Spot Prices In The Yellow River Basin Continue To Fall And Cotton Is Growing Well.

In recent days, the growth of cotton in the the Yellow River river basin is generally better than that in the same period last year. Most cotton growth has entered the fifth true leaf stage, and some cotton plants have buds.

Since June, two rain fields have been greeted in Hengshui, Hebei and other places, which effectively alleviated the local drought. Cotton seedlings grew faster. At present, the height of the local cotton plants is 20-25cm, 5-6 pieces of true leaves and 1-2 branches per fruit.

The plant height of early sowing cotton in Dezhou, Liaocheng, Dongying and other places in Shandong was about 40cm, and had entered the bud stage. The height of the late sowing cotton plants was about 20cm, and the fruit branches were 1-2 / plants.

Waterlogging and cotton bollworm appeared in some areas, and cotton farmers' field operations entered a critical period.

As cotton grows better, most cotton growers are more confident of cotton output in 2017.

On the 12 day, a cotton grower in Hengshui, Hebei introduced that this year's yield of 650 Jin / mu of seed cotton is 10.1% higher than that of 590 Jin / mu in 2016.

Many local 400 type ginning plants have strong confidence in the acquisition of 2017/18, and this year they will no longer go to Xinjiang to purchase them, but will stay there for seed cotton processing.

While cotton is growing well,

Spot prices continued to fall.

Real estate cotton prices continue to fall.

As of June 12th, the prices of 3128 and 4128 grade real estate cotton in Shandong were 15300 yuan / ton, 14900 yuan / ton (pick up and gross weight) respectively, all of which were 100 yuan / ton lower than the previous week.

According to the manufacturer's introduction, the number of real estate cotton has been reduced at the moment, and most of the cotton mill has finished the inventory work.

Recently, most of the real estate cotton manufacturers are picked and left behind, with poor quality and few people asking for it.

Recent reserve cotton auction auction price decline, the average price of the paction fell simultaneously, downstream manufacturers wait-and-see mood is higher.

As of June 12th,

The 3128 class price is 15600 yuan / ton (pick up, including tax), the 4128 level price is 15200 yuan / ton, the horse value is C2, the breaking strength is 27.5-28 27cN/tex, which dropped 100-150 yuan / ton compared with last Friday.

According to the national cotton market monitoring system data, when the week represents the 3128B cotton price in the mainland, the average price of cotton price B index (CNCotton B) is 16007 yuan / ton, down 10 yuan / ton compared with the previous week.

When the weather was fine in Northern Xinjiang in Xinjiang, the soil moisture was conducive to the growth of cotton. The temperature in the southern Xinjiang cotton region changed greatly. Some cotton fields in Akesu suffered hailstorm and suffered heavy losses. Cotton farmers stepped up their seedlings to restore production. The growth of cotton in the the Yellow River River valley was generally better than that in the same period last year. Most cotton growth has entered the fifth true leaf stage, and some cotton plants have been buds. The weather in the Yangtze River Valley is good, the cotton growth is gratifying, and cotton growers tighten up the field management.

When the price of pure cotton yarn was stable in the week, the price of individual varieties fell slightly. Recently, OE10S-16S and combed 32S and combed 21S were able to make a good deal, and other yarn sales were slow.

The overall production of textile enterprises in some parts of Hubei is in good condition. The textile enterprises in Hebei, Shandong, Henan, Hunan and Jiangxi reflect the weakness of the downstream market.

Some quality Xinjiang cotton prices also loosen.

In June 12th, a cotton trader in Hebei, Cangzhou, "double 29" and "double 30" picked up the price of Xinjiang picking cotton 16600-16800 yuan / ton, and the price was 100 yuan / ton lower than last week.

There is another 50 yuan / ton shipping discount.

It is understood that the recent market bearish atmosphere growth, before part of the cotton prices of enterprises also began to worry about the late cotton prices fell, the price also loosened.

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