Liaocheng, Shandong: Demand For Lint Is Not Good, Seed Cotton Prices Are Down.

Recently, domestic epidemic situation has been basically controlled, and enterprises in various places have resumed production and resumed production. However, the purchase of seed cotton is not active in the local ginning plants. Sporadic acquisition of individual ginning plants in some areas and the purchase of Gaotang ginning plant in Gaotang, Liaocheng are not very popular.

The investigation was informed that individual cotton ginning plants in Gaotang District of Liaocheng began to buy seed cotton last week, and the initial purchase price of seed cotton was 3.25 yuan / kg (40% of lint, 13% below water) after the festival, which was 0.10 yuan / kg lower than the pre harvest purchase price. On Monday (March 16th), the purchase price of local seed cotton reached 3.20 yuan / Jin, down 0.05 yuan / Jin compared with last week. Seed cotton purchase prices continue to decline, mainly affected by the decline of lint. After the holiday, the pace of lint rise was blocked, and the decline of zhengcotton futures was difficult. In most areas of Xinjiang, the lint price of grade three was 800-1000 yuan / ton before the holiday, and most cotton enterprises in the mainland did not offer any price after the holiday.

Gaotang District ginning factory is relatively flexible in operation, after the outbreak of the epidemic, after the closure of the high speed, active sale of pre linen stock lint, three lint shipment price of 13500-13600 yuan / ton, basically unchanged before the holiday, there is no stock. In mid March, the factory has started processing. Due to the shortage of local seed cotton resources, the daily purchase amount is only 2-3 Jin Jin. The manufacturers actively contact the field cotton seed purchase, and the cottonseed is sold along with the processing. The cottonseed output price is 1.127 yuan / Jin, which is transported to the local or Xiajin oil and cotton factory by cotton seed traders. Due to the relatively low output of lint cotton, no batch has yet been formed. Affected by many factors, the local cotton market is still running slowly.