Cotton Processing Enterprises Slow Down Acquisition Progress Due To Capital Effect

On the 12-13 day of September, the purchase price of 41-42% flower in a ginning factory of the Aksu Susi bridge was 5.80-5.90 yuan / kg, the highest price was 6 yuan / kg (above 43%), which was 0.10 yuan / kg lower than that in early September. Cotton farmers in Bachu, Mengaiti and other places also showed that the purchasing price of cotton brokers and Kai Zhuang's ginning mills had been rising and falling, and the selling price of 6.20 yuan / kg in the early stage was almost extinct.

Although some cotton mills have not adjusted their prices, the requirements for linen, fiber length and horse value have been much stricter. The average price of the 41-43% linen flower has dropped to about 6 yuan / kg, but only 43% of the occasional lint seed cotton is put at a high price, so as to attract cotton farmers and brokers to sell. Because farmers are not satisfied with the price of 6 yuan / kg, the spread of selling sentiment, especially after picking flowers in the middle period, is the main operation of stock to be sold to farmers.

The ginning factory believes that there is not much room for cotton spot prices to rise in 2015/16. Buy The phenomenon is widespread.

Since September 10th, Akesu Bachu, Korla and other places ginning plants have begun to scale up. However, unlike previous years, the cotton enterprises are very low-key this year. They do not actively contact cotton brokers for sale, nor do they have much publicity in the surrounding areas.

It is understood that some of the cotton processing enterprises that have taken the lead in opening up scale have been affected by funds, which obviously slowed down the progress of the purchase, and the price of seed cotton delivery also showed signs of decline. On the one hand, the price of the mainland cotton sale was adjusted to 13600-13800 yuan / ton ("double 29" or "double 28" lint price is still 13800-14000 yuan / ton). Take delivery of goods The price is reduced to 13200-13400 yuan / ton; on the other hand, there are very few cotton ginning plants sold on the other hand, and cotton enterprises are obviously cautious with the purchase price of seed cotton breaking through 6 yuan / kg.