New Year Cotton Market: Rising Prices Of Cotton Seeds In The Mainland Are Changing Rapidly.

With the passage of time, the picking quantity of new cotton increased further, but the scale was uneven. In some areas, the flower mill was actively buying. Most manufacturers remained cautious and wait for no action. The market mentality is uneven, and the cotton market is different in the new year. The specific analysis is as follows:

The price of open scale is lower than that of previous years.

The scale of the year is a little late, and the price of opening scales is lower than that of previous years. More than 2.90-3.00 yuan / Jin has been around, which has dropped by 0.45-0.75 yuan / Jin compared with the same period last year. By the middle of September, the quantity of seeds and cottonseeds increased further in some places, and the volume of listing in some parts of the country increased by leaps and bounds. Some of the Jinning plants actively entering the market increased their purchasing power, and the purchase amount of seed cotton was more than 2-10 Jin Jin. Among them, Hebei seed cotton purchase price to 3.00-3.10 yuan / jin (lint 39-40%, moisture 16-18%), compared with the beginning of the scale rose 0.05-0.10 yuan / Jin, Shandong area purchase price to 3.00-3.20 yuan / jin (lint 38-40%, moisture below 15%), compared with the beginning of the purchase price rose 0.01-0.15 yuan / Jin; Hubei area purchase price to 3 yuan / jin (37-39%, water 17-18%), part of the region than the beginning of the scale of price rise 0.10 yuan / Jin.

External support strength varies and business mode presents.

The reserve price of cotton has been good in recent days. The transaction price is on the rise. In September 10th, the 3128B price of cotton reserves was 13204 yuan / ton, of which Xinjiang cotton was sold at a price of 13555 yuan / ton, and the price of real estate cotton was reduced by 12871 yuan / ton. Zhengzhou cotton futures still showed a steady rebound this week, and the CF2001 contract of zhengmian main force was adjusted between 12910-12995 yuan / ton this morning in the morning of September 10th. The periphery is more profitable, supporting the spot market, and the demand for lint has improved slightly, but the price increase is more difficult. The price of new lint is stable in all parts of the country. Among them, the factory price of three grade lint cotton in Hebei area is 12000 yuan / ton (gross weight and no ticket), and the output price of new grade lint of grade four in Shandong is 12200 yuan / ton (gross weight and ticket). In order to avoid risk, the Hebei and Shandong ginning plants will speed up the capital turnover. After the purchase of the seed cotton, it starts as soon as possible, and insists on the strategy of "quick purchase and fast sale". Hubei cotton ginning factory overlooks cotton and waits. Some manufacturers are not offering quotations for lint. Some manufacturers plan to start after the national day. They all have the mentality of "raw material acquisition and storage of products waiting to rise". The different business models of "hoarding cotton for growth" and "quick purchase and quick sale" have become a notable feature of the cotton market in the north and south of the country this year.

Compared with the same period in previous years, the scale and purchase volume were still low. Due to the difficulty in improving cotton market in recent years, some cotton ginning factories have completely retired from the big stage of cotton market. Most of the ginning plants are cautious to wait and see, and are eager to wait for the market to be relatively stable before entering the market.