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Hebei Jizhou Cotton Prices Again Fell Slightly &Nbsp; Seed Cotton Purchase Price Stability.

2011/5/25 15:14:00 85

Recently, the spot sale price of real estate cotton in Jizhou, Hebei has again dropped slightly. However, the volume of market volume has not been matched. At the same time, the purchase price of seed cotton has been stabilized in the city, and the number of cotton plants purchased is quite similar to that of last week.

Constrained by the repeated prohibition of high energy consuming industries, the high price of electricity and coal and the shortage of water and electricity generated by the severe drought in the south, the large area of electricity shortage has arrived ahead of schedule in the summer peak period. The 10 provincial power grids, such as Beijing, Tianjin, Tangshan, Hebei, Shanghai, Jiangsu, Zhejiang, Anhui, Hunan, Henan, Jiangxi and Chongqing, will have a shortage of electricity supply and demand, and the electricity gap will be expected to reach 3000~4000 kilowatts.

The early arrival of the electricity shortage led to an increase in the phenomenon of power rationing in all parts of the country, and it has brought disaster to the textile enterprises which partly used cotton in Jiangsu and Zhejiang provinces, and their production of spinning, weaving and clothing had been restricted.

In addition, since March this year,

Textile industry

The overall sales of finished products are sluggish, inventory backlog is serious, and the capital flow of enterprises is extremely slowing down. So far, the financial strained situation has not been effectively improved, and to a great extent, it affects the cotton market of the city that has just been sold.

In addition, recently, the Intercontinental Exchange (ICE) multi profit opening trading increased, and the drag period price went down. The price of electronic disk on 20 and 23 days of zhengmian futures and Beijing's national cotton exchange market was also constrained by the short price, which forced the cotton merchants and cotton enterprises to reduce the selling price of real estate cotton again, with a view to increasing sales volume and reducing the financial pressure of bank repayment.

24, the city's cotton merchants 3 Estate

Cotton pin

The offer price is 25000 yuan / ton (delivery price, net weight settlement, with the same ticket), weak 3 level 24700 yuan / ton, 4 class 23600 yuan / ton, five grade 22800 yuan / ton, all lower than 100 yuan / ton on this Monday (23).

This is the real estate cotton sales price has been stable for nearly a week since 16 days after a slight decline.

On the 24 day, the 2 grade Xinjiang cotton price quoted 28500 yuan / ton (the delivery price, the original code sheet settlement, the same below), the three grade Xinjiang cotton 27800 yuan / ton, compared with 20 days (up last weekend), it rose 300 yuan / ton, was equal to the 23 day; four grade Xinjiang cotton 26500 yuan / ton, was equal to the 20 day.

Real estate cotton

Although sales prices have dropped, they have not driven up sales volume. The tight funds of textile enterprises insist on buying and selling with them.

24, the seed cotton purchase price of the city has remained stable since 9 this month, with a very small number of low grade 3 high-grade seed cotton prices ranging from 5 to 5.10 yuan / Jin. The mainstream 4 grade seed cotton is 4.80 yuan / Jin, and the flower price is 4.60 yuan / Jin, 5 yuan 4.50 yuan / Jin.

24, the sale price of cottonseed in the city was 1.45 yuan / Jin, unchanged from 20, and the number of acquisitions did not change.

According to the estimate of linen percentage 37%, 36%, 35% and attrition rate 2% and cost 600 yuan / ton, the cost price of the soft 3 hard 4 grade, 4 grade and 5 grade cotton made by the acquisition process is 23200 yuan / ton, 22000 yuan / ton, 22000 yuan / ton respectively.

If a batch of lint is processed and sold at the current price, the cotton plant will have a profit of 1000 yuan / ton.

However, due to the unclear direction of the spot market, the city insists that the cotton mills that they purchase insist on buying without authorization. Although cotton growers have reluctantly recognized the current price, there is still a difficulty in selling cotton.