Introduction Of Recent Cotton Prices In China

Anqing, Anhui, in September 9th, cotton merchants bought 5 grade seed cotton at 3.75-3.90 yuan / jin (water content is above 15%), and 200 types of individual cotton.

A small number of acquisitions, processed into small package of cotton grade 4 weak, the paction price of 17800-18300 yuan / ton, the volume is very small; and 400 cotton enterprises are still preparing for the acquisition processing, is expected to be fully opened in late June this year.

In September 10th, the purchase price of seed cotton in Yuli and Pu Hui County was 40%, and the moisture content was less than 13%. The purchase price of seed cotton was 8.4 yuan / kg, and the seed cotton purchase price of 41-42% was 8.5-8.6 yuan / kg, which rose 0.3 yuan / kg compared with the beginning of the scale.

Due to the strong anticipation of the drop in cotton prices in the market and the limited demand for cotton yarn and grey cloth Market in the lower reaches, cotton enterprises are not optimistic about the acquisition of seed cotton this year. Recently, cotton traders and processing enterprises rush to harvest, which may push the price of seed cotton to exceed 9 yuan / kg, but will eventually drop to below 9 yuan / kg. Most cotton enterprises plan to take the strategy of "grabbing both sides and putting the middle".

Some local cotton enterprises said that according to the current purchase price of seed cotton, the cost of grade 3 lint is less than 19000 yuan / ton. If the storage is successful, the processing profit will be over 800 yuan / ton, and strive to control the average purchase price of seed cotton within 8.8 yuan / kg this year. Otherwise, if part of the cotton seed storage is not successful, the risk faced by cotton enterprises will be greater.

In September 10th, the purchase price of grade 4 seed cotton in Xingtai, Hebei was at 3.8-4.1 yuan / jin (37% of lint, 20% of water content), which was flat with last week. Cotton farmers' sales volume gradually increased, but cotton enterprises still dominated by exploratory acquisition, with limited daily purchases. 4 grade Chen Mian cotton quoted price at 17600 yuan / ton, 5 level reported price 16300 yuan / ton, and market pactions were scarce.

Besides, the local weather has not yet cleared up.

The effect of growth and boll opening is estimated. The estimated yield per unit area is 280 Jin / mu, which is 50 Jin / mu less than that of last year.

The price of seed cotton has been increased by 4.2 yuan per kilograms (lint 38.5%). The person in charge of the enterprise said that the processing price will be mainly for storage and storage. The acquisition price of the 200 type enterprise will be RMB yuan / jin (the lint is at 37.6-37.8%), and the price of the positive class small package cotton will be priced at RMB yuan / ton. The purchasing price of the Jujube type enterprise is RMB yuan / jin (lint percentage), and the person in charge of the enterprise will use it for storage. The purchasing price of the enterprise is 4.1-4.2 yuan / kg (lint percentage), the processing cost is close to yuan yuan / ton, the purchasing price of Xiangfan type enterprise is RMB yuan / jin (lint percentage), and the processing will start in September 15th, and will be mainly stored and stored. In September 10th, the purchase price of grade 3 seed cotton in Qianjiang, Hubei was 4.30 yuan / Jin, 4 seed cotton 4.20 yuan / Jin, 5 yuan and below seed cotton 3.90 yuan / Jin, and flower 4.18 yuan.

Shandong Juye this year cotton farmers change attitude, pick up slightly after drying, that is, one after another, the price is 4.2-4.3 yuan / Jin.

8 mid late to early September, Jiangsu, Yancheng, Xuzhou, Lianyungang and other places continued high temperature weather, which is conducive to cotton growth. Short time rainfall has little effect on the main cotton producing area. It is estimated that the yield and quality of seed cotton in Sheyang and Dafeng in 2012 will be higher than that in the previous year.

At present, cotton and cotton in Sheyang, Dafeng and other cotton areas have a normal proportion of 10-20%, and cotton farmers only pick a few parts of peach and rotten peach to go home to dry. Cotton prices have not yet been listed. The purchase price of seed cotton is 38%, and the moisture content is less than 15%. The purchase price is expected to be no higher than 4.80 yuan / Jin.

Expect no more than 4.20 yuan / Jin.