Akesu: Production And Quality Double Down Cotton Spot Price 13800 Yuan / Ton

On November 1-2, China's cotton net correspondent visited cotton processing plants in Xinhe, Sha Ya and Kuche of Xinjiang Uygur Autonomous Region, Akesu.

It was found that the processing plant of Xinhe County's seed cotton purchase volume was up to tens of thousands of tons, while the purchase amount of other processing plants was around 6000 tons. The purchase price of local seed cotton was 5.6-5.7 yuan / kg, hand picked 6.3 yuan / kg, machine picked cotton accounted for a larger proportion, and hand picked cotton purchase amount is less and less. Affected by the market temperature, cottonseed prices continued to rise to 1.85 yuan / kg.

According to the processing plant in Sha Ya area, the cotton production is expected to decrease this year, and the quality of cotton has declined. In the process of processing, there are many 4 grade machine picked cotton. At present, most processing plants are not available, even if there are a small number of spot quotes are also high, at 13800 yuan / ton or more. It is understood that the processing plant is generally optimistic about the future market, looking forward to a good market in the later period.