How Long Does The Stalemate Of "Buyers Refuse To Buy, And The Ginning Factory Does Not Want To Sell"?
Since late October, several foreign regulatory libraries have been "standard".
Hand picking cotton
The delivery price is only 14600 yuan / ton (the buyer of the outbound library is responsible). According to the standard of "discount premium" formulated by the buyers, some cotton ginning factories in Akesu indicated that the "2129B" cotton accounting was lower than the market 100-200 yuan / ton, so the spot market showed the stalemate of "buyers unwilling to buy, and the ginning plants reluctant to sell".
22-24 October, within the territory
Unginned cotton
The purchasing price continues to oscillate, and the progress of the sale of cotton growers and cotton producers has accelerated.
On the 24 day, the purchase price of hand picked cotton (40% lint and 13% water content) in Kashi, Mengaiti, Bachu and Akesu, including Sha ya, Kuche and krank, was 7.20-7.30 yuan / kg.
Some manufacturers purchased the "uniform price" of 7.30 yuan per kilogram, regardless of their lint percentage and quality. As the mid term flower test linen is generally at 41-42% or even higher, the actual purchase price converted to 40% lint is below 7.15 yuan / kg.
Processing in Kuitun, Shihezi and other places
Machine picked cotton
The ginning factory reflected that the purchase price of seed cotton showed a slight downward trend. Although the purchase price of machine picked cotton (40% lint and 15% of water content) was still at 6.30-6.40 yuan / kg (the price of 6.20 yuan / kg of Tacheng and bole appeared), but considering the frequent rainfall and low-temperature weather in recent years, the rolling mills increased the moisture detection of cotton seed picking water, and the operation of water grading, miscellaneous deduction and grading of farmers were becoming more and more common.
At present, although Akesu, Bachu, Korla and other regulatory libraries "double 29" and "double 28" hand picking cotton prices offer about 15600-15800 yuan / ton (gross weight), but the buyer's willingness to accept is only 15200-15400 yuan / ton, and taking into account the contract of Zheng cotton has not yet stabilized, the mainland textile enterprises still have a certain amount of reserve cotton and imported cotton stocks for digestion, plus the price of the standard grade cotton is 14800 yuan / ton (equivalent to gross weight of about 15200 yuan / ton), which has a significant impact on local cotton prices and ginning plants. Therefore, the mainland cotton traders and textile mills have a strong mood of sitting on the wall and are not rushing to get goods in the market.
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