Anhui Seed Cotton Acquisition Is Coming To An End, Cotton Enterprises Slow Down Sales Of Lint Cotton

Recently, the cotton producing areas in Anhui are sunny and suitable for seed cotton purchase, but few cotton ginning plants receive very few seed cotton.

According to feedback from the head of the cotton ginning factory, the purchase amount of seed cotton has gradually declined on Sunday. The largest factory has dropped from 7~8 to 20 thousand jin, and some small factories can only receive thousands of jins a day.

The reason for the decline in seed cotton purchase is that there are not many local seed cotton resources. Most farmers have no seed cotton at home, and cotton traders do not have enough seed cotton.

By the end of March, most cotton ginning mills will conclude the acquisition of seed cotton this year.

On the 21 day, the 3128 class lint net pick up price was 15300 yuan / ton, up 250 yuan / ton before the Spring Festival.

Recently, textile mills and traders have made inquiries about cotton prices to cotton ginning mills. Some cotton ginning mills have strong expectations for cotton price rise in the aftermarket, where cotton lint stocks are generally not large.