Xinjiang Cotton Stop And Enter The Countdown Cotton Business Pressure Is Not Large

It is understood that by the middle of December, the seed cotton sale in the cotton fields in North Xinjiang had ended. Only a few of the cotton ginning plants bought piecemeal for the end of the processing. Moreover, because of the large moisture content, low grade and poor quality, the farmers no longer haggled, but the processing enterprises had to accept the whole price at a single price. In the southern Xinjiang, the hand picked cotton and the machine picked cotton sale were also coming to an end. More and more ginning plants were being reduced and stopped. The end of the December acquisition was almost over.

Several cotton enterprises in Akesu, including Sha ya, Kuche and Bachu, said that the average daily seed cotton purchase amount was about 30-60 tons, with a grade of 3128/4128 (3127/4127). The fracture strength was mostly 26-28CN/TEX and the proportion of horse value C1 increased gradually.

On the 16-17 th of December, the purchase price of seed picking cotton in the 36%-37% clothing distributor in Akesu area was 5.30-5.50 yuan / kg (due to differences in moisture, impurities and grades). The purchase price of 36%-37% seed picked cotton seed was 5.50-5.70 yuan / kg, which was only 0.10-0.20 yuan / kg more than the highest purchase price this year (ginning factory generally increased by 0.10 yuan per kilogram per litre purchase price, and 0.10 yuan / kg reduction per litre purchase price). On the one hand, 2019/20 seed cotton grade and quality decline, outstanding quality and high price phenomenon; on the other hand, 10-11 months later, Zheng cotton disk price continued to rise, pulling domestic cotton spot basis sales and spot price trading prices rose, seed cotton purchase price easy to rise or fall.

Judging from the survey, as the sales price of cottonseed in 10-12 months is relatively ideal, most of the cotton ginning plants are sold along with the processing. In addition, 9-11 months Cotton Traders (including cotton enterprises) have made inquiries and procurement is very active (timely withdrawal of the goods), so most of the pressure and lint sales pressure of most of the ginning mills before the Spring Festival are not outstanding. Considering that the expectation of replenishment of cotton textile enterprises and traders in December and January has been decreasing continuously, and the reserve cotton wheel has become attractive in the bid price limit (the loan settlement is fast). Therefore, some new cotton enterprises have eliminated or exchanged the cotton bags which do not meet the requirements of import and export in the supervision batches. At the same time, the factory group's requirements are stricter, so as to prevent the mixture of cotton bags with C1 or breaking strength below 27CN/TEX as far as possible.