The purchase price of seed cotton in Tangshan City, Hebei Province rose slightly, the mainstream price rose from 3.13 yuan / jin the previous week to 3.15 yuan / jin, and the average daily purchase volume also rose from 40,000 to 50,000 kilograms the previous week to 50,000 to 60,000 kilograms. as follows:
First, the current acquisition of seed cotton has entered the last week. By the end of this month, the acquisition of seed cotton has basically ended, and the current sale of seed cotton has reached more than 90%;
Second, although cotton farmers do not recognize this year's prices, with the arrival of the end of the year, they can only choose to sell.
Twenty-third is that the current price of seed cotton is okay compared with the previous paragraph, and most cotton farmers are ready to sell it before the end of the year;
Twenty-fourth, cotton companies want to buy more seed cotton at the end of the purchase, mainly considering that the cotton output this year is lower than last year, and the planting area and seed cotton yield are both reduced.
The lint sales improved slightly, mainly reflected in the increase in lint sales. Last week, the cotton company sold 120 tons of lint, an increase of about 60 tons compared with the previous week. Its sales price was basically flat compared to the previous week, and white cotton was weak. Grade 3 is 12,900 yuan / ton, and white cotton is weak. Grade 1 is 12,000 yuan / ton. Cotton companies are not profitable, mainly withdrawing funds for the purchase of seed cotton. Although the sales of lint cotton have improved slightly, the current lint sales market is still in a weak trend. The next step is for cotton companies to focus on lint sales.
Last week, the price of cottonseed was 1.2 yuan per catty, down by 0.02 yuan per catty compared with the previous week. It is mainly because cotton companies are processing and selling while not hesitating to sell. It is expected that the price of cottonseeds will be steady and rising this week.
