Latest Cotton Prices In Hubei, Jiangxi And Tianjin In November 24, 2012

November 24, 2012

Recently, cotton pickers in Zhijiang cotton belt of Hubei came to an end, and local cotton growers began to calculate their economic accounts.

The cotton planting period is as long as 8 months. In the case of pesticide, fertilizer and labor costs rising, next year do not need to grow so many cotton fields. From the local cotton farmers, it is learned that the cost of cotton planting is as high as 800 yuan per mu this year, the output is about 550 Jin / mu, the average price is 4.1 yuan / Jin, the labor cost is reduced, the profit per mu is about 1200 yuan, the planting cycle is longer, and the management is rather troublesome. Most of the cotton growers mostly say that they will grow less cotton and grow grain crops.

The seven sisters of the Seven Star Station has planted 16 mu of land this year, picking and selling over 8000 Jin (and a few hundred pounds of tail flowers have not yet been picked). Xu sister lives near a 400 cotton business, and every time the cotton is picked up is sold to the factory, and the price is higher than 0.1-0.15 yuan / Jin.

Early flower four level can sell to 4.3-4.35 yuan / Jin, lint 39 or so, moisture 13.

But in the middle term, cotton could not meet the standard of grade four, and the selling price was 4.18 yuan / Jin, especially after the later stage, the quality of cotton was too poor, cotton enterprises refused to sell, and sold to Cotton Traders less than 4 yuan / Jin, and she plans to reduce half the area next year, only 8 mu of land.

Cotton price trend in Jiangling County of Hubei in November 24, 2012

The purchase of local cotton seed in Jiangling County of Hubei is about 80%, and the purchase amount is not large now. Only 20% of the small factories are in operation.

At present, seed cotton purchase price is 4.2 yuan / jin (39-40 of lint, 12 of water), and the price of cottonseed is 1 yuan / Jin.

November 24, 2012 Jiangxi Jiujiang area

Jiangxi Jiujiang cotton seed purchase six or seven, four grade sawtooth seed cotton purchase price 4.23 yuan / jin (lint 38-39, moisture 12), cotton seed price 1.07 yuan / Jin, good four grade saw tooth lint market quotation 18600-18700 yuan / ton (net weight without ticket), good four grade roller cotton market quotation of 17600-17800 yuan / ton (net weight without ticket), with the weather cooling, seed cotton moisture increased, cotton enterprises purchase quantity reduced, some cotton enterprises reflect this year cotton is difficult to do, earn no money, plus not enough bank interest, so some cotton enterprises continue to stop purchasing processing.

Latest cotton prices in Tianjin in November 24, 2012

Recently, sales of lint market in Tianjin were weak, and sales of various varieties were not strong.

The overstock phenomenon is obvious.

In November 22nd, local SM5/32 US cotton quotes 19800 yuan / ton, which is basically the same as last week.

According to the relevant person in charge of a trade enterprise, lint sales are in a very awkward situation at present. The factory has 3000 tons of cotton storage, mainly based on Xinjiang cotton, real estate cotton and American cotton.

Among them, the purchase time of Xinjiang cotton and real estate cotton is earlier, the cost is much higher than the market quotation, almost in the state of stop sale, and there is a 800-1000 ton between the American cotton store, the enterprise has strong price intention, and the overall sales of the market is still sluggish.

Tianjin free trade zone outside cotton stocks in about 15000 tons, mainly in Australia cotton.

Since the quota of cotton for almost all textile enterprises is almost exhausted, if the price advantage of cotton is not obvious through direct payment of 40% customs clearance, and with the expected warming of the enterprises in the future, the strategy of buying and using will be adopted. However, due to the good quality of Australian cotton and the lack of three silk and other impurities, there is still a certain market demand.