Hebei Cotton Prices Remain Stable And Weak

Some units have ended their vacation work.

Hebei is still in a festive atmosphere, and cotton city is still in a dormant state.

According to the head of a ginning factory in Cangzhou, the market price of seed cotton is 2.80-3.10 yuan / Jin, and most factories intend to officially purchase nine yuan at the beginning of the month.

"Now there is not much seed cotton in the market, and it is estimated that the scale will not be much more."

The boss of a ginning factory said that they now stock about 70 thousand catties of cotton seed and 70 tons of lint cotton, which are at a low level.

If things do not improve in the future, they will be formally suspended.

25, Cangzhou, Baoding and other warehouses Xinjiang cotton price 2128, 3128, 4128 class prices were 14800 yuan / ton, 14200 yuan / ton, 13900 yuan / ton, the price is unchanged from the Spring Festival holiday.

At present, some cotton traders sell a small amount of Xinjiang cotton, which are mainly purchased by neighboring enterprises such as Shijiazhuang and Baoding.

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A cotton trader said that the price difference between high and low grade cotton was widened. Xinjiang cotton was used as an example. The price difference between grade 2128 and grade 4128 reached 900-1000 yuan / ton.

First, because the number of high-grade cotton is small, the market is in short supply; the two is that some high and medium yarn enterprises need more and have stronger purchasing desire.

Due to the low inventory of cotton outside the port and the Spring Festival holiday, most port traders did not have a record.

On the 25 day, the price of India cotton in Qingdao port continued to quote before the Spring Festival, of which the S-6 class 1-5/32 yuan quoted 13800-13900 yuan / ton, the bonded spot S-6 quoted 68.5-70.5 cents / pound; the American cotton M 1-1/8 quotes 15700-15900 yuan / ton, the quality SM 1-5/32 high price 16300 yuan / ton.

On the side of cotton, almost all the oil extraction factories stop collecting and shutting down during the Spring Festival.

As of 25 days,

The price of cotton seed in the city is 1.10-1.12 yuan / jin (12% of seed oil and 13% of moisture content), and the price is flat before the Spring Festival holiday.

According to market reaction, most of the oil mills started Yu Zheng's early nine to Lantern Festival, and a few oil plants started after the Lantern Festival.

Market participants believe that after the Spring Festival, cotton seeds may be uplink.

First, the number of cottonseeds is reduced, most of them.

Low inventory, expected to start after the cottonseed will now "Luoyang paper expensive"; two is because the ginning factory in the cost of support, continue to sell at a price.

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At present, most cotton mill in Xinjiang has a large stock of cotton, and a ginning factory in Akesu is stocking more than 7000 tons of cotton, and intends to move to the mainland in the near future.

The 3128 class hand picked cotton has been quoted to Shandong, Jiangsu and other places. The price is quoted at 14000-14300 yuan / ton, and the 2128 class price is 14300-14400 yuan / ton, all of which are unchanged from the Spring Festival, and there are hardly any sales records in the near future.

The financial pressure of Xinjiang ginning factory increased after several years. Some enterprises increased their financial costs through social financing, plus the need to pay warehousing, storage, pportation and loan interest and warehousing costs to the mainland.

Up to now, most farmers and cotton planting units in Xinjiang haven't purchased materials such as cotton seeds, plastic film, fertilizer, pesticide and so on. In particular, some Uygur farmers have low enthusiasm to purchase agricultural materials before they were launched in April.

First, cotton farmers' income in 2014 is not high; two, domestic cotton prices are expected to remain low in 2015.

The market is expected to reduce cotton planting area by more than 10% in Xinjiang next year.

The the Yellow River river basin is in a "sting" state.

As of 25, Hebei, Shandong, Tianjin and other places are still immersed in festive atmosphere.

On the same day, Mr. Li, owner of a 400 type cotton ginning factory in Xiajin, Shandong, said that their factory plans to start work after ten in the beginning of the month, which has been postponed for 3 days compared with previous years.

According to him, after the Spring Festival this year, the local ginning factory is still "no action".

The reason is: first, there is not much seed cotton in the market, and the quality is poor, which is not attractive to the ginning plant. Two, the current stock market is not good enough, especially the purchasing attitude of textile enterprises is negative, and the cost of enterprises is "upside down".

On the same day, Shandong, Binzhou, Dezhou and other places 3128 class real estate cotton price 12900-13100 yuan / ton, 4128 level 12400-12500 yuan / ton, continue to quote before the Spring Festival.

At present, most of the 400 type cotton ginning plants have low stock of lint, generally below 100 tons, and some ginning plants are at 500-600 tons.

Some ginning plants reflect that after the Spring Festival, they will no longer buy seed cotton and sell mainly lint.

The market expects that the cotton price in the the Yellow River River Basin will be divided after the first ten days of March. First, the price of quality Xinjiang cotton, real estate cotton and imported cotton will rise, of which grade 2129 Xinjiang cotton will rise to 15000 yuan / ton; two, the general quality cotton, Xinjiang hand picked cotton and India Chen cotton will continue to go down, of which 2227 grade real estate cotton price is around 12000 yuan / ton.

The quantity tax reduction of the ginning plant in the Yangtze valley.

Up to now, market participants in Hubei, Jiangsu and Anhui in the Yangtze River Valley have been greatly reduced after the Spring Festival.

On the 25 day, the head of a 400 type ginning factory in Wuhan, Hubei, Niu said that they still had 210 tons of lint on hand, and that they would no longer buy and process after they were sold out.

According to him, after more than 70 years, the local cotton ginning mill estimated that the normal operation will be below 10.

First, before the Spring Festival, most factories ended up losing money, and cotton processing industry was not profitable. It became a common understanding. Two, the cotton area in the Yangtze River Basin had been greatly reduced, and most of the ginning plants had "no rice under the pot".

It is reported that at present, the acquisition of cotton in the Yangtze River Basin has completed more than 80%. After that, the quantity of cotton is small and the quality is poor.