Akesu: Seed Cotton Purchase To Speed Up Cotton Enterprises Plan

In November 17th, we visited the cotton processing plant around Akesu, the Xinjiang Uygur Autonomous Region. It is understood that last week, Akesu region cotton seed purchase progress accelerated significantly, the purchase volume accounted for more than 85-90% of the local cotton production, the average daily purchase volume of about 100-200 tons, machine picked cotton 38-39% lint purchase price 5.4-5.5 yuan / kg, cottonseed price 1.86-1.95 yuan / kg.

Last week, local lint prices remained stable, of which the price of double 28 hand picking cotton was 13800 yuan / ton, the double 29 price was 14000 yuan / ton, and the 28-27 cotton picking price was 13200 yuan / ton. It is understood that some factories are planning to keep some cotton stores that meet the requirements of storage and storage.