Long Staple Cotton Opens And Falls, And It Can'T Stop.

With the continuous snowfall in mid December of Xinjiang, the price of long staple cotton has dropped to varying degrees, which has affected the enthusiasm of cotton enterprises, and the Xinjiang long staple cotton market has started to fall again.

At present, although the sale of long staple cotton seed cotton is close to 90%, the sale of long staple cotton lint is not satisfactory recently.

In the early days of Akesu, individual cotton enterprises received large orders, and the price of long staple cotton was raised to a high level, which resulted in higher cost of processing long staple cotton by local cotton enterprises.

At present, the order status of high count yarn in downstream cotton enterprises is not good enough, and the enthusiasm of replenishment is insufficient. The price of some long staple cotton has fallen to the cost of cotton enterprises.

Target price

And the Xinjiang government encourages planting. This year, the planting area of long staple cotton is close to 2 million mu.

According to statistics, the average selling price of long staple cotton seed cotton in this year is around 7.9 yuan / kg, plus the subsidy of 1.3 times of upland cotton, the average price can still touch 10 yuan / kg line.

according to

Uncle lee, a cotton grower who planted long staple cotton, introduced local acquisitions after widespread snowfall last week.

All cotton enterprises stop collecting.

Before closing, the average price is still 7.9-8.2 yuan / kg, but last Friday (18) the early quality seed cotton inventory was pulled to the ginning factory, the price was only 7.6-7.8 yuan / kg.

At present, the long staple cotton market is in the closing stage. The cotton seeds of cotton farmers in Awati County of Akesu are not in stock. The price of seed cotton is decreasing or the cotton farmers are speeding up the sale.

Judging from the current processing capacity, the number of lint cotton in the territory has been over 85 thousand tons, and the total amount of resources that has not yet been processed will be significantly higher than the annual demand of 7-8 tons.

If the supply exceeds demand, it is difficult to sustain the price of long staple cotton. Will the long staple cotton go on the back of corn next year? Or with the adjustment of the production structure of the textile enterprises, the demand for long staple cotton can also rise. The market is the best examiner and the most cruel witness.