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Anhui cotton enterprises are not actively entering the market, looking down on the purchase price of new cotton

by:Chengyi     2021-03-15
According to information from the Baiyin Cotton Industry Information Center in Anqing and Dongzhi County, Anhui Province, most local cotton enterprises have not overhauled their equipment for the time being, and are initially scheduled to start preparing for the acquisition in August. Some local cotton enterprises lack confidence in the acquisition of Xinmian, and will wait and see whether they will participate in the acquisition.   It is understood that the area of u200bu200bcotton planted in Anqing and Dongzhi increased slightly this year, but the increase was not significant. It is precisely because of this that local cotton companies have not ignited much enthusiasm for the acquisition of new cotton. A factory in Dongzhi County processed more than 1,000 tons of lint last year. Due to the small area of u200bu200blocal cotton planting, whether to purchase this year depends on the situation, even if the purchase will continue last year's purchase model. First reach a cooperative intention with downstream textile mills, purchase seed cotton at a favorable price according to customer needs, and will not blindly purchase or even grab the harvest. This is also the conservative approach of most large factories. Several small factories are more active in purchasing new cotton due to their flexibility in purchasing and selling.   Regarding the purchase price of new cotton, local cotton companies generally believe that the previous period will not be higher than last year. Last year, the mainstream purchase price of a local factory was 3.3-3.5 yuan/jin. This year, it is believed that the opening price may be lower than 3.3 yuan/jin. In the past three months, the prices of cottonseed and cotton linters have continued to fall. Cottonseeds have dropped from 1.45 yuan/kg to 1.0 yuan/kg, and cotton linters have dropped from 6000 yuan/ton to 4500 yuan/ton. Among the influencing factors More often, if the price of cotton by-products cannot rise before the new cotton is weighed, it will directly affect the price of the local cotton enterprises. Article Keywords:  Cotton Cotton Enterprise
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