Review Of Spot Price Quotas Of Cotton In Various Parts Of China

In order to protect the interests of cotton farmers and maintain the stability of the cotton market, the state bought and sold some Xinjiang cotton last week, and the rumors that it has recently increased the reserves of Xinjiang cotton has played a certain role in boosting the weak pattern of the cotton market in some parts of Jiangsu Province, so that the market stability and guidance have been strengthened, and the short selling power has temporarily converged.

It is understood that at present, Jiangsu's Dafeng cotton spot market is gradually warming, and the emergence of the current situation of high grade seed cotton.

On the two day of the weekend, cottonseed prices continued to decline significantly under the condition of weakness, with a general decline of 0.02-0.03 yuan / Jin, so that the enterprises that insisted on purchasing seed cotton were "worse than ever", and most manufacturers stopped buying again.

Since mid October, the price of textile raw materials has been dropping rapidly, of which polyester staple fiber has fallen to 500 yuan per ton per day.

Influenced by macroeconomic factors at home and abroad, the prices of raw materials and finished products in textile enterprises have been reduced for three months, and the situation has been worse since October.

Most cotton growing areas in Hubei have cloudy and rainy weather. Most of the cotton ginning enterprises can not start production. At the same time, the price of seed cotton is too low, and the market paction is low. Most enterprises can only maintain sporadic acquisition.

The sales price of cottonseed in most cotton areas of Hebei province has stabilized, but the price of lint cotton has continued to decline. Moreover, textile enterprises are not enthusiastic in purchasing and less in volume. Therefore, the phenomenon of stopping cotton enterprises is widespread.

In October 27th, the price of lint market in some parts of Shandong still maintained a downward trend. The price of cottonseed and seed cotton was down again, and many enterprises continued to stop and wait.

In October 26th, Linquan seed cotton purchase price in Anhui was 2.65 yuan / jin (lint percentage 37%, moisture 11%), cottonseed price was 0.90 yuan / Jin, and the price of seed cotton remained stable for a week, and the purchase price of seed cotton in some areas still fell, but because cotton farmers still can not accept the current market price, the selling mentality is serious, and the progress of seed cotton sale is still slow.

At present, the average seed price of 40% liners in the territory has dropped to 5.1 yuan / kg. In most areas, the linen percentage of cotton has dropped to 36 to 37%, and the lowest purchase price has reached 4.5 yuan / kg. In some areas, the purchase of seed cotton has come to an end, and some small factories only accept cotton sold by cotton growers.