Liaocheng, Shandong: The Number Of Cotton Enterprises Increased, Seed Cotton Price In 3.2 Yuan / Jin

After the middle of September, the number of buyers of cotton ginning plants in Shandong Province increased gradually, but the market purchase volume was not large. Liaocheng area of Shandong Province mainly purchased seed cotton from other places because of the small number of local seed cotton on the market.

It is understood that there are cotton ginning plants in Liaocheng, Shandong Province, which were purchased on September 14. However, due to the small cotton planting area and the limited picking capacity of cotton farmers, it is difficult to purchase new flowers. Cotton enterprises in order to improve the purchase volume, had to go out to purchase, recently mainly in Hubei, Hebei and other places of new cotton. At present, the purchase price of seed cotton is 3.20 yuan / kg (40% of clothing and 13-16% of moisture). Recently, it has been started to process. The factory quotation of grade 3 new lint is 12700 yuan / ton (with ticket), and the factory price of new cottonseed is 1.33 yuan / kg.

This Monday (September 21) Zheng cotton continued to rebound, the main cf2101 contract maximum price to 12945 yuan / ton, Lido spot lint market. The manufacturers reported that the number of inquiry for new cotton from downstream textile enterprises and middlemen has increased recently. As lint output is not large, and there is no pressure for shipment at present, the price of cottonseed is acceptable, and most of them are purchased by local or oil cotton factories in Xiajin area. In order to avoid the risk, manufacturers actively contact downstream purchasing lint, try to achieve the production according to sales.