Xinjiang: Cotton Sale Price Confusion High Grade Cotton Supply Shortage
On the 9-11 th of September, the purchase price of Bachu, Awati, West Bridge and other places in the southern Xinjiang was stable at 6.0-6.20 yuan / kg.
cotton
The purchasing price of broker from cotton farmers is 5.80-6.00 yuan / kg.
Some cotton growers and cotton brokers do not buy invoices when they sell them to the ginning factory, resulting in a more chaotic sale price in the southern Xinjiang. The turnover ranges from 5.80 yuan / kg to 6.70 yuan / kg.
Type 400 enterprises generally believe that in early September
Unginned cotton
The selling price is higher than expected. Therefore, the cotton mills of the weighing scale are "choosy and choosy" about the quality of seed cotton.
As of 11 days, Akesu, Sha, new and Wensu, Kuche and other places ginning plant proportion of less than 25%.
For the higher price, some cotton.
Spin
Enterprises express understanding.
On the one hand, as early as September, there were very few lint pairs of "double 29" or even "double 28" in the warehouses of the mainland, and the paction price of the 2128 grade spot picked up, but the situation of "having too many children" was outstanding.
Xinjiang
Some cotton ginning enterprises tried to rush to buy, rush to processing and rush to sell, and make profits by using high-grade cotton to supply raw materials. In the middle of September, several cotton ginning plants began to process lint. On the other hand, the cost of planting 2015/16 remained high in the middle of the year. The farmers' planting costs increased by about 10% over the previous two years. In addition, the target price adjustment of this year, some low yield cotton fields or farmers suffering from high temperature, rainfall and hail disasters seriously reduced their income.
The game between cotton processing enterprises and cotton growers has been launched. In the short term, the acquisition market presents a deserted situation that farmers do not sell and cotton enterprises do not buy.
It is estimated that the seed cotton market will gradually become clear in the middle and late 9. Cotton growers will take a step back, and the cotton mill will take two steps.
- Related reading
This Year, The Cotton Market Is Weakening Overall, Showing A Downward Trend In Prices.
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