The Purchase Price Of Seed Cotton In The Mainland And Xinjiang Is Lower Than Last Year.

Liu Shuang, chairman of Xinjiang West Hui Fu Cotton Industry Co., Ltd., told futures Daily reporters that the output and quality of newly produced seed cotton and lint cotton have been analysed. Most cotton producing areas in this year are less than last year and their quality is lower than that of last year, the quality of which is more obvious, such as the main body length of Xinjiang cotton is only 27 millimeters.

Yang Zhijiang, general manager of Shanghai Business Department of China Merchants futures, believes that the cotton market has been showing signs of polarization in the domestic cotton market due to the general decline in the quality of new cotton, that is, the supply of high quality cotton is tightening, prices continue to rise, and low quality cotton stocks are backlog and prices continue to fall.

"The quality and output of domestic cotton have declined continuously in recent two years, and the quality of cotton is decreasing this year, which is higher than that of last year. It is estimated that textile enterprises should increase the purchase of high-quality imported cotton this year."

Yang Zhijiang said that in the last cotton year, the number of imported cotton in China was about 1 million 700 thousand tons, which was mainly used by the textile enterprises as cotton blending. This year, the domestic high-quality cotton is scarce. Although the import quota is issued more strictly, it is estimated that the quantity of imported cotton will not drop.

According to the reporter, the current new domestic "double 28"

The output price of the Xinjiang production area is 13000 yuan / ton, and the poor quality is 12500 yuan / ton. The trend of the spread of the two spreads is more obvious.

According to the data released by China cotton information network, as at the end of September, the cotton length of 26 millimeters was 18.5%, 27 millimeters accounted for 52.48%, 28 millimeters accounted for 25.27%, 29 millimeters accounted for 2.74%, and most of the cotton tested last year were 28 millimeters, accounting for 52.48%.

Overall, the cotton length index declined significantly this year, and the proportion of cotton with stronger strength decreased, and the horse value was better than that of the same period last year.

"Because of new products

The quality is not good, the market purchase price is higher and lower, but many ginning mills still dare not buy freely. The main worry is that there is no need to produce lint. "

Liu Shuang said that the lowest purchase price of hand picked cotton seed in some parts of Southern Xinjiang has dropped to 5.3 yuan / kg, while the price of hand picked cotton in Northern Xinjiang is 5.8 yuan / kg.

It is also understood that the purchase price of machine picked cotton in Xinjiang is between 4.6 yuan and 4.7 yuan per kilogram.

In the market interview, the reporters found that the seed cotton in the mainland and Xinjiang this year

All are lower than last year, coupled with the high temperature of the early growth of cotton this year and the low temperature at the late growth stage, which caused the cotton yield to drop. Many cotton farmers are reluctant to sell. This year's cotton farmers' final income is not optimistic.

At the same time, because the quality of newly produced lint is generally not up to the procurement standard of textile enterprises, many textile enterprises are worried about not finding the right raw materials for production, and worry that the high quality cotton prices will continue to rise in the later stage.