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    Cotton Harvest / Sale And Price Monitoring Report In Mid September

    2014/10/10 15:41:00 28

    CottonPriceMonitoring Report

       First, Unginned cotton The harvest is slow and the weather is the main reason.

    By September 15th, the harvest rate of cotton seed in the whole country was 12.2%, slower than 1.7 percentage points in the same period last year. The harvest of the Yangtze River was 10%, slower than 12.5 percentage points in the same period last year; the Yellow River's harvesting schedule was 30.5%, faster than 8.3 percentage points in the same period last year, and the northwest collection was 1.4%, slower than 3.9 percentage points in the same period last year.

    The slow progress of harvesting in the Yangtze River and Northwest China is due to the late ripening of low calorie in the whole growth period. The rapid harvest in the Yellow River is due to drought leading to early maturing. However, it continued to rain for more than 10 days in mid 9 months, and the precipitation was 100~150. Affected by drought, the northern part of Xinjiang and most of the Yellow River began harvesting in late August.

    By September 15th, sporadic cotton products were sold all over the country. Sales progress For 0.2%, 0.7 percentage points slower than the same period last year. The progress of the Yangtze River sale is 0.8%, slower than the 1.7 percentage points of the same period last year. The progress of the Yellow River's sale is 0.1%, slower than the 0.6 percentage points of the same period last year, and the sale in Northwest China is slower than the 0.3 percentage points in the same period last year.

    Two, seed cotton prices opened lower, a significant decrease of over 20% over the same period last year.

    By September 15th, the price of seed cotton was 6.41 yuan / kg, down 21% compared with the same period last year (Table 3). The Yangtze River seed cotton price is 6 yuan / kg, a year-on-year reduction of 28.5%; the Yellow River seed cotton price 6.90 yuan / kg, down 15.5% compared to the same period; Northwest cotton seed price 6.30 yuan / kg, down 19.2% over the same period.

    Weighing time and other places Price In the late August, the eastern Xinjiang started to weigh in the first place, and the opening scale price was 8.60 yuan / kg, then dropped to 6.30 yuan / kg, a drop of 26.7%. Tianjin opened a scale of 6.80 yuan / kg and then dropped to 6.40 yuan / kg. The Yellow River's individual producing areas, such as Juye County, Shandong Province, were sold at the price of 8.40~8.60 yuan / kg in mid September. Judging from the weather, the early stage is generally low grade flowers or stiff petals, low lint percentage, dark color, and normal annual price should be low.


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