New Cotton Procurement Is Basically Over, Facing Sales Difficulties.

According to the national cotton market monitoring system, the survey data of 2290 households in 85 counties and 13 provinces and cities showed that as of August 28, 2015, the new cotton picking sale in China had basically ended.

According to the estimated 6 million 621 thousand tons of cotton production in China (the national cotton market monitoring system forecast in March 2015), during the period of -28 August 24th, the national processing of lint 0 tons, and the sale of lint 54 thousand tons, of which 22 thousand tons in the mainland and 32 thousand tons in Xinjiang.

As of August 28th, the total number of processing lint 6 million 473 thousand tons in the whole country decreased by 395 thousand tons compared with the same period last year, which was reduced by 623 thousand tons compared with the normal years in the past four years, of which 4 million 309 thousand tons of processed cotton linen and 2 million 164 thousand tons of processed cotton lint in the mainland were processed in Xinjiang, and 5 million 886 thousand tons of cotton wool were sold, representing a decrease of 772 thousand tons compared with the same period last year, which is less than 961 thousand tons in the normal years of the past four years.

It sells 3 million 767 thousand tons of lint and 2 million 119 thousand tons of lint in the mainland.

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It is understood that Turpan City

The time of listing is more than 20 days earlier than that in other parts of Xinjiang. During this period, the amount of cotton listed resources is limited. In order to win enough cotton processing resources, local enterprises will mostly increase the price of opening cotton to attract cotton farmers to sell, when the market price is often higher than the real cotton price.

And after the beginning of September, cotton prices will gradually decrease along with the large quantities of cotton in Xinjiang.

According to a 400 type cotton enterprise in Turpan, the current business scale is priced at 5.8-6.0 yuan / kilogram (40% liners), which is the highest price that enterprises can give. After the beginning of September, the price is bound to be callback. But cotton farmers believe that the price is too low, which is reduced by more than 1 yuan compared to last year's selling price per kilogram. Unless the family is in urgent need of money, they will hold cotton for sale.

As of today, the company acquired two hundred or three hundred tons of seed cotton, far from expected.

At present, the cotton company is considering lowering the price of open scales. It is expected that it will be adjusted to about 5.5 yuan / kg in early September when the seed cotton is on the market, and this price is likely to become the mainstream price of seed cotton in Xinjiang.

At present, cotton enterprises and cotton farmers are in a stalemate, and sales activities are very cold.

Other cotton enterprises said that the cotton maturity in Turpan was early, and there was a certain vacuum period in the new cotton market. This brought some opportunities and brought many difficulties to them. The public inspection of warehouses was the main problem, which directly restricted the sales of enterprises.

When cotton enterprises receive orders, in order to reduce the risks brought by market changes, they often adopt the strategy of "quick processing and quick sale", but at present, the rules for warehousing and inspection are not yet available, and enterprises do not know what to do. Last year, they also encountered this problem.

According to the cotton market trend this year, this year

It will face a great deal of business risk. If we want to earn a certain profit under these conditions, we must emphasize the word "fast". Only in this way can we avoid the risk brought about by the change of cotton price.

Last year, some cotton enterprises in Turpan failed to see the timing of the market and sold cotton in a timely manner, which led to great losses. Until now there is still a certain amount of lint inventory.