The Purchase Price Of New Cotton In Xinjiang Is Slightly Lower Than That In Last Year'S Lint Market.

The Xinjiang investigation team of the National Bureau of Statistics recently revealed that: International

With the market downturn and sluggish sales, the purchase price of Xinjiang seed cotton has dropped slightly this year. The initial purchase price is 7.6~7.9 yuan per kilogram, and then stabilized at 8.1~8.5 yuan, which is lower than 0.2~0.4 yuan per kilogram during the same period last year.

HUN China Feed Industry Information Network - based on feed and animal husbandry services

It is understood that this year

Cotton planting area reached 23 million 600 thousand mu, a new record high, an increase of 2 million 600 thousand mu compared with last year.

Through introducing new varieties and popularizing new technologies, cotton production and high yield in this year will be a foregone conclusion.

HUN China Feed Industry Information Network - based on feed and animal husbandry services

At present, the lint market has formed a national reserve price of 18600 yuan / ton, the spot market price of 19200 yuan / ton and the new cotton country's purchase and storage price of 20400 yuan / ton three pillars, because the spot market continues to slump, the lint market is basically not selling.

Cotton enterprises are mainly selling and storing at present.

Due to a slight reduction in the purchase price of seed cotton, the direct production cost of lint is nearly 20000 yuan / ton in the new year, and sales are slightly surplus in accordance with the purchase and storage price, but due to the fact that the overall market expectations are not optimistic, most enterprises feel the pressure of late stage is greater.

HUN China Feed Industry Information Network - based on feed and animal husbandry services

The survey shows that the cotton enterprises in the new cotton purchase this year are more rational and cautious. From acquisition to processing, they strictly adhere to the national standard and improve the quality of cotton purchasing and processing, so as to effectively resist market risks.

HUN China Feed Industry Information Network - based on feed and animal husbandry services

At present, the acquisition of new cotton in Xinjiang is developing smoothly.

Overcome by cotton enterprises

Weak and other unfavorable factors, multi-channel financing for the acquisition of new cotton purchase funds are relatively abundant.

In terms of acquisition progress, the cotton flowering rate is relatively high in the late growth stage of cotton this year, and seed cotton purchase and lint processing progress are faster than the same period last year.