Due To Overcast Rain And Too Few Resources Of New Cotton, The Cotton Market In Northern Jiangsu Province Is Cold.
Jiangsu cotton area has been under two or three days of moderate rain, on the first day of National Day holiday has not yet converged, the weather is gloomy and drizzle. Although the field has not yet harvested seed cotton, it can not work because of the mud in the field. cotton The acquisition of enterprises is also unable to scale purchase because of overcast rain and too little resources of new cotton.
Because of the sharp reduction of cotton planting area in the cotton growing area this year, most of the cotton farmers are left behind in the countryside. The cotton planting plots are mostly for the front of the house. The production management is relatively convenient. Some old farmers are picking up cotton, and the local weather forecast will be rainy for several days during the national day. It is reported that Dafeng, salt and other places have 30% cotton bolls and bolls, part of the cotton planting more than two or three acres of farmers stored seed cotton 300-400 kg, almost no one to sell.
At present, Jiangsu cotton region is exploratory. Unginned cotton The offer price is generally three grade cotton seed, with a length of 28mm or more. The water content is up to standard, the linen percentage is 36-38%, the enterprise quoted price is about 3.50 yuan / Jin, and this price is satisfied with the farmers' satisfaction, after all, it is 30% higher than that of the same period last year. Due to the fact that enterprises can not receive too much resources and consider the impact of acquisition costs on cotton sales, most enterprises have not invested in the acquisition. At least during the national day, local cotton prices will be no market phenomenon or will continue. About the market trend after the festival, there are many analyses in the industry, such as the acquisition trend of new cotton, Reserve cotton After the stop shooting, the market performance and so on, in short, there is a comprehensive "body disease" in the production and marketing line. After a review of cotton market, the market trend is still confused and not optimistic.
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