Cotton Cotton Farmers Below 6 Yuan / Jin Temporarily Difficult To Accept
recently futures The lint is warm, but downstream Textile mills because of raw materials and product There is more stock and willingness to buy lint is still not strong enough to stimulate cotton market activity. Shandong Heze area ginning factory a small amount of market entry, but started slowly, buying and selling like continuous water.
It is reported that the cotton seed with good quality is still difficult to acquire in Heze. The cotton calendar in the local cotton calendar has the habit of storing cotton for the longest time.
In addition, the impact of previous high price cotton, compared with other crop income, cotton less than 6 yuan / Jin cotton farmers temporarily difficult to accept.
Recently, the lint of futures lint has warmed up, and a small number of spot products have been traded. Some of the cotton ginning plants have begun to enter the market. However, because of the difficulty of local purchase, most manufacturers still buy cotton seeds mainly from Hubei and Anhui.
Among them, the weakly three grade seed cotton to the factory price is 5.50-5.60 yuan / jin (38% lint, moisture 12-13%), weak four grade seed cotton to the factory price 5.20 yuan / jin (37% lint, moisture 13-14%), of which four grade lint price is 26000-26500 yuan / ton, weak four grade lint price is 25500-25800 yuan / ton (with tickets, gross weight, factory), cottonseed price is 1.75-1.82 yuan / Jin.
In order to avoid losses caused by fluctuations in the market, the cotton mill takes a small amount of processing and sells fast sales.
If the market is stable in the late stage, the cotton market will enter a slow start stage.
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