Dezhou Seed Cotton Purchase Progress Accelerated &Nbsp; Grade Decline
In the past week, cotton prices in Dezhou, Shandong province have been basically stable. The purchase price of the four grade seed cotton is about 3.85 yuan / jin (38% lint, 13% of water content), and the price of cottonseed is 0.99 yuan / jin (up 8% to 10%).
Level three lint sale is quoted at 19400 yuan / ton (pick up, gross weight, and ticket), and the four class sale price is 18400 yuan / ton.
Cotton farmers are reluctant to sell near New Year's day and Spring Festival.
Psychology
The number of sales increased, the progress of local acquisitions was slightly accelerated, and the number of cotton enterprises purchasing 10-20 kilograms per day was less than 30%. Compared with the normal year, the acquisition rate was less than 30%.
Recently, the grade of seed cotton has been significantly reduced, with four or five grades, and the four level of public inspection is basically handed over to the State Reserve.
market
Sales are few.
The price of cotton yarn has stabilized in the past half a month, and the mainstream price of C32S pure cotton yarn is up to 26000 yuan / ton, but sales of cotton yarn are still unpleasant.
Many cotton enterprises believe that with the state's large collection and storage, high-grade leather on the market
Cotton crossing
The less Spring Festival is coming, textile enterprises need to replenishment. Before the Spring Festival, cotton prices are mainly stable, and they may increase slightly.
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