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    Hubei Cotton Planting Area Has Declined Sharply, Acquisition Work Is Deadlock.

    2016/9/24 16:41:00 37

    HubeiAcquisitionCotton Market

    Recently, the cotton producing counties in Songzi, Jingzhou, Gongan County and other cotton producing counties in Hubei have fine weather, and the picking progress of cotton farmers is speeding up. At present, the overall picking rate is over 50%. Local cotton traders began to purchase from households in mid September. The purchase price was 3.3-3.4 yuan / jin (lint 38%, moisture 12%). It is understood that at present, local processing cotton ginning factory processing cotton more than 4128, mainly quoted price of 13200 yuan / ton. Textile enterprises Most of them are mainly based on asking price, but there is no real deal.

    According to local cotton traders, this year Hubei The area of cotton planting has dropped significantly, and the distribution of cotton growers has been scattered. Cotton farmers are not very receptive to the current purchase price, which makes the acquisition of cotton more difficult. Cotton Traders sell seed cotton to cotton ginning plants and make comprehensive pricing through lint and water. If the lint is low, they may lose profits or even lose money. Some cotton traders feel quite helpless.

       Cotton enterprises They also have no choice but to say: "they are difficult to do, and we are even more difficult to do. The main reason is that this year's local cotton seed coat generally dropped seriously. Last year, at the same time, most of the cotton seeds purchased at the same time were kept at 40%. This year, judging from the current purchase of seed cotton, the comprehensive linen is not more than 38%, which undoubtedly increases the processing cost of our enterprises. "

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    Since September, new cotton has been picking up in Anxiang, Changde and Lixian, Hunan. At present, about 100 pounds per mu picking, but the sale is not smooth, the local cotton traders purchase price at 3.2 yuan / jin (38% lint, 15% moisture), a good seed cotton purchase price of 3.3 yuan / jin (lint 39%, water 13%), compared with the Mid Autumn Festival rose 0.1 yuan / Jin. Most cotton enterprises said that the daily purchase volume remained at only about 3000-5000 Jin, which is far from the daily purchase volume of twenty thousand or thirty thousand kg in the same period last year.

    Because of the heavy rain during the cotton planting in the south this year, cotton yield and quality have been seriously affected. Cotton prices are difficult to raise because of the decline in quality of new cotton. Cotton growers, however, do not accept the current purchase price due to a large decline in output. Many cotton farmers' psychological prices are mostly above 4 yuan / Jin, so they do not want to sell at any time, causing the market to remain depressed, and buying and selling are not ideal.


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