资讯 1 10 英文网 283 Cotton News 575989 Xinjiang seed cotton price fell 2017-11-24 09:04:53 yangfang
Home  >>  News  >>  Cotton News
Xinjiang seed cotton price fell
2017-11-24

Recently, the prices of Xinjiang seed cotton have fallen, and it is only 6.80 Yuan/ kg in some areas. At the moment, some enterprises have purchased more than ten thousand tons of seed cotton, and the enterprises have slowed down the purchase progress of seed cotton. They only accept the seed cotton sent by some old customers, and they do not accept that of the new customer temporarily.  

 

According to the person in charge of a cotton enterprise in Xinjiang, the price of seed cotton is down. On the one hand, the sales progress of Xinjiang lint cotton is slow, and cotton seeds and cotton prices fall, on the other hand, the quality is obviously reduced. At present, the price of cotton seeds is 0.83 Yuan/jin, and the downstream purchasing is obviously inactive. The capital pressure of enterprises is obviously increased, so the seed cotton purchase has to be slowed down. The enterprise said that, at present, the sale price of the leather cotton was 15900-16100 Yuan/ ton, and after the price fell, only enquiry increased, and the actual transaction was less. 

 

In the early stage of the purchasing of Xinjiang cotton enterprise, they were afraid that they could not purchase cotton seeds, so they raised the prices. The highest purchase price was 7.60 Yuan/kg, and the lint cotton cost was about 16350 Yuan/ton. The price of the lint cotton in the prior period was 16,500 Yuan/ton, and the cotton enterprises had a profit of 100-200 Yuan/ ton. As the sales of lint cotton are weak, the sales progress is not good enough, and the high-cost lint cotton is sold at the current price of 16,000Yuan/ton, with a loss of about 300 Yuan/ton. With the close of the round out of the reserve cotton in 2018, the pressure on the sales of lint will continue to increase.