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    The Purchase Price Of Long Staple Cotton Is Lower Than That Of Last Year'S Textile Enterprises.

    2019/12/19 10:17:00 99

    Long-Staple Cotton

    On the 17 day, Xiaobian continued to visit several enterprises that bought long staple cotton, but generally feedback, with the reduction of cotton planting area and the high cost of long staple cotton, the purchase direction has gradually begun to adjust. Most enterprises purchase about 100% of total cotton and about 30%-40% of the total 60%-70%. Among the companies interviewed, the average purchase price of long staple cotton was 7.1-7.4 yuan / kg, the highest reached 8.2 yuan / kg, compared with the highest price last year, 9.2 yuan / kg fell 1 yuan / kg, the current sales price of cottonseed is about 1.9-2.0 yuan / kg.

    As we all know, the textile enterprises with long staple cotton as the raw materials of spinning are mainly 80 or more high-end yarns. In a textile factory in Awati County, the head of the company said that the stock of raw materials is enough and can basically be used in February next year, so there is no purchase plan in the near future. Because of the fixed customers, cotton yarn sales can basically take two days every day. However, due to the impact of Sino US trade negotiations, the price of cotton yarn has dropped from 50000 yuan / ton to 42000 yuan / ton. For the textile enterprises in Xinjiang, the enterprises have indicated that the subsidy for Xinjiang cotton yarn has been sent to enterprises two times in October 2019 and December. The subsidy of more than 32 yuan is 880 yuan / ton, the subsidy below 32 yuan is 800 yuan / ton, and other subsidies such as social security and electricity tariff have also been received.

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