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South Xinjiang cotton enterprises sprint to grab the frost period flowers are gradually listed

by:Chengyi     2021-03-15
It is understood that the purchase price of seed cotton in most cotton areas of South Xinjiang Shache, Megaiti, Bachu and Aksu has risen slightly since November 5, and the purchase price of seed cotton (40% lint, moisture within 13%) has risen on the 10th. To 7.30-7.50 yuan/kg, some cotton-related enterprises that contracted processing plants or leased production lines increased their purchases by 0.03-0.05 yuan/kg, and the phenomenon of increasing prices and rushing to collect was repeated in some areas.   In November, the color grade and quality of the seed cotton declined. The ginning plant started to grab the harvest in order to achieve the minimum quantity and reduce the acquisition cost. Recently, the main contract of Zhengzhou Futures continued to consolidate above 15,300 yuan/ton, and opportunities for high-grade hand-picked cotton hedging appeared. While ginners sold at high futures, they accelerated their acquisitions. In addition, some cotton wool customers from Sichuan, Henan, Chongqing, Hubei and other places have flocked to Kashgar and Aksu cotton areas to inquire and purchase. The market is showing signs of active prosperity. In addition, the replenishment work of textile enterprises in mainland China is about to start, and bulk commodities continue to rebound. The expectation is strong, and it is not surprising that the ginning plant is rushing to collect. From November 8 to 10, the cottonseed transaction price in Bachu, Aksu and other places stabilized at 2.50-2.53 yuan/kg (a few manufacturers have a transaction price of about 2.55 yuan/kg, but it is not representative), but it is affected by crude oil, soybean oil, The impact of soybean, corn and other agricultural futures prices peaking and falling, the purchase of oil plants and lint mills has slowed down compared with the previous period. With the launch of Gaiding Peach and Frost Flower, the maturity of cottonseed has declined and the oil yield has declined, and oil plants have been more cautious in purchasing.  According to the calculation of the ginning factory, as of mid-November, the cotton seed cotton picking progress in Kashgar is 80%-85%, and the processing progress is 65-70%. Cotton farmers and cotton brokers hardly stock seed cotton. The flower picking progress in Aksu cotton area is also over 75%, and the quantity of low-grade seed cotton on the market has increased, and the processing progress is about 65%. It is expected that the flower picking work will be completed around November 25 in southern Xinjiang, and most ginning plants will finish processing before mid-December. Article Keywords:  Xinjiang Cotton
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