Xinjiang: Cotton Enterprise Purchase Slows Down, Reservation Warehousing Is Normal

Recently, cotton acquisition in Northern Xinjiang has been completed, and enterprises mainly focus on production, processing and warehousing; in southern Xinjiang, except Kashgar, which is affected by the epidemic, the picking progress in other areas is about 70%.

Up to now, the acquisition of Yuli County, Korla, Xinjiang, has come to an end. Due to the poor grading index of tail flower clothing, the daily purchase volume of local ginning plants is small, and some enterprises have stopped collecting. The purchase price of seed cotton in Kuqa area of Xinjiang has been reduced to about 6-6.3 yuan / kg. Because it is a large number of machine picked cotton on the market, the ginning plant processing is slower than the acquisition, the small factory area of seed cotton capacity is higher, the purchase of slow down, also played a certain impact on the price of seed cotton. At present, with the reduction of purchase price, the cost of enterprises in southern Xinjiang has gradually decreased, and the gap between enterprises in Northern Xinjiang has been narrowed, and the sales pressure has also been alleviated. It is understood that at present, the local enterprises reserve the warehouse normally.