Conditions For Adding "Combat" To A Large Number Of Ginning Plants
As of September 19th, cotton picking progress was picking up, and the picking rate in Xinjiang was about 30% and 10-25% in the mainland.
With the approaching of national day, the picking progress of seed cotton will continue to accelerate.
However, the 400 type enterprises in the cotton growing areas are obviously absent. Why do the cotton ginning factories hesitate to scale a large scale?
On the 18-19 th of September, more than 400 types of ginning plants such as Shandong, Hebei and Hubei were also hesitant to scale.
The output of cotton in the mainland has fallen considerably this year.
According to the national cotton market monitoring system data, in 2016, the output of cotton in the the Yellow River River Basin and the Yangtze River Valley decreased by -23.4% and -28.7% compared with that of the previous year, and the output of cotton in the mainland was less than 1 million 100 thousand tons.
This year, the situation will be more serious.
No one dares to move first.
In Akesu, Xinjiang,
Korla
And so on, we know that the conditions of "combat" are very large in the ginning factory. First, the price of seed cotton is stable, and the two is to purchase funds in place.
It is estimated from time that by the end of September, the scales will be added.
As of 19 days, more than 30% of the Korla area was picked, but most of the cotton ginning plants have not yet been officially opened.
A market personage introduces, at present the farmer sells in advance.
Unginned cotton
The phenomenon is becoming more and more common. Some manufacturers have acquired 400-500 tons of seed cotton, but few pricing and settlement, only to farmers to sell receipts (measuring clothes, water, weight, but not pricing).
The reason is: first, the price of seed cotton is not stable. The price of the cotton mill is 6.50-7.00 yuan / kg (more than 40% of the clothes and the moisture regain is below 12%). Some cotton growers do not recognize it. The two sides are stalemate. Two, the downstream textile enterprises and cotton merchants still concentrate their efforts on the auction of cotton reserves.
In addition, most of the acquisition funds for cotton enterprises have not yet been put in place.
According to the Agricultural Development Bank's support loan scheme, it is expected that loans will be available on 20-25 September, and some cotton enterprises which are self raised and own funds will probably not be able to achieve this year's plan of "quick acquisition, quick processing, quick sale and quick return". Most of them are prepared to postpone the settlement, expecting the seed cotton in the first 10 months of this month.
Purchasing price
Fall down and reduce settlement price.
In addition, almost all 400 types of ginning plants are considering investment and return problems, and everyone is trying to shorten the acquisition front.
Therefore, this year, the ginning mills in the mainland are waiting for the new cotton concentrate to go on the market. It will probably be heavy after the National Day holiday, and will reach its peak in mid October.
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