Shandong: Cotton Market Is Weak &Nbsp; Seed Cotton Purchase Quantity Is Small.

Up to now, Shandong Tai'an cotton seed picking progress has been more than half, but because of the weak cotton market continued, coupled with unfavorable weather this year led to a decline in cotton quality, cottonseed oil content is not high, so cotton business acquisition is generally cautious, some enterprises only sporadic acquisition.

In October 12th, the local cotton enterprises' weak 4 grade seed cotton purchase price was 4.20-4.30 yuan / jin (lint 38-39%, moisture 13-15%), the lint price quoted at 19000-19500 yuan / ton, and there were few transactions; the cottonseed price was around 1.20 yuan / Jin, and the turnover was slightly active.

Because of the current Shandong Huimin Unginned cotton The purchase amount is relatively small, and the personnel in the autumn harvest and autumn season are in short supply. The cotton enterprises started processing less than 30%, resulting in a shortage of cotton seed resources and a rapid rise in prices. In October 11th, the price of cottonseed loading was 1.26 yuan / Jin, up 0.1 yuan / Jin compared to 10 days ago.

The oil factory is afraid of the loss of workers and is not willing to stop for a holiday after driving. The cottonseed resources of cotton enterprises often have several oil plants waiting to be bought, and the oil factory has to accept sustained rising cotton seed prices for maintaining production.

In addition, as of October 12th, cotton picking in Dezhou reached 80%. Seed cotton purchase Prices rose slightly, Wucheng and Xiajin County weak grade 3 seed cotton. Buy The price is around 4.45 yuan / jin (39% of lint, 14% of moisture regain), and the 4 grade is about 4.30 yuan / Jin, which is about 0.10 yuan / Jin during the national day. The main reason is that the water content of cottonseed is reduced and the rate of oil production is raised. The price rises from 1.20 yuan / jin to the current 1.28 yuan / Jin, but because of the increased cost of cotton planting, cotton farmers are reluctant to sell seriously and do not sell cotton.