It Is Urgent To Solve The Problem Of Long Staple Cotton Coming Out Of Xinjiang.
Because this year's long staple cotton picking and selling progress is postponed, the phenomenon of "seed cotton" such as machine in cotton ginning plant is more prominent. Moreover, farmers are reluctant to sell and cotton enterprises are cautious in collecting. With the latter part of the market going on sale, some cotton enterprises have the urge to rush to harvest high-quality seed cotton.
15, 16, Akesu platform 137 grade long staple cotton delivery price quoted 20500-20600 yuan / ton, pported to the inland main consumer area cost at least 21000 yuan / ton (500 yuan / ton).
Xinjiang cotton
There is little room for traders and middlemen to leave any space for operation. Therefore, the current long staple cotton paction is the direct negotiation and convergence between buyers and sellers.
It is understood that since mid November, the purchase price of long staple cotton has risen slightly in Awati, Sha ya, Kuche and other places, but the picking, acquisition and processing progress is still slower than in previous years.
15, 16, Awati cotton area 32%-33% lint, 13% of the water long staple cotton purchase price 7.50-7.60 yuan / kg (a few cotton enterprises occasionally set out 7.65 yuan / kg price), 30%-31% lint long staple cotton purchase price 7.20-7.40 yuan / kg, compared with the late October to increase 0.10-0.20 yuan / kg.
On the one hand, there are very few long staple cotton in Xinjiang in the year of 2016/17, and the supply pressure is obvious with the large consumption of Chen cotton. The ginning mills and traders are in a bid to increase their quotations.
Price
Rose 0.05-0.08 yuan / kg (16 days in Akesu area gross seed 2.55-2.58 yuan / kg), long staple cotton direct cost decline.
Since mid November, Jiangsu, Henan, Shandong and other places warehouse 137, 237 grade long cotton wool reclaim price is 21200-21500 yuan / ton, 20200-20500 yuan / ton, respectively, compared with the end of October rose 300-500 yuan / ton.
A factory in Awati said that it is urgent to solve the problem of producing long staple cotton. The company sold 3 batches of cotton to a textile enterprise in Zibo, Shandong, in November 10th. The seller is responsible for the pportation (the buyer pays the pportation fee).
Cash on Delivery
However, the contract has been signed for nearly a week, and the freight rate has risen to 1000-1050 yuan / ton.
It is learnt that, considering the tight pport capacity of Railways and highways, most of the cotton enterprises in the mainland require the sellers to organize pportation on behalf of them.
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