Cotton Growth Improved In The Yellow River Basin, Local Yarn Prices Rose Slightly
On July 24, the weather in most of the main cotton producing areas in Shandong and Hebei continued to be fine and the light was sufficient, which was beneficial to the cotton in the full boll period. It is understood that cotton flowering and boll setting are relatively good in the Yellow River Basin, and the expected cotton yield may maintain 400-450 Jin / mu.
A cotton farmer in Dezhou, Shandong Province, said on the 24th that the plant height of cotton is generally about 80 cm, with an average of 7-8 peaches per plant, and all of them are full and full, with about 14-20 buds per plant at the top. At present, the local cotton is in the critical period of pollination and boll setting. Cotton farmers should strengthen field management, carry out leaf threshing and ventilation, spray pesticides to reduce node and control pests, so as to ensure a high yield and harvest of cotton this year.
In Hebei Hengshui, Handan and other places, cotton a pleasant scene. Due to the recent fine weather, the growth rate of local cotton has been accelerated. Many cotton farmers said that if there is no bad weather in the later stage, this year's cotton will have a bumper harvest.
Up to now, the local lint trading volume increased slightly, mainly due to the stock purchase of some textile enterprises. It is understood that the stock of raw materials in some large-scale local textile mills is about 2 weeks, while some small and medium-sized manufacturers continue to adhere to the principle of "buy as you go". The price of "double cotton" of "Dezhou" was about 12400-20 tons / day, which was higher than that of "Xinjing" and "Binzhou" at about 12700-20 yuan / day. A person in charge of an enterprise said that there are two main reasons for the rise in cotton prices: one is due to the influence of transport capacity. As Xinjiang is in the main period of melon and fruit going out of Xinjiang, there is a shortage of transport vehicles for Xinjiang cotton to move to the mainland, resulting in a rise of about 50 yuan / ton in transportation costs. Second, Sino US relations are increasingly tense, and the market is worried about the future signing of US cotton.
As of 24, cotton yarn prices in Shandong Province rose slightly. The price of combed jc32s and j40s is 22000 yuan / ton and 23000 yuan / ton respectively, which is 100 yuan / ton higher than the price of 20 days. Since July, the textile industry has entered the off-season. The severe epidemic situation in foreign countries and the downturn in the downstream textile industry, as well as many enterprises' production stoppages and holidays, have led to a general pessimistic trend of the market in the near future. It is expected that the market will still maintain a low-level oscillation pattern in the near future.
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