Sheyang County Cotton Association: Cotton Sales Increased Slightly In August.

Affected by new cotton picking and listing in Xinjiang and other places, the national "2011 cotton temporary storage and purchase plan" is about to be implemented, the critical point of cotton production close to production and the market price of cotton in recent years has stabilized and so on. In August, the cotton sales volume of Sheyang cotton enterprises has been enlarged and sales progress has been speeded up. According to the County Cotton Association survey, more than 900 tons of lint were sold this month, equivalent to the cumulative sales of 2~7 months in 6 months. By the end of 8, the county's total sales progress was 93.57%, an increase of 2.64 percentage points from the end of 7.

But because of Cotton in stock The grade is mainly based on 4 levels, and the sales situation and sales price of textile enterprises have not improved significantly, resulting in the sales price of cotton continuing to decline. The average sales price of the county level 429 is about 18500 yuan per ton, and a small 329 level is only 20000 yuan. The average price of the standard grade 19500 is 19500 yuan, which is 3000 yuan lower than that of July.

By the end of 8, there were still more than 2200 tons of commercial cotton stocks in the county. Sales quotations Analysis, before the new cotton market in the county (from the current weather conditions and cotton growth analysis, is expected to be in late September to early October, can gradually enter the picking, compared with the normal year to postpone the 10 days or so, the enterprise opens the scale acquisition time, may be placed after the National Day), it is still very difficult to end. However, in order to raise the loan reserve funds for new cotton purchase, the bank is increasing the effort to reclaim the loan from the cotton storage pledge, which will further increase the repayment pressure of the enterprises. The enterprises also take into account the recent increase in cotton prices, but the magnitude is small, and the value-added part is not enough to balance the cost of hoarding, and in itself. Storehouse cotton goods The level is not too high. Once the new cotton comes into the market, sales and sales will shrink.

Therefore, knowing the losses, we have to push hard to clear up the warehouse as soon as possible.