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Xingtai: Cotton Enterprises Open Up The Scale To Buy Seed Cotton Spot Market Or Run Smoothly

2013/2/27 9:50:00 7

at present, the turnover of downstream cotton byproducts has not been greatly improved. The selling price of cottonseed oil is 7750 yuan / ton, the sales price of cottonseed meal is 2600 yuan / ton, the sales price of cotton lint is 3800 yuan / ton, and the sales price of cotton shell is 1000 yuan / ton, which is equal to that of the pre holiday price. However, cotton seed trading price was 1.27 yuan / Jin, which increased by 0.05 yuan per Jin, or 4% yuan. The main reason is: on the one hand, it is affected by the shortage of seed cotton resources in the market, and the number of cottonseed is significantly reduced. Large cottonseed oil manufacturers began to purchase better quality cottonseed replenish and storage. Two, the number of Japanese cotton enterprises was reduced, and cotton enterprises had a strong desire to sell cotton seeds. 
 cotton seed prices rose sharply to drive cotton enterprises to raise seed prices and buy seed cotton. In February 25th, the purchase price of grade 4 seed cotton was 4 yuan / jin (lint percentage 35%, moisture regain 11%), which increased 0.05 yuan / Jin compared with the pre holiday period, and the daily purchase quantity of enterprises was 3--10 Jin Jin. In order to win more seed cotton resources, on the eve of the Lantern Festival, some local cotton enterprises have already begun to contact cotton brokers, and expect them to go to the countryside to buy seed cotton at an early date. However, it is understood that with the recent warmer weather, the snow on the rural roads is beginning to melt, and the roads in the countryside are hard to walk. Cotton brokers only have to go to the villages with relatively smooth roads to make acquisitions, and the acquisition of seed cotton is temporarily affected. According to the 4% loss, the processing cost is 600 yuan / ton, the production cost of grade 4 lint is 19030 yuan / ton, and the storage space of cotton enterprises is larger than that of other enterprises. Therefore, some cotton enterprises are ready to insist on seed cotton purchasing until about March 20th, so as to fully store the qualified lint. 
The price of the local spot market has dropped slightly, but it has maintained a steady trend. The 4 level lint sale price is 19000 yuan / ton (net weight lifting ticket), the weak 4 level selling price is 18700 yuan / ton, the 5 grade cotton sale price is 17000 yuan / ton, the India cotton S-6 price is 19000 yuan / ton, and the Xinjiang real estate 3 cotton price is 20300 yuan / ton, which is flat compared with last weekend. 
P > due to the influence of national policies, the spot price is going up and down. It is difficult to predict the spot market or the smooth operation. According to the analysis, the main reasons are: first, the high grade lint resources in the spot market are scarce, but the state's continuous dumping can meet the demand of textile enterprises; two, there are rumors in the market that the state will put the new cotton in the end of March, until the end of July, the total volume is expected to be 4 million 500 thousand tons, and allow the market to enter the circulation market, thereby suppressing the spot price rise substantially; three, the state will carry out a new round of storage and purchase in September. It is understood that the purchasing and storage price is maintained at 20400 yuan / ton, and the cotton planting area in the new year is in a shrinking trend, and the cotton price will not be significantly reduced by the above two factors. < Therefore, most local cotton enterprises and textile enterprises believe that under the influence of national policies, cotton prices are expected to smoothly spanition to the new year.