The Yellow River Basin: Cotton Farmers Are Selling Cotton And Cotton Enterprises With Heavy Selling Pressure.

Cotton farmers reflect that at present there are still some cotton in their homes, but sales are everywhere. First, the number of ginning plants has been greatly reduced, and the 400 type enterprises in Hebei have been visited. The number of buyers continues to be less than 20%, of which Cangzhou has been reduced to 4, 5, 7 and 8 in Hengshui, two is the quality requirements of cotton ginning plants, and the cotton farmers are Unginned cotton Most of the factories were rejected because they failed. A market source said that at present, the seed cotton sale in Hebei has only finished about 50%, and the purchase of the cotton mill is coming to an end. Cotton farmers do not know who to sell the cotton.

Cotton farmers in Shandong are also experiencing this situation. A cotton farmer in Jinxiang, Jining, introduced 31 cotton seed prices at 2.70-3.10 yuan / jin (10% of lint 38-40% and moisture regain), unchanged from 30. Due to the poor local weather conditions during the cotton growing season, cotton production and quality are affected. Cotton farmers sell more money, and most of them sell good cotton and poor cotton together, resulting in a decline in cotton quality. However, as long as the cotton ginning plant is mixed grade cotton, or more rigid valves, it will not accept it. According to the market, as of the end of December, the seed cotton sale in Shandong, Hebei, Tianjin, Henan and other places only completed 50-60%, and there are still a lot of seed cotton in the hands of cotton farmers.

When new year's day comes, many cotton ginning factories take the opportunity to take a holiday. "It's time to start." Xiajin, Shandong, a 400 type of enterprise executives said that the recent lint spot market is difficult to rise, sales pressure is great. On the 30 day, the local grade 3128 lint was 12900 yuan / ton (gross weight, with a ticket), 4128 level 12300-12400 yuan / ton, 2227 grade 12000-12200 yuan / ton, all unchanged from last week. According to the manufacturer's reflection, the expected replenishment of textile enterprises has not yet arrived, and the general inventory of ginning plants is soaring, and the pressure of funds and repayment of loans is highlighting.

Many market participants believe that the mainland Cotton price It is mainly because of the impact from Xinjiang cotton and outer cotton. Up to now, warehouses in Shandong, Hebei and other places Xinjiang cotton The total stock has reached millions of tons. On the 31 day, the 2129 grade Xinjiang cotton price is quoted at 15000-15100 yuan / ton, the 3128 level is 14400-14500 yuan / ton, the 4128 level is 14000-14100 yuan / ton, the overall price level is higher than the real estate cotton 1000 yuan / ton, but Xinjiang cotton is in accordance with the new national standard after the public inspection, and Xinjiang cotton is superior to the real estate cotton in the fiber length, horse value and so on, therefore the textile enterprise is more willing to purchase. It is also understood that the number of cotton exports from Qingdao port has decreased rapidly in recent years. The price of the US cotton SM 1-5/32 is 16300-16500 yuan / ton on the 31 day. The price of the same grade Australian cotton is 17200-17300 yuan / ton, and the India cotton grade S-6 price is 14300 yuan / ton line. The price fluctuation is not big in the near future, and the US cotton basically breaks the goods, and the new India cotton arrives in Hong Kong in the new season. According to traders, the quality of foreign cotton is snapped up, and the low quality is rejected, which is rather unsalable.