The Five Division Of The Regiment: The Total Amount Of Acquisition Is 170 Thousand Tons, And The Sale Price Of Lint Is The Main.

In October 30th, the correspondent visited the fifth division of the Xinjiang production and Construction Corps. At present, the acquisition of seed cotton has basically come to an end, and the purchase amount of seed cotton has reached 170 thousand tons in 8 processing plants.

It is understood that this year's cotton production is slightly lower than last year, the average purchase cost of seed cotton is 4.6 yuan / kg, and the cost of folding cotton is 11500 yuan / ton. Because this year's seed cotton color level is not as good as last year, the processing plant has already sold some new lint at the price point, and the spot resource of the non futures warehouse is quoted at 12800 yuan / ton (plus sales discount).

In 2019, the Xinjiang production and Construction Corps was restructured, and the Fifth Division was controlled by the water control group. In order to control risks, combined with the simultaneous operation of the spot and spot markets, the sale is based on spot price. Up to now, the Fifth Division in 2018, Chen cotton has just sold out, summed up the experience of 2018, the processing plant said that there will be profit.