Cottonseed Prices Continue To Callback In Early October

In the southern Xinjiang, Bachu and McGill mention the purchase price of seed cotton in most cotton areas in Akesu (40% lint and water content less than 13%) 7.50-7.55 yuan / kg, Korla's Yuli, Pu Hui, Bohu and other places purchase price (40% linen) 7.40-7.50 yuan / kg, and the highest purchase price of seed cotton in ghashua bridge, akhari bridge, harata, Awati and other ginning plants reaches 8 yuan / kg.

As a whole, the purchase price of seed cotton in the territory has gradually shifted from rising fatigue to stabilizing the callback.

In the first half of October, the price of cotton seeds in the territory continued to callback. The price of the kinning plant in the southern Xinjiang was reduced to 2.40-2.45 yuan / kg, which dropped by more than 0.10 yuan / kg compared with the pre holiday period. Moreover, oil refineries and mainland middlemen mostly closed down, and the downward adjustment trend of cottonseed and cotton lint was expected to continue after mid October.

The cost is rising rapidly.

Kashi,

The cotton mill in the cotton area has been increasing, and the phenomenon of rush to harvest has been decreasing. In addition to the fact that some ginning plants are still in a state of frenzy, cotton enterprises are gradually becoming rational, and the ratio of rejection of "rain and rust cotton" and "three wire super standard cotton" has increased.

A ginning factory in Akesu indicated that as of October 6th, more than 1300 tons of seed cotton had been purchased, and the average purchase price was 7.40 yuan / kg. According to the current cotton seed export price of 2.45 yuan / kg, the cost was 15800 yuan / ton, plus the pportation cost to the regulatory Library, the warehousing fee and the financial cost, the actual cost was at least 16200 yuan / ton (gross weight).

At present, the southern Xinjiang regulatory library hand picked cotton.

15500-15600 yuan / ton (gross weight, machine pick cotton price 14900-15100 yuan / ton), at least 500 yuan per ton, so passive hoarding is the only choice, "quick acquisition, quick processing, fast sales" is not applicable at all.

According to the Akesu Institute of textile inspection, 2016 cotton in fiber length, fracture strength and other indicators are significantly stronger than 2015, less than 28mm length of lint is relatively low, 30mm length is not uncommon, but from the public inspection before the flower and mid flower, color level is lower than the 2014 and 2015 years, the "31" level is the main, light spot cotton grade and light spot cotton two level of high proportion.

In addition, the high proportion of horse C2 is not much improved compared with the previous two years.