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    Industrial Cluster: Focus On The Purchase Status Of Seed Cotton In The Market

    2024/2/8 12:30:00 214

    Unginned Cotton

    ?

    At the end of January, close to the Spring Festival holiday, the national seed cotton purchase has basically ended. According to the Xinjiang cotton target price implementation plan, the cotton sold after January 31, 2024 will not receive the subsidies of this year, and the seed cotton purchase volume will continue to decline. The purchase price fluctuated greatly due to the decline in the quality of the tail flower and other factors, and the increase in processing volume also slowed down. In that month, the average purchase price of 3128 grade seed cotton of national 400 type cotton processing enterprises was 7.4 yuan/kg, up 13.8% year on year. As of January 31, the national lint processing volume was about 5.579 million tons, up 9.8% year on year.

    Since 2023, the purchase market of new cotton has been basically stable. Processing enterprises have operated rationally and in normal order. There has been no rush to harvest. The price of seed cotton is higher than that of the same period last year. As of January 31, 2024, the average purchase price of 3128 seed cotton of national 400 type cotton processing enterprises was 7.62 yuan/kg, up 25% year on year. The purchase of seed cotton in the mainland was earlier than that in Xinjiang, most of which were hand picked cotton. The price was relatively stable, with an average price of 7.96 yuan/kg, up 2.5% year on year; Xinjiang cotton region mainly picked cotton by hand at the initial stage, but later, with a large number of machine picked cotton coming on the market, the price fell back, with an average purchase price of 7.62 yuan/kg, up 28% year on year.

    1、 The purchase price of seed cotton rose year-on-year

    As of January 31, the average purchase price of 3128 seed cotton of national 400 cotton processing enterprises in that month was 7.4 yuan/kg, up 13.8% year on year; The purchase price of Xinjiang seed cotton was 7.4 yuan/kg, up 13.8% year on year; The purchase price of seed cotton in the Yangtze River Basin was 7.6 yuan/kg, up 1.3% year on year; The purchase price of the Yellow River basin was 8 yuan/kg, up 2.6% year on year.

    2、 The growth rate of national new cotton processing volume slowed down

    In January, the growth rate of processing volume of new cotton purchase slowed down. As of 31, the total processing volume of 1095 400 type cotton processing enterprises nationwide was about 5.579 million tons, up 9.8% year on year, 10.6 percentage points less than that of the previous month. The total processing volume in Xinjiang is about 5.456 million tons, up 8.9% year on year; Among them, the processing volume of the autonomous region was 3.666 million tons, up 18.3% year on year, and that of the Corps was 1.79 million tons, down 6.4% year on year. The total processing volume in the mainland was 123000 tons, up 81.7% year on year.

    3、 The overall quality index of new cotton is higher than that of last year

    According to the statistics of China's cotton notarization and inspection data, as of January 31, there were 1121 cotton processing enterprises conducting notarization and inspection in 2023, with the inspection volume of about 24.474 million bales and 5.525 million tons, up 18.1% year on year, including 5.392 million tons of Xinjiang cotton, up 16.9% year on year, accounting for 97.6% nationwide; The inland cotton reached 133000 tons, up 98.5% year on year, accounting for 2.4% nationwide. In addition to the white cotton color level indicators, other quality indicators of new cotton were higher than that of the same period last year as a whole, of which the white cotton grade 3 and above accounted for 79.7%, 8.7% lower than that of the same period last year; The fiber length of 28 mm and above accounted for 97.7%, 4.3 percentage points higher than that of the previous year; The micronaire value A+B (3.5-4.9) accounted for 92.1%, 2.2 percentage points higher than the previous year; The breaking strength S2 (29.0-30.9) and above accounted for 63.8%, 33.2 percentage points higher than that of the previous year.


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