The Yellow River Basin: Wind And Rain Disorderly Cotton Market

Cotton prices are going downhill at the moment, and the more losses they receive, the more losses they will receive.

Shandong, Binzhou, Dezhou and other key cotton area bosses also reflect that this year dare not let go of the harvest, and finally will definitely not make money.

Recently, 1-2 areas of the Yellow River basin have been drizzle, and the weather has turned cold.

Cotton growers and cotton pickled seeds have been ripened and picked. Up to October 26th, Hebei has picked up about 85% cotton seeds and 90% of Shandong's cotton.

But there is another problem, which is due to the lack of maturity, short fiber and poor strength.

Meanwhile, cotton farmers have accelerated the pace of seed cotton sale.

On the morning of 26 th, the cotton car in front of a 400 type ginning factory in Cangzhou, Hebei increased to more than 20 vehicles.

It is said that people do not want to hoard their enthusiasm, especially in the winter.

Coincidentally, recent Shandong, Dezhou, Liaocheng and other places ginning factory also reflects the enthusiasm of cotton farmers to sell has increased, the daily sales of cotton farmers increase 10-15%.

Compared with the enthusiasm of cotton farmers selling cotton, the whole cotton industry chain is "a storm and a cold".

On the 26 day, the purchase price of most cotton seed cotton in Hebei dropped again.

On the same day, Hebei, Hengshui, Xingtai and other places 40% lint seed cotton mainstream price 3.65-3.75 yuan / Jin, compared with last week's

Down 0.10 yuan / Jin, the market has basically seen less than 4 yuan / kg of seed cotton quotes.

And Shandong Dongying, Liaocheng, Dezhou and other places 40% linen, horse value of B2 seed cotton mainstream price in 3.85-3.90 yuan / Jin, also fell 0.05 yuan / kg compared with last Friday.

According to the ginning factory, they will also continue to cut down seed cotton prices in the near future.

The main reasons are as follows:

1, cottonseed prices fell, dragged down

。

As of 26, Shandong, Dezhou, Xiajin, Wucheng and other places to extract local cottonseed prices to 1.54-1.55 yuan / jin (12.5% seed oil, 12% moisture), down 0.01 yuan / Jin yesterday.

Since late October, cottonseed has fallen by 0.05 yuan / Jin.

Similarly, the recent decline in Hebei cottonseed is also obvious.

On the same day, the mainstream price of cotton seeds in Dongguang County was 1.50 yuan / Jin, down 0.02 yuan / Jin yesterday.

According to the feedback from some oil refineries, the quality of cottonseed is not good recently, and the profit of the two oil factory is relatively thin.

2, lint enters the down channel.

In the near future, not only 200-300 yuan / tonne of Xinjiang cotton fell, but the inland cotton also fell 300-400 yuan / ton. In addition, the price of cotton yarn fell slightly in the lower reaches, and the problem of credit was more serious, and the market was more pessimistic to the future cotton market.