Cotton Business In The Past Year Is On The Rise, And Cotton Market Is Showing Stronger Confidence.

Xiaobian, starting from 9, visited 4 cotton enterprises in Bachu, Mengaiti, Shache and Yuepuhu for 4 days. During the Spring Festival, many enterprises began to stop processing at the end of December. After that, the surplus seed cotton was reprocessed later. Some enterprises with surplus seed cotton had to finish processing at least in March.

It is understood that the current hand pick cotton double 28 class offer 14400 yuan / ton (gross weight), many enterprises said that because of the annual holiday, the plan 15-18 will stop the quotation, on the one hand, because of the Spring Festival holiday, most workers have come home from holiday, plans to restart after the festival sales; on the one hand, some enterprises are optimistic about the future market situation, in March, there will be a wave of procurement, Zheng cotton futures prices will hit 14500-15000 yuan / ton, so now began to hoard a portion of lint up. However, enterprises do not have a large number of stockpiling, about 20-30%.

In addition to the price of lint cotton, the cottonseed market has been more expensive recently. The main reason is that many cottonseeds have been sold out, while some enterprises have planned to squeeze some of their supply plans for sale after the year. At present, the price is 2.2 yuan / kg, or even up to 2.3 yuan / kg. The part of the ginning mill thinks that it is not impossible to break through 2.3-2.4 yuan / kg after the year.