more than 95% of the oil extraction plants mainly consumed inventory.

We can see individual enterprises that continue to buy cotton seeds, but they are already "rare."

Moreover, cotton oil stagflation fell, of which the three level cotton oil ex factory price in Jiangsu Yancheng area was 5150-5200 yuan / ton, and the quotations in Anhui, Hubei and other places were concentrated at 4800-5050 yuan / ton, down 100-130 yuan / ton last week.

At the same time, cottonseed meal, cotton lint cotton and cotton shell fell together.

Even many market participants say that cotton vice has fallen so badly that enterprises have lost their popularity.