The Spring Festival Is Approaching 2016. Cotton Market Is Basically Stagnant.

According to the state

According to the market monitoring system, the survey data of 1837 households in 87 counties and cities in 14 provinces and regions showed that as of February 5, 2016, the new cotton harvest was over.

Volume / cumulative seed picked cotton) was 93.3%, and the mainland sale rate was 77.6%, unchanged from last week.

The sale is over.

According to the survey of 89 large and medium-sized cotton processing enterprises, as of February 5th, enterprises have been on holiday to stop processing.

At present, the national processing rate (processing rate = cumulative cotton linen / cotton seed cotton purchase quantity) is 95.4%, an increase of 4.6 percentage points compared with the same period last year, an increase of 2.2 percentage points over the normal years of the past four years, of which the processing rate in Xinjiang is 97.5%; the sales rate (sales rate = the total sales of lint / cotton seed cotton purchased by cotton enterprises) is 50.2%, an increase of 5.9 percentage points over the same period last year, which is 21.7 percentage points lower than that in the normal years of the past four years, and the sales rate in Xinjiang is 43.3%.

According to the estimated 5 million 216 thousand tons of cotton production in the country (the national cotton market monitoring system forecast in November 2015), as of February 5th, the national total processing of 4 million 628 thousand tons of lint was reduced by 706 thousand tons compared with the same period last year, a decrease of 1 million 709 thousand tons compared with the normal years in the past four years, of which 3 million 566 thousand tons of lint were processed in Xinjiang, and 2 million 437 thousand tons of cotton lint, a decrease of 170 thousand tons compared with the same period last year, a decrease of 2 million 521 thousand tons compared with the normal years in the past four years, of which Xinjiang sold a 1 million 583 thousand ton of lint cotton.