Xinjiang's Takeu Seed Cotton Purchase Price Dropped &Nbsp, The Market Panic Aggravated.

Recently, in the Xinjiang low temperature The weather is finally over, which is very beneficial to seed cotton purchasing and processing, especially in part. install It is very advantageous for cotton drying enterprises to control lint moisture. enterprise Take advantage of the fine weather and seize the time to process.

It is understood that the cotton seed prices fluctuate under the influence of instability, the local seed cotton purchase offer also fell, as of December 13th, the local seed cotton price is 4.12 yuan / kg (40% of lint, water 13%, impurities 1.8%), compared with 12 days down 0.03 yuan / Jin.

The reason for the analysis is that the price of cottonseed is unstable, and the prices of downstream manufacturers are up and down one day, and the price of cottonseed has dropped. The cost of cotton enterprises has increased, resulting in a panic in the market. Two, the spot market is still not showing signs of improvement. The price of textile mills is still lower than that of national cotton reserves. Therefore, some enterprises have already closed down the market to stop risks, and even a small number of enterprises are afraid to make money even if they want to buy them. It is also reported that the local cotton seed price was 0.80 yuan / kg, cotton oil 6700 yuan / ton, cottonseed meal 1200 yuan / ton, but the price of short staple fell 4200 yuan / ton, down 300 yuan / ton compared with last week.