Long Staple Cotton: Cotton Ginning Companies Have No Intention To Raise Prices.

Awati, Sha ya,

And other places 31-33% lint, 13% of water long staple cotton seed cotton purchase price in 7.6-7.9 yuan / kg, less than 30% sweater seed cotton purchase price is 7.5 yuan / kg.

Because the price of seed cotton sale is substantially lower than that of 2014/15 this year, and the yield per unit area of long staple cotton has a significant decline (the yield of cotton and cotton is reduced by more than 20%) in some rural towns of Awati, the enthusiasm of farmers and cotton planting units to sell is not high.

Considering the increase of temperature and precipitation, seed cotton is not easy.

In addition, farmers need to sell seed cotton and repay their loans in time. Therefore, the ginning companies have no intention to raise prices.

At present, some cotton enterprises are trying to reduce risks and keep them as low as possible.

Purchase price, on the one hand this year, Awati, Sha Ya and other places long staple cotton enterprises to scale relatively little; on the other hand, long staple cotton seed cotton is more difficult to store, so cotton growers and cotton brokers mostly choose to sell nearby.

A cotton trader in Awati said that by the high temperature in 7 and August this year and the early cooling effect in September, the percentage of long cotton velvet cotton clothing decreased by 1.5-2 percentage points in comparison with that in 2013 and 2014. Moreover, the length of the cotton fabric was not ideal, the length of 35-36mm was relatively high, and the supply of 137 and 237 was obvious.

Some long staple cotton enterprises have indicated that the length of long staple cotton and the strong decline will still cause more obvious influence on the spinning of high spun yarn and cotton blending. Therefore, "selling low and remaining high" is a common practice in ginning plants. A large number of 236, 336 and 335 grade long staple cotton are pushed to the market.

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The mainstream purchase price of cotton seed in Hubei Huanggang area is 2.70-2.90 yuan / jin (lint 37-38%, moisture 14%), which is basically flat compared with yesterday and acquired 100 thousand Jin daily.

The head of the enterprise said that since the end of October, the progress of the purchase has obviously accelerated, and the quality of seed cotton has also been improved.

It is understood that the purchase price of seed cotton in Wuhan, Jingzhou and other places in Hubei is mostly 2.60-3.00 yuan / Jin, which was slightly reduced by 0.10 yuan / Jin compared with the beginning of mid September, and the daily purchasing volume of enterprises was maintained at 5-10 Jin Jin.

"Hubei cotton is of high quality and low price, which plays an important role in the Yangtze River Basin.

"The boss of a ginning factory in Jingzhou said that the output was the top in several provinces such as Jiangsu, Hunan, Jiangxi and Anhui, but it is expected that the influence of Hubei cotton will be smaller and smaller after this year.

Anhui Anqing, Chizhou seed cotton to the factory price of 2.85-3.10 yuan / jin (lint 40%, moisture regain 12%), compared with yesterday, the daily purchasing amount of the enterprise is 3-5 Jin.

Anqing and Chizhou are important cotton growing areas in Anhui province.

A market source said that this year the Yangtze River Basin cotton industry wither is the most serious in the country.

On the 29 day, the spot market in the Yangtze River Basin continued to weaken, including Yancheng, Dafeng, Jiangsu, Yancheng, and other spot quotations of 12500-12600 yuan / tons, more than yesterday.

At the moment, there are not many enterprises to start up formally, and the stocks in hand are few and far between.

"Only with production and sales, mainly sold to some small and medium-sized textile enterprises."

A person in charge of a company in Yancheng said.

"The goods were very slow and only 60 tons in 10 days."

On the same day, the head of a ginning factory in Yancheng said that since late October, most textile enterprises in Jiangsu, Zhejiang, Hubei and other places sent procurement personnel to Xinjiang for procurement. Recently, they have been doing business recently, but they are generally indifferent to real estate cotton.

Some ginning plants sell cotton to textile enterprises for sale, but "goods go to the top of the land", or they sell at a loss or run in white.

The market expects that by the beginning of November, the seed cotton harvest in the Yangtze River Valley will be over. When the cotton seed seed cotton is sold or reached a small peak, the price of seed cotton will continue to descend under the influence of the downstream downturn.