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Hebei Baoding Continued To Fall &Nbsp; Seed Cotton Acquisition Continued.

2011/5/18 9:27:00 79

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Baoding Down Acquisition

May 17th

cotton

Another drop of 200 yuan / ton is really a big loss.

17, a certain Baoding, Hebei.

enterprise

The person in charge said.

It is understood that after May 1, Baoding lint prices continued to decline, down 3000 yuan / ton, so that the original cost of high enterprises face a substantial loss.

The person in charge of the company said that most of the cotton in their business was bought and processed in 3-4 months.

cost

Generally higher, the current price difference reached 2500-3500 yuan / ton, according to the current trend of loss is a foregone conclusion.

It is understood that the Baoding lint market on that day is: the price of the three class bales is 24500 yuan / ton (gross weight, with votes, from the same below), weak three level 24200 yuan / ton, four level 24000 yuan / ton, five level 23100 yuan / ton, all lower than yesterday's 200 yuan / ton, compared with from May 9th to 13th fell by 1000 yuan / ton.

According to local enterprises feedback, before May 1, local

Lint price

In the 28000 yuan / ton (level three) line, only ten days to drop to 3500 yuan / ton.

Today, the cost of lint cotton is more than 27000-28000 yuan per ton, and large losses are inevitable.

The growth of corporate panic is mostly on cotton.

At the same time, the purchase price of seed cotton was greatly reduced. On the same day, the local three level seed cotton price was 4.75 yuan / jin (38% of lint, 8% of moisture regain), four level 4.70 yuan / jin (the same as above), the total flower 4.65-4.70 yuan / Jin, fell 0.05 yuan / Jin compared with yesterday, down 0.20 yuan / Jin compared with from May 9th to 13th.

The cost of lint now processed is relatively low, and the weak three grade lint is 21700-22000 yuan / ton line, four level 21000 yuan / ton line.

Because of the low cost, the majority of seed cotton acquisitions in processing enterprises are still continuing.

Buy

The amount is maintained at 2000-3000 Jin a day.

The sale of cotton seed cotton in Baoding has been completed by about 85%, which is obviously slower than last year.

The main reason for cotton storage in cotton growers is that the price fluctuates fiercely and cotton farmers are at a loss.

Cotton farmers in the hands of cotton weak four and four level, accounting for 70%, a small number of weak three, three is almost no.

With the falling price of seed cotton, some cotton growers have voluntarily lowered the expected value of seed cotton sales price, but the price is still higher than the current price. It is generally hoped that seed cotton can be sold to 5.50 yuan / Jin, but some cotton farmers go along with the market.