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The Price Of Long Staple Cotton Has Been Oscillating.

2015/6/12 12:52:00 37

Long Staple CottonPriceMarket Quotation

There is a saying in shopping malls that long plates will fall. The price of long staple cotton has been oscillating since mid May, and regional quotas have declined. In June 10th, a grade 137 long staple cotton factory in Akesu, Xinjiang, offered a price of 28000 yuan / ton (public inspection and delivery price), 237 grade 27100 yuan / ton, and the price dropped by 100 yuan / ton compared with June 4th. A person in charge of a ginning plant in Akesu said that at present, their factory stock of more than 1300 tons, has completed 75% of the total output, but sales obviously slowed down, and in the near future basically did not see the mainland Cotton Traders and textile enterprises procurement personnel, some ginning plants began to panic.

According to Xinjiang agricultural department staff, recently, the weather in southern Xinjiang is good, cotton enters the sixth, seventh true leaf stage, the plant height is generally 20-30 cm, some cotton seedlings have buds, the number of buds is 2-3 / plants, and the growth rate is good to 6-7 / plants. Long staple cotton is growing better than last year. Now a generation of Helicoverpa armigera and aphids have occurred. Cotton farmers have strengthened field management and insect pests are basically under control. It is estimated that the yield per unit length of long staple cotton is 300-320 kg / mu. If there is no natural disasters such as hail and continuous rain in the later stage, the yield per unit of long staple cotton is expected to be 8-10% higher than that in 2014.

   Long-staple cotton The bad news that is expected to increase production is pressing the gin plant step by step. Awati In 2014, the production of long staple cotton in Xinjiang has reached more than 65 thousand tons. If there is no accident, the total output of long staple cotton is likely to reach more than 100 thousand tons this year. "If this is the case, a large stockpile can now throw a stone into its own feet." The official said, so far, the sale of Awati long staple cotton is extremely uneven. Sales progress Faster enterprises have completed more than 90%, while slower enterprises only finish 30-50%, and there are 3000-4000 tons of long staple cotton stocks in individual enterprises.

A cotton merchant in Shandong said that the long staple cotton in Jining and Weifang was relatively unmarketable recently. In June 10th, the 137 grade regiment produced long staple cotton out of the warehouse price of 28500 yuan / ton, 237 level 27600 yuan / ton, but the local production of long staple cotton 137 level was 28200-28300 yuan / ton, 237 27200-27300 yuan / ton, 337 26100 yuan / ton, compared with the 2 day fell by 26100 yuan / ton.

It is understood that in the past week, a cotton trader has only two batches of 210 tons of long staple cotton in Shandong, which is unthinkable in the past. According to him, at present, their company has about 3000 tons of long staple cotton, the main level is 137, 237, 337, 336, and there are some lower level, but not many. But the long sale of cotton has already increased their psychological pressure. According to him, at present, according to the new cotton market, there are only 4 months left. The latter will definitely slow down the procurement progress of Chen cotton.


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