The Harvest Of Hubei Xiantao Seed Cotton Basically Ended &Nbsp, And The Spinning Enterprises Were In Poor Condition.

2011/11/26 16:57:00 16

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In November 24th, Hubei Baiyin cotton industry information center staff

Xiantao

During the visit, I learned that up to now, the local cotton picking has basically been completed, and cotton farmers have sowed rape, and the acquisition work is coming to an end. The 4 grade seed cotton

Purchasing price

For 3.9-4.0 yuan / jin (lint 37-38%, moisture less than 13%), local 75% of the 400 cotton processing enterprises are ready to store, some of which do not meet the storage conditions of the 200 enterprises because of the market situation is cold and anxious.

recoup funds

Carry out warehouse receipt pledge.

When interviewed by a local textile enterprise, the Information Center learned that the spinning enterprise is one of the few high-end textile fabrics and high-grade yarn dyed fabric manufacturers in China, which are integrated with spinning, weaving, dyeing and finishing capabilities. It is affected by factors such as macroeconomic policies and European debt crisis. The current rate is only 70% this year.

Order

Compared with the same period of last year, the growth of medium and large bills was significantly reduced, and lint and yarn stocks were relatively small, but there was no intention to make up the library.

Speaking of the cotton market outlook, the person in charge of the company said it was not optimistic. Although the national reserve price of 19800 yuan / ton was supported, the output of domestic cotton was 7 million tons, plus 1% tariff quota of 894 thousand tons, according to the calculation of 2 million tons of storage this year. There will still be a situation of oversupply. It is expected that there will be no marked improvement in the market next year.