The Price Of Cotton In The Yellow River River Basin Is Also Useless.

As of November 22nd, Shandong seed cotton sale progress 55-60%, started 400 cotton enterprises less, 200 type cotton enterprises also because of profit space is squeezed, purchase enthusiasm is not high.

Shandong Binzhou, Dezhou and other places seed cotton to the factory price (type 400) 3.75-3.88 yuan / jin (lint 40% and above, regain 10%), compared with yesterday.

Hebei Cangzhou, Baoding and other places seed cotton to the factory price 3.65-3.75 yuan / jin (lint 39%, moisture regain about 12%), affected by the weather, the current seed cotton purchase all suspended.

Recently, the weather in the Yellow River river basin is mostly fine, but the purchase and sale of cotton is not good.

In most parts of Hebei and Shandong, rain and snow, and a wide range of cooling, all cotton trading is suspended.

At present,

Most cotton enterprises sell 3128 class bales of cotton at 15400-15500 yuan / ton (gross weight, self mentioning, including tax), and the sale price of 3 grade small packages is 15000-15100 yuan / ton, all of which are unchanged from yesterday.

According to cotton enterprises, recent sales progress is not good, inventory is rising.

During this time, the machine picked cotton and hand picked cotton from Xinjiang were welcomed by the textile enterprises.

In November 21st, the "double 29" hand picked cotton Shandong Ji'nan warehouse delivery price of 16300-16400 yuan / ton, 3128 level machine picked cotton 16000 yuan / ton, the price fluctuated little.

In addition, cottonseed continued to decline slightly, and there was no market price.

Hebei Cangzhou cotton seed mainstream price 1.48-1.50 yuan / jin (wool seed oil 11%, moisture 12%), compared with yesterday fell 0.01 yuan / Jin; Shandong Xiajin, Wucheng and other places cotton seed to the factory price 1.55-1.58 yuan / Jin, a slight decline of 0.02 yuan / Jin.

In recent years, cotton enterprises have not started construction, and cottonseed yield is low; some of the 200 types are

The quality of cottonseed declined, and in November 21st, the weather in the the Yellow River valley was bad, the rain and snow were falling, the vehicles were hard to run, and the cotton seed trade was interrupted.

According to feedback, cotton prices in the the Yellow River River Basin showed two trends in late November: first,

Acquisitions accelerated.

"When the weather clears up, we must hurry to sell cotton."

Many cotton farmers said that as the weather turned cold, cotton farmers also went to the slack season, most of them began to sell cotton; second, spot sales were accelerated.

According to feedback from cotton merchants and textile mills, many enterprises will soon face the situation of "no rice pot". Everyone is beginning to search cotton everywhere, ask for prices and see goods. It is estimated that by the end of November or early December, a wave of replenishment will be launched.

"If it's not for the weather, spot sales should be good."

In November 21st, a 400 type cotton enterprise official in Cangzhou, Hebei said that in recent days, cotton enterprises were constantly watching goods and their purchasing intentions were strong. It was expected that the weather would clear up or pick up the goods.