Jiangsu Rudong Lint Price Stabilized &Nbsp; Small Batch Pactions Mainly
Recently, Rudong County, Jiangsu province.
Lint price
Stable, May 23rd, 3 grade real estate cotton
Price
For 25000-25500 yuan / ton, weak 3 level.
Cotton production
The price is 24500-25000 yuan / ton, and the 3 grade Xinjiang cotton price is 27000-28000 yuan / ton, which is flat with last week. The atmosphere of turnover has improved, but the turnover is not large.
According to local textile enterprises, the current power restriction measures have little impact on local textile enterprises, and there is no production stopping phenomenon. Most of the lint stocks in spinning enterprises are in 1 weeks or so, with the use of buying and buying as the main products, while the cotton yarn stocks are large. In 1-2 months, there is a phenomenon of selling profits.
In addition, local dry weather this year, 40% of the field cotton seeding rate of 20-30% in the field, the emergence rate of replanted cotton is not good, while 60% of the pplanted cotton survived 70%, some cotton farmers replanted the remaining fields of corn or soybean.
- Related reading
Jiangsu: Cotton Seedling Transplanting Ends &Nbsp; Cotton Trade Appears Stalemate
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