Shandong Yuncheng: Cotton Enterprises Have A Very Low Scale Of Opening Up, Showing A Price Free Market Phenomenon.

Recently, Shandong Yuncheng County Price Bureau Price Monitoring Center personnel went to Shenglong cotton processing Co., Ltd., cotton processing enterprises visited Yuncheng County cotton market price, found that cotton prices continued to rise, high-grade lint broke through 15800 yuan / ton, and seed cotton prices broke through 4 yuan / Jin mark all the way, but cotton enterprises began to scale very low, showing a price free market phenomenon.

Cotton enterprises do not appear fast processing, fast sales phenomenon, in a short period of time may appear to save up.

Cotton enterprises such as poor sales, inventory to a certain extent, coupled with the withdrawal of speculative funds in succession.

There may be a downward trend.

Lee manager of Shenglong cotton processing Co., Ltd. reflects that the company's current white cotton grade two and white cotton three level purchase price is 4 yuan / Jin, 3.65 yuan / Jin respectively, compared with the price of 3.65 yuan / Jin, 3.50 yuan / Jin last month, which rose 9.58% and 4.29%, respectively, which increased 25% or 25% compared with the price of 3.20 yuan / Jin and 3 yuan / Jin in the same period last year.

According to investigation and analysis, the main reasons for the continuous rise of cotton prices are the following prices:

First, the impact of the national cotton policy.

As we all know, in principle, the 2016 year round of the state.

Basically, the new cotton market will be listed on the basis of the paragraph. The state also needs to consider the number of new cotton that will be sold and sold according to the number of rounds this year. Although the final policy of the storage and purchase has not yet been released, it will give the cotton mill a positive signal, and the owners of the cotton mill will have the strength to wait.

Two, cotton production has been greatly reduced.

According to the statistics of China Cotton Institute, the planting area of this year is reduced by about 10% compared with last year, and cotton yield per unit area in most cotton areas is slightly lower than that of last year.

The total output of cotton growing areas along the Yangtze River Basin is expected to be reduced by 16-24%. This year, the cotton planting area of our county has decreased by about 40% compared with that of last year, and the area of individual towns has decreased by 60%.

Three, cotton farmers are reluctant to sell.

Because the cost of cotton planting is relatively high, and in the bud stage, the yield per unit area is reduced due to the high temperature. Therefore, the psychological price of cotton farmers is about 4-4.5 yuan.

Four, futures and speculators are boosting cotton prices.

Manager Li Sheng of Shenglong cotton processing Co., Ltd. reflects that some cotton trading enterprises and speculative capital entering the market are still in a state of flat or deficit. The price of cotton seed trade is still in a state of being flat or in deficit. By pushing up the purchase price of seed cotton, the cost of lint cotton is promoted, and the cotton auction is lifted. On the other hand, considering the global market supply and demand of cotton and the trend of the external commodity market and the "haze" of the Federal Reserve raising interest rate, and other speculative funds to solve the purchasing fund problem for the ginning factory, the joint operation is trying to pull up the Zheng cotton futures, and the price of the electronic assembly is high and short.