The Price Of Cotton And Cottonseed At The End Of The Year Has Cast A Shadow On The Market.
According to the analysis, since the middle of 12 months, Xinjiang cotton's internal pportation progress has been quickening, and the supply of Xinjiang cotton has been reduced from supply in early 10-12 to loose supply. Some cotton merchants are eager to cash in and have to cut down the selling price.
Zheng cotton's stagflation has dropped, and it has recently dropped below 15000 yuan / ton and 14800 yuan / ton mark.
Cotton is not flourishing, trading is decreasing, and cottonseed is down in the near future.
According to the feedback from the oil refineries, the demand for cottonseeds has been reduced due to the recent increase in the number of discontinued enterprises. The recent haze and the decrease in the quality of cottonseed are also a major reason for the fall in prices.
In addition, the recent cotton products such as cottonseed meal and cotton by-products stagflation, also dragged down the cottonseed market.
Hebei continues to be enveloped in fog and haze. A market source said that in recent days, local cotton trading has basically stopped, and the market has no market price.
The mainstream purchase price of seed cotton is 3.55-3.75 yuan / jin (38% of lint, 12% of moisture regain), which is equal to that before the new year's holiday.
However, due to the suspension of seed cotton purchase, a series of changes have taken place in the market.
First, type 400 and type 200.
Cotton ginning factory
Stop collecting and shutting down more.
In January 3rd, only 4-5 remaining 400 type ginning plants in Cangzhou, Hebei, remained only 1-2, and only 200 of the 200 manufacturers were left.
The newly stopped enterprises say that because the weather is not strong enough, enterprises do not want to "dry up and consume".
In Dezhou, Liaocheng and other places in Shandong Province, the purchase of ginning plants is rare.
Second, the lint spot is "steady, dark and even".
As of January 3rd, Shandong's spot market 3128 class, 4128 class real estate cotton output price of 15400-15500 yuan / ton, 15100-15200 yuan / ton, compared with the new year's day before the holiday fell 200 yuan / ton.
Although the price is stable on the surface, individual manufacturers give a discount of 150-200 yuan / ton in the actual paction process, or take part of the freight.
Xinjiang cotton
Sales in the the Yellow River valley were sluggish and prices plummeted.
In January 3rd, Shandong Jining warehouse "double 29", "double 30" Xinjiang hand picked cotton output price of 16200-16300 yuan / ton, compared to the new year's day before the holiday fell 200-300 yuan / ton, 3128 grade Xinjiang hand picked cotton price lowest to 16000 yuan / ton.
National cotton market monitoring system Hebei Tangshan monitoring station information staff learned that the local cotton seed purchase is basically over, the progress is basically the same as last year, and the processing of some cotton enterprises is basically over.
Because of the good geographical location and the concentration of cotton producing areas, the local cotton enterprises are still relatively large. The purchase of seed cotton is still in progress. The daily purchase volume is 1-2 Jin Jin, and the acquisition is expected to be completed in about 10 days.
It is reported that the cotton and linseed stocks of cotton enterprises which have been concluded are relatively small. They are about tens of tons, and they are still acquiring cotton seeds and lint stocks.
At present, the purchase price of local seed cotton has dropped, and the 3 purchase of white cotton has been made.
Price
At 3.8 yuan / Jin, it dropped by 0.05 yuan / Jin compared with 12 in mid 2016.
On the one hand, the main reason is that the current seed cotton purchase is basically over. Only a small number of cotton enterprises have bought and bought prices. On the other hand, the sale price of lint has led to a decline in the purchase price of seed cotton.
Near the Spring Festival, even if the profit margins of cotton enterprises are small, the sales progress has been tightened.
At present, the local lint 3129B price is 15400-15600 yuan / ton, and the 3129B level is 15400-15600 yuan / ton, which is about 100-200 yuan lower than that in the middle and late 12 months of 2016.
It is also understood that local cottonseed prices are basically stable, cottonseed processing enterprises to buy cotton seeds 1.6 yuan / kg, cattle farmers buy cottonseed 1.65 yuan / kg, the difference between the two prices are mainly caused by the difference in quality of cottonseed, cottonseed oil processing enterprises mainly consider processing costs, the current cattle farmers can accept the price of cottonseed.
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