Xinjiang High Quality Mid Term Flower Purchase Price Rebounded, Seed Cotton Purchase Price Overall Stability

Since late October, the purchase price of seed cotton has been stabilized in Kuitun, Shawan, Jinghe and Shihezi, as well as Akesu, Sha, Ke Ping and Kuche.

The purchase price rebounded, generally in the range of 0.05-0.10 yuan / kg, and the purchase price of machine picked cotton also showed a slight upward trend.

10 in the middle of the month, 40 of the clothes and 13% of the water in Bachu, Yecheng and Awati.

The purchase price dropped to 5.50-5.60 yuan / kg for a time, but in recent days, the price of 40 ginning of some cotton ginning was raised to 5.60-5.70 yuan / kg, and several enterprises with low initial purchasing capacity even seized 5.75-5.80 yuan / kg.

Industry analysis, with the end of the cotton picking in the north and South Xinjiang, the frost season is gradually developing.

2015/16

Cotton production rate is higher than expected, domestic high-grade cotton supply is expected to be tight.

A lot of ginning mills are financing through cotton linen pledge, self financing or joint acquisition with cotton mills. Although they give up loan qualifications and slow progress in the sale of lint, the acquisition funds are supplemented.

According to the survey, at present, the 3128 gross linen weight of the lint class in the territory is basically the same. The 3128B pick-up price is 12600-12800 yuan / ton, and the "double 28" price is 100-150 yuan / ton.

South Xinjiang 2127 (including 20% less than 3127) platform delivery price of 12300-12500 yuan / ton, if 26mm and below length of more than 20%, the offer reduced to 12000-12200 yuan / ton.

The 3128 grade pick up price of the machine picked cotton in North Xinjiang is 12200-12500 yuan / ton, and the quotation for hand picking cotton has been reduced to 200-300 yuan / ton.

Textile enterprises in four provinces of Henan, Hubei, Jiangsu and Anhui believe that the rank and quality of the mid level flowers in Xinjiang have been significantly improved. The indicators of "double 28", "double 29" and 2127 grade (horse value B, fracture strength 28CN and above) are basically in line with the number of cotton yarn spun C40S and above. Therefore, the purchase will tilt towards the southern Xinjiang hand picked cotton, but the mid level flower supply or gap in the mid 2015/16 is relatively large. Therefore, the operation of locking the high-grade source of goods in advance and ensuring the raw material not to "break" will gradually increase.