Zheng Cotton Increased Cotton Seed Purchase Price To Stabilize
At present, the temperature of Xinjiang area keeps going down, cotton growers rush to pick time, seed cotton purchase price tends to be stable, but the daily purchase amount of ginning plants is not as good as in previous years.
At present, cotton stocks in downstream textile enterprises are also gradually consumed. There will be demand for replenishment in the near future. The actual turnover of lint has increased, and the willingness to purchase textile enterprises has increased.
Sales intention
A strong ginning factory is a good shipping opportunity.
In the near future, the pport capacity is relatively tight, and the pportation of cotton into the country is a problem, which will have a certain impact on the procurement of textile enterprises in the mainland in the short term.
Today, the price of Zheng cotton continues to rise, and there has been no reduction in the number of positions in the early stage.
But at the time of the new cotton market, the spot market is full of resources and the spot price is hard to rise. Therefore, it is not recommended to catch up.
Cotton prices rose sharply during the ICE period last December, rising 70.89 (1.22) in December and 1.75% in total.
The US Federal Bureau of investigation's investigation of Hilary's mail triggered a sharp fall in the US dollar index. With strong technological graphics and strong demand in emerging markets, ICE futures continued to surge sharply, with the December contract approaching 71 cents.
Cotton prices are expected to remain stable and strong in the near future.
At present, there are 16 thousand and 800 tons of lint in India, including 3 thousand and 700 tons in Gujarat and 3 thousand and 900 tons in Maharashtra.
In addition, this week's India Lantern Festival will affect the seed cotton market.
Cotton ginning factory
The operation will be suspended or the working hours will be shortened.
Despite last week's presentation
Rebound trend
However, the price of the new flower mill in Pakistan has been reduced. It is understood that the current price of the new flower in the Ba is on the market.
Recently, the Urumqi Railway Bureau stipulates that since November 1st, the freight volume of 58-60 tons of box cars has been reduced to 7% from the previous reduction of 7%, and the freight of 70 tons of box cars has been reduced by 8%.
In the rush hour of rail freight in Xinjiang, the price rise is expected in the cotton industry.
As early as June 12th this year, the Urumqi Railway Bureau has issued preferential policies to stipulate that the pportation price of cotton and other key products will be reduced by 15%, and the average freight per ton will be reduced from 0.161 yuan to 0.137 yuan. If the average haul is 5000 kilometers, the freight per ton will be reduced by 120 yuan.
However, only after more than 4 months, the railway tariff was restored to its original price.
The purchase price of seed cotton in the territory has stabilized as a whole, and the purchase price of some cotton ginning plants in southern Akesu, Kashi and Korla has rebounded slightly, with an amplitude of 0.03-0.05 yuan / kg.
The price of cotton picking (40% linen and 13% less water) was 7.20-7.30 yuan / kg, the price of seed cotton with large water content or low color level appeared 7.00-7.10 yuan / kg, and the purchase price of machine picked cotton (40% lint, 15% moisture) was 6.50-6.60 yuan / kg, and the price of 6.20-6.30 yuan / kg appeared in Tacheng, bole and other places due to water quality and quality.
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