Anhui East To: Seed Cotton Purchase Price Of 3 Yuan / Kg Or So, 400 Enterprises Still Do Not Scale.

Since August 20th, the weather in Chizhou, Anhui has been dominated by fine weather until the deadline. There is still no rainfall. 50 days of continuous rain did not cause further expansion of the drought area, and the drought increased further.

It is understood that cotton fields in the main cotton producing areas are seriously short of water, cotton lodging is serious, water supply and demand is imbalance, leaf wilting, cotton plant growth and development are blocked, and the increase of bud and boll abscission has great influence on cotton yield and quality. In order to alleviate the drought, the Chizhou Weather Modification Office will carry out artificial precipitation enhancement operations in real time in October 11th according to the weather conditions approved by the people's Government of Chizhou. The weather is cloudy today, but there is still no rainfall.

At present, the local purchasing enterprises are still dominated by small cotton bags, and seed cotton purchase prices are stable at 2.90-3.00 yuan / Jin, with 40% lint, 13 moisture and 1.3% impurities. The 400 type enterprises still have not been mentioned. The main reason is that futures prices have fallen sharply, and the price of lint sales has been falling all the way. According to the person in charge of a local 400 type enterprise, the cotton is not losing money at present. Instead of losing money, it purchased 200 tons of Xinjiang a few months ago. It did not calculate interest. The net price fell by 2000 yuan / ton, and the purchase price was 15000 yuan / ton. Yesterday, the warehouse price was 13000 yuan / ton (delivery, ticket, gross weight). With the centralized listing of seed cotton, the inventory of cotton lint is backlog, so even if it is sold at a loss, it will have to sell.

In addition, the price of seed cotton was stable, but cottonseed prices began to fall, and the cost of lint increased. Buyout companies had to slow down the acquisition process. Despite the end of the cotton spinning round, Xinjiang cotton was listed on the market. The textile mill still favored Xinjiang cotton, and its enthusiasm for purchasing cotton in the mainland was not high. As of today, the local lint price is quoted at 12300-12600 yuan / ton (delivery, ticket and gross weight).