Looking At The Profit Space Of Cotton From The Price Of Cottonseed
In recent years, the price of cottonseed has been rising, and its position in the cotton market is getting higher and higher. The new cotton scale is different this year. The price of seed cotton is uneven. But because of the high price of cotton seed, it plays a supporting role in the purchase price of new cotton, and its status is very important.
According to the formula of lint accounting cost, when the seed cotton purchase price is stable, the cotton seed price rises 0.1 yuan per catty, the lint cost is reduced by 300 yuan / ton; when the price of lint cotton is stable, the cotton seed price rises by 0.10 yuan per catty, the seed cotton price rises by about 0.06 yuan / Jin; when the cotton seed price is stable, seed cotton price rises 0.1 yuan / Jin, the lint rise is about 500 yuan / ton. It can be seen that small cottonseeds play a decisive role in balancing the price of seed cotton and lint.
Since the beginning of the new year, cotton seed price has been slightly adjusted, but it is still at a higher price, which is 0.15-0.25 yuan / kg higher than that of the same period last year. Among them, the cotton seed export price in Shandong area is 1.28-1.30 yuan / Jin, the export price of cottonseed in Hebei area is 1.28 yuan / Jin, the cotton seed export price in Hubei area is 1.21-1.25 yuan / Jin, and the export price of cottonseed in Henan area is 1.25 yuan / Jin.
Recently, the lint market has improved slightly, and the shipping speed of the market has accelerated. Among them, the three level lint factory price in Shandong area is 12300-12500 yuan / ton, up 100-300 yuan / ton before the holiday, and the three level lint factory price in Hebei area is 12400 yuan / ton, up 200 yuan / ton before the holiday. Seed cotton purchase prices also rose to varying degrees, up by 0.05-0.15 yuan / Jin. Among them, the seed cotton purchase price in Shandong area is 3.05-3.30 yuan / Jin, and the seed cotton purchase price in Hebei area is 3.10-3.15 yuan / Jin, up 0.05-0.15 yuan / Jin before the holiday; the seed cotton purchase price in Hubei area is 3.00-3.20 yuan / Jin, up by 0.05-0.10 yuan / Jin before the holiday.
The price of seed cotton is rising, cotton seed prices are running at a high level. Although lint cotton has risen, there are many external factors, most of which do not dare to bet on the lint market. In order to speed up capital turnover and increase seed cotton purchase, the cotton ginning plants in some areas should adhere to the business strategy of "quick purchase and quick sale", as soon as they start processing. In some areas, there is a plan to store cotton to keep up. Because of the serious reduction of seed cotton production in Hubei this year, the cotton mill in the city accelerated the purchase of seed cotton, and was optimistic about the future market of lint. However, in order to reduce the amount of loss, individual manufacturers actively sell cottonseeds after starting processing, not only have they recovered some of their funds, but also greatly reduced the psychological pressure of "hoarding cotton lint". The cotton mill has different views on lint's future market, but the uniform approach to cottonseed is high shipment to avoid risks. According to past experience, cottonseed prices will fall to varying degrees after seed cotton is listed on the market, and the advantage of less goods is the best stage of cottonseed shipment. Cottonseed has become one of the key factors for the profitability of cotton ginning plants.
Cottonseed is not a trivial cotton by-product. With the rising price of cottonseed and downstream cotton by-products, the oil and cotton processing industry has taken up half of the development of the cotton industry. Cottonseed is becoming an indispensable force to support the development of the cotton industry.
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