Panic Buying Is Emerging In The New Cotton Purchase Market.

At present, new cotton in Xinjiang has been listed, mainly picking cotton by hand, and machine picked cotton is only sporadically listed.

Due to the fact that the actual output of new cotton is not as good as expected in many parts of the world, the yield per unit area of new cotton in some areas has dropped too much, and cotton processing capacity has been severely overloaded. After the new cotton market was put on the market, cotton producers, traders and ginning mills were buying new cotton in different degrees.

According to current

The purchase price of newly produced seed cotton is estimated at 5.5 to 6 yuan per kilogram, and the factory price of lint cotton in Xinjiang will reach more than 13000 yuan per ton.

According to the analysis of the development trend of the new cotton seed purchase price rising day by day, the price of domestic lint may be on the rise.

According to reporters on new cotton in Xinjiang

Analysis of the situation, the current new cotton

In a bit of a mess, the quotations of cotton brokers, traders and ginning mills vary widely, and the requirements for the purchase of new cotton vary widely.

At the same time, the drop in measured output also made cotton farmers reluctant to sell and wait-and-see mentality, which led to the fact that the acquisition of new cotton market is rather complicated this year.

"The two ginning plants set up in Xinjiang in September 10th were ready for the acquisition, and the trial purchase began in September 15th. The initial takeover price was 5.3 yuan per kilogram (more than 40 of the lint, hand picked cotton, the same below), but it did not wait for a few days to see the cotton truck patronized, but had to raise the purchase price to 5.8 to 6 yuan per kilogram, but only more than 200 tons of seed cotton have been collected so far.

A cotton trader in Shihezi told reporters that the acquisition of new cotton is rather difficult this year. Cotton growers and cotton brokers first inquired about the market situation before they sold cotton, and they knew about the situation in many flower ginning plants, and all the cotton ginning plants were holding the attitude of panic buying, which made the purchase of new cotton not very smooth this year.

According to the reporter's understanding, the purchase price of machine picked cotton in Xinjiang is 4.5 to 4.8 yuan per kilogram, the lowest purchase in some areas is 4.2 yuan, and the minimum purchase price of hand picked cotton is about 4.5 yuan, and the purchase price of good quality has reached 6 yuan.

However, from the cost of picking cotton and machine cotton to produce lint, the production cost of machine picked cotton will be higher than that of hand picking. The main reason is that the machine picked cotton has larger discounts and larger losses.