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Many Cotton Enterprises In Jiangsu Have Made It Clear That They Will Not Scale This Year.

2016/10/18 21:33:00 26

JiangsuCottonFabric Market

At this time, the weather in the Yangtze River and Huang Huai River Valley is getting cold every day. Even though the area of cotton planting is small, resources are scarce.

Fewer resources, haze weather and wait-and-see mood have made cotton purchase in the main cotton producing area of northern Jiangsu.

Processing enterprise

The doors and horses are sparse, and no one sells cotton.

"No new cotton has yet been received" is the current situation of many cotton enterprises in the region.

It is undeniable that the cotton planting area has been greatly reduced this year, and no sales volume has been formed. Many cotton enterprises in Jiangsu have clearly stated that "this year will not scale."

Not only cotton enterprises, but also farmers' brokers who have been collecting cotton and selling grain in previous years.

Of course, they did not take cotton as their main business, but they asked for food as well.

cotton

The result is that we can talk about the deal and let it go.

  

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"Over the past few years, the cotton harvest business is the weakest this year," said Lao Gu, who has been collecting cotton for more than ten years in the city.

In exchange with cotton farmers, it is known that because of too little cotton, there are few enterprises to purchase the scale, and both sides seem to wait and see what they are waiting for.

Some rural cadres and grass-roots agricultural technicians reflect that some elderly farmers have planted some cotton, although the total amount is not much, but they are always looking forward to buying a good price.

Some farmers said that cotton prices were higher than usual this year, which made people who grow cotton very excited.

But the price at the end of September and early October was 3.30-3.50 yuan / Jin, and then dropped down, only 3.40 yuan / Jin, but now there are signs of rising again.

Whether or not the cotton price goes high or low, it makes people feel a bit lost.

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Traders reflected that India's spot price and futures yarn CNF quotations rose slightly, and the price of imported yarn increased and port stocks continued to grow.

Up to now, the import yarn stock has increased to 70 thousand tons, an increase of 4 thousand tons compared with the late September.

Mainly concentrated in Guangzhou, Qingdao, Ningbo, Shanghai, Zhangjiagang, Tianjin and other ports.

The quantity of imported yarn in Qingdao port is about 20 thousand tons, up 4 thousand tons from half a month ago. The main source countries are India, Pakistan and Vietnam.

The quantity of imported yarn in Guangzhou port is about 13 thousand tons, 1 thousand tons higher than that before half month ago. The source countries and regions are mainly India, Indonesia, Vietnam, Pakistan, Uzbekistan, China Taiwan, the United States and so on.

The quantity of imported yarn in Zhangjiagang is about 15 thousand tons, 3 thousand tons less than half a month ago. The main source countries are India, Pakistan, Indonesia, Vietnam and Uzbekistan.

The quantity of imported yarn in Ningbo port was about 12 thousand tons, which changed little compared with half a month ago. The main source countries were India, Pakistan and Vietnam.

The number of imported yarn in Shanghai port is about 9 thousand tons, up 2 thousand tons from half a month ago. The main source countries are India, Pakistan and the United States.

The quantity of imported yarn in Tianjin port was about 1 thousand tons, which changed little compared with half a month ago.

In early October, the number of imported yarn imports increased and prices rose.

As of 15 days, traders C21S, C32S India, Pakistan yarn CNF price generally in 2.63-2.69 U.S. dollars / kg, 2.78-2.90 dollars / kg, rose 0.01-0.03 cents / kg.


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