Hebei Cotton: The Market Is Light And Cotton Enterprises Are Struggling.

Recently, the cotton picking rate in Hebei province was about 90%, and the sale was only 30%.

Cotton farmers are still waiting to be sold.

Each cotton area is deserted. There are few cotton shops on the road, and cotton enterprises are very few, which are quite different from those of previous years.

According to a cotton trader in Hejian, the quality of seed cotton in Hebei is poor, the quantity is small and the price is high this year. The 400 type enterprises are strict in the quality of the cotton they receive, and any one index is unqualified and resolutely rejected.

The gap between cotton farmers and cotton farmers is rather large. Cotton farmers are rather reluctant to sell, and many of them hold the attitude of "better to rot at home than to sell at low prices".

In October 24th, the mainstream purchase price of local 3 grade seed cotton was 4.15-4.20 yuan / jin (lint 37%, moisture regain below 13%). The 4 grade quoted price was 4.05-4.10 yuan / jin (36% of lint, 13% below moisture regain), and the total cost was 3.90-3.95 yuan / jin (the score of clothing 36%, moisture regain 13% below), all were equal to 23 days.

However, according to the 400 type enterprises, the quality of seed cotton is generally low this year. In addition, when the weather turns cold, a large number of new flower fibers are not yet mature. In order to protect the quality of lint processing, enterprises are going to buy cotton seeds in Xinjiang. The price is 8.5-8.60 yuan / kg, after long-distance pportation, the cost is as high as 9.20-9.40 yuan / kg.

At present, the cost of 329 grade lint cotton mixed with seed cotton and real estate seed cotton in Xinjiang is 20000-20100 yuan / ton, 428 level is 19700 yuan / ton, 427 level 19350 yuan / ton, and the storage profit is very limited, at 200-300 yuan / ton.

Type 400 enterprises have high cost inventories, tight capital turnover and reduced processing capacity. If downstream consumption can not get warmer, the delisting enterprises will continue to increase.

At present, the 200 small factories in the province or the low-end market, or the "acquisition station" of the storage enterprises, only 10% of the 200 enterprises that are booting up by the state.

And the impact of market weakness predicts that next year there will be fewer.

This week, the price of 4 cotton lint in the province was 17700 yuan / ton (pick up, gross weight, take the ticket, the same below), 5 level 16700 yuan / ton, keep stable.

The sale target of small cotton is mainly small and medium sized cotton mill in the province. At present, the start-up rate of small cotton mill is only about 40%, and the purchase and sale of small cotton bags is very cold.