Cotton Futures Prices Drop Hard Spot, Difficult To Sell, Capital Withdrawal Is More Difficult.
In late August, cotton began to spread out, and the processing enterprises not only actively maintained the machinery of the workshop, but on the other hand, they paid close attention to the repayment of funds, and on the other hand actively sold stocks of lint and lint. With the sharp fall in futures prices, the spot market is not only hard to sell, but capital recovery is the top priority.
It is understood that a processing enterprise in June sales of lint and short fiber funds have not yet been returned to the cage, although the other day agreed to fund early August, but now in mid 8 months, the other side to find various reasons to prevaricate. Warehouse more than 100 tons Xinjiang cotton nobody asked, price and purchase price at that time has fallen by 3000 yuan / ton, at a loss.
In addition, late August is the critical period for determining cotton production. The cotton bolls now constitute about 50% of the total number of peach. At present, the main task of cotton field management should be to improve the ventilation and light transmission conditions of cotton fields, maintain root activity, prevent greening late maturity, and prevent premature senescence.
At the same time, we should pay attention to pest control such as red spider and cotton bollworm. Cotton topping, pruning, going to old leaves, and removing buds should be kept up in time to reduce consumption of nutrients, so as to reduce rotten bells and bells and promote normal maturity. In order to improve the quality of cotton fiber, we should fertilize the fields with poor growth and combine with irrigation to make a quick acting fertilizer. Cotton topping, pruning, going to old leaves, and removing buds should be kept up in time to reduce consumption of nutrients, so as to reduce rotten bells and bells and promote normal maturity. In order to improve the quality of cotton fiber, we should fertilize the fields with poor growth and combine with irrigation to make a quick acting fertilizer.
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