Hebei Wuqiao Cotton Processing Enterprises Increasingly Differentiated

Hebei Wuqiao Cotton planting area is more than 200 thousand mu per year. Local cotton farmers have a good tradition of planting cotton, ranging from manual workshops to large scale processing enterprises. 40% farmers are rich by cotton. Affected by the fluctuation of cotton prices, the processing enterprises in Wuqiao county are seriously divided this year. Almost all 200 enterprises are out of the market, and it is estimated that these enterprises are around 150. About 1/5 of these enterprises have been transformed into 400 enterprises, and the rest have abandoned cotton. Buy Processing. At present, there are more than 30 enterprises that have acquired processing qualification, all of them are 400 type enterprises, but these enterprises also have a great division in this year's acquisition process, of which only 10 enterprises maintain normal takeover. The rest of the enterprises are in the half stop and half stop state. With the change of cotton market potential, the local processing enterprises are expected to survive no more than 20.

According to local enterprises, in December 13th, the local 3 grade lint price was quoted at 19600 yuan / ton (pick up, gross weight, with the same ticket), 4 level 18700 yuan / ton, weak 4 level 18100 yuan / ton, all unchanged from yesterday. Seed cotton quotes are: 3 level 4.15 yuan / jin (38% of lint, 13% below moisture regain), weak 3 level 3.95 yuan / jin (the same as above), 4 level 3.85 yuan / jin (same as above), are unchanged from yesterday.

It is understood that recently, the local lint began to sell, mainly Spin The expansion of enterprise demand, however, has a premise that it is keen on high-grade cotton, but basically ignores low-grade cotton. On the day of 12 -13, about 5 enterprises in the locals sold less than 3 grade cotton, and the lower quality cotton simply did not sell at all. The lint situation affects the seed cotton, and the processing enterprises tend to buy Cotton with weak grade 3 or more during the acquisition process, while the lower quality cotton will continue to suppress the price.