Slow Sale Of Seed Cotton In South Xinjiang, Low Profit Of Lint Business
It is understood that due to the continuous low temperature and cloudy days since October 8th (southern part of the cotton area has slight frost in October 11th), Akesu, Korla, Kashi and other main cotton producing areas continue to slow down the process of seed cotton picking, picking and selling. As of October 12th, the picking rate of seed cotton in Sha ya, Kuche, Xinhe, Ke Ping and Awati in Akesu is about 30%-35%, and the picking rate of Korla is slightly lower than that of Akesu, Kashi.
Bachu
Mengaiti, Jiashi, Shache and other places picking up to 50%-60%.
The current seed cotton sale price is significantly lower than the cotton farmers' psychological price, and it is generally doubtful whether the "direct subsidy" policy can be put into place. In addition, the cotton enterprises have to raise the price of the cotton growers in order to catch up with the mid level flower raising prices, so the seed cotton sale rate in some areas is only 10%-15%.
Most cotton farmers sell small quantities of seed cotton for cash flow needs, otherwise they will not survive.
Now cotton farmers are hoarding cotton seeds at home and in the field. Because of poor ventilation and light conditions, some early flowers are moldy and discolored.
Judging from the survey, cotton farmers, cotton enterprises and cotton textile enterprises have a larger divergence in the purchase price of seed cotton.
October 11-12, cotton business in
Northern Xinjiang
The gross weight purchase price of mixed grade cotton purchased on the platform of the southern Xinjiang warehouse is 3128 yuan and 2128 yuan respectively, and the pick-up price is 13600-13800 yuan / ton, 14000-14200 yuan / ton, and the 2128 class delivery price is 14200-14400 yuan / ton.
Henan, Shandong, Jiangsu and Zhejiang and other places 2128 level quotation is 15300-15500 yuan / gross (gross weight), if the deduction of vehicle pportation cost, insurance premium, outgoing and warehousing expenses and other payments, the cotton business operator's profit is only 200-300 yuan / ton.
Some October 12th
Foreign businessman
The purchase price in Xinjiang (mixed grade cotton (2128, 3128)) is 13900 yuan / ton (equivalent to gross weight John 14200-14300 yuan / ton), the length of 27mm is reduced by 450 yuan / ton, and the length of 29mm is 100 yuan / ton.
Since the beginning of October, the purchase volume of the company has increased significantly, mainly due to the fact that the cotton enterprises in Northern Xinjiang bought and processed earlier to actively ship the goods in order to reduce risks, while the southern Xinjiang cotton enterprises did not have much interest in the price.
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