Cotton Spot Prices All The Way Down With The Market Outlook Can Not Be Predicted.

Present

The market is short. In February 29th, Zheng cotton's main contract, CF1609, also fell below $10000 after the CF1701 contract.

Unpredictable

It is more prudent to start the purchase.

According to the national cotton market monitoring system survey data, as of February 26, 2016, the national cotton sales rate was 93.6%, of which the sale of Xinjiang has ended, the mainland sale rate of 78.7%.

That is to say, 21.3% of the seed cotton is still in the hands of cotton growers.

It is understood that in the face of the current falling cotton prices, coupled with less seed cotton resources, most enterprises have stopped collecting, and insist on the acquisition of corporate performance is not ideal.

Recently, some enterprises in Shandong have bought about 39% of the lint, about 10% of their moisture content, and three cotton seed with a grade of B above the price of 2.95 yuan / kg. Due to the low purchasing enthusiasm, the seed cotton resources are few, and the daily purchasing amount is not more than 30 thousand Jin.

Anhui cotton enterprises are more anxious than ever, and they dare not rush to buy. The price of white cotton three grade seed cotton was 2.85 yuan / Jin years ago, but the market price was 2.90 yuan / Jin after that, and the cotton farmers were less than 2.90 yuan / Jin.

The purchase of seed cotton in other cotton areas is similar.

The cotton price of Shaanxi Dali has calculated an account. At present, the purchase price of white cotton grade three seed cotton is about 2.7 yuan / kg, which has dropped by 0.10-0.15 yuan / Jin compared with the pre holiday period, and the selling price of cotton seed is 1.10-1.13 yuan / Jin, the cost of standard grade lint has been 11800-11900 yuan / ton (the processing fee is calculated by 1000 yuan / ton), and the 3128 grade lint spot has fallen to 12000 yuan / ton, and the futures price is still falling.

At present, cotton farmers have no place to sell cotton in the inland cotton areas that have been stopped.

If cotton prices continue to fall in the late stage, cotton enterprises will not be able to make profits if they buy and process, and which enterprise will buy seed cotton? Can cotton stored in cotton farmers sell at that time? Therefore, it is suggested that cotton and cotton farmers should be sold as soon as possible when the price is right, so that they will not be left at home.