Xinjiang: Hoarding Cotton Is Losing Money. Cotton Is Not Stable.
At present, some enterprises in Kashi, Xinjiang have begun to weigh in scale. However, because the price of opening the scale is set at 2.50-2.55 yuan / Jin, there is a big difference between the expected price of cotton farmers and the price of cotton farmers. There are not many cotton farmers on the door-to-door sale, and the acquisition of 00 seed cotton is difficult to concentrate.
According to the general manager of a purchasing enterprise in Kashi, this year's acquisition is more prudent than that of last year. It will not rush the price as it did last year. There are two factories, one factory is its own factory, one factory is a charter factory, and there are not many cotton lint processed in its factory last year, and the more than 3000 tons of lint processed by the Charter factory are almost not sold. According to the current market price of 13000 yuan / ton, 3000 tons of lint are losing money.
At present, the overall stability of cotton pairs, the new cottonseed has not yet been listed, Chen cottonseed market is less, to form a certain support for cottonseed. As of September 12th, Kuitun and Urumqi cottonseed cottage home made quotations 1.015 yuan / Jin, Changji home wool cotton seed distribution price of 1 yuan / kg, Shihezi cottonseed seed factory offer 0.98 yuan / Jin, Akesu cottonseed seed factory price 0.95 yuan / Jin, Akesu Tian Kang cottonseed production stop reporting, stop collecting. None of these transactions were made in stock.
Because of the high price of cottonseed and the rise in the price of soybean oil and palm oil, it supports the market of cotton oil. As of September 12th, the domestic distribution of grade three cotton oil in Kuitun and Shihezi was quoted at 4400 yuan / ton, and the three grade cotton oil in Chenguang was reported to be stopped domestically. The three grade cotton oil distribution in China was priced at 4400 yuan / ton, and the domestic price of washing oil (three grade) was 4500 yuan / ton. The domestic distribution price of the two grade cotton oil was 5050 yuan / ton, the three grade cotton oil domestic distribution price was 4550 yuan / ton, and the domestic distribution price of the washing oil (4550 grade) was RMB yuan / ton in Kuitun. None of these transactions were made in stock.
Supported by cottonseed and cottonseed oil prices, cottonseed meal quotes are relatively stable. As of September 12th, the 42 domestic protein cottonseed meal produced in China was quoted at 2300 yuan / ton, and 46 protein cottonseed meal was priced at 2550 yuan / ton in domestic production, and 42 tons of cottonseed meal in Kuitun were produced 2200 yuan per ton in domestic production, 46 yuan in cottonseed meal, 2500 yuan per ton in domestic production, 50 in cottonseed meal, and 2300 in Changji. All of them are not in stock.
Due to the increase of environmental protection, the factory operation rate of downstream factories is lower, and short staple turnover is less, and quotations are more stable. As of September 12th, the domestic cotton lint price in Kuitun was quoted at 3500 yuan / ton, and Shihezi cotton lint home made a quotation of 3000 yuan / ton, and the domestic output of cotton lint in Changji area was 3350 yuan / ton, and the quotation was stable, with less turnover.
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