Hebei Jizhou Cotton Prices Rose Slightly &Nbsp; Cotton Business Confidence Has Been Restored.

Cotton storage

Sales quotas also increased significantly, of which grade 2 Xinjiang cotton price 29500 yuan / ton (delivery price, original code sheet settlement, the same below), three level Xinjiang cotton 28700 yuan / ton, four level Xinjiang cotton 27500 yuan / ton, all increased 300~500 yuan / ton compared with 1 days, up 200 yuan / ton compared with 2 days.

At present, textile raw material inventory has not been effectively replenish and inventory is facing bottom for a long time. Recently, textile enterprises were limited to yarn and cloth finished products sales, and there was no obvious improvement and limited funds. Basically, they continued to adopt the strategy of buying and using, but the buying rhythm and frequency increased more than in late May, so local market volume increased slightly.

Since May 20th, Zheng cotton futures and electronic matching cotton prices have maintained a continuous rise, providing psychological support for local cotton traders, together with a slight increase in the spot price volume in recent years. Cotton business psychology has experienced a process of reincarnation from the extreme panic before mid May to the recovery of confidence now. Some cotton traders have slowed down the pace of spot sales, and some radical activists have even had a reluctant sale mentality.

Seed cotton purchase

The price is weak 3 grade 5.15 to 5.20 yuan / Jin, 4 seed cotton 4.95 yuan / Jin, flower 4.80 yuan / Jin, 5 4.70 yuan / Jin, 2 yuan rise 0.05 yuan / Jin.

Recently, the price of seed cotton continues to rise, stimulating the cotton growers in the local cotton store to speed up the sale of seed cotton. The daily purchasing amount of cotton mills has increased from about 30 thousand kg at the end of May to about 150 thousand jin, and the number of acquisitions has increased significantly.

On the 3 day, the sales price of local cottonseed was 1.56 yuan / Jin, up 0.08 yuan / Jin compared with the same period last week, rising 0.01 yuan / Jin compared with 2.

According to the percentage of linen percentage 36.5%, 36%, 35%, and attrition rate 2%, the cost is 600 yuan / ton, the cost of the 3 grade, 4 grade and 5 grade lint cotton bought and processed is 23800 yuan / ton, 22730 yuan / ton, 22150 yuan / ton.