The Price Of Long Staple Cotton Reaches 8.50 Yuan / Kg, And The Seed Cotton Market Is Gradually Warming Up.

Recently, long staple cotton has increased considerably. The price of quality long staple cotton in Awati County of Akesu has reached 8.50 yuan / kg (33% of clothing and 10% of moisture regain), up nearly 0.80 yuan / kg compared with the end of October.

Recently, the rise of long staple cotton has caused some speculation and even wait-and-see psychology in the market.

Recently, the weather in Xinjiang is cold, snowy and snowy, which affects the processing and sale of seed cotton to a large extent.

But cotton prices are rising in some areas, bringing some warmth to this cold winter.

In November 20th, a ginning factory in Akesu reflected that

Rose to 5.85-5.90 yuan / kg (lint 40%, moisture 10%), compared with yesterday continued to rise 0.02-0.04 yuan / kg.

Individual turnover reached 6 yuan / kg, and some seed cotton is already hot.

"The cotton ginning plant is full of effort and the cotton growers are well matched. When the situation is good, they can receive 50-60 Jin a day."

The head of the plant said that many cotton ginning factories recently seized seeds and cotton, resulting in a market congestion.

One of the main reasons is the recent increase in cotton seed market in Xinjiang.

In November 20th, Akesu, Kashi and other places.

The mainstream price 1.65-1.70 yuan / kg (gross seed oil 14%, moisture 11%), increased 0.05 yuan / kg compared with last Friday, especially according to the ginning factory, recently, many from the mainland's oil extraction plant, seed business to purchase cotton seeds with money, sales are very smooth.

"Cotton production is reduced by more than 35% this year, and cotton seeds are expected to be cut down substantially. Many oil mills are unable to sit up and hoard seeds."

A market source said that due to the accumulation of oil refineries and seed traders, the cottonseed rose in recent years and promoted the rise of seed cotton.

The two is some spot rises, and they are tight.

In November 20th, the 3128B pick up platform picked up a price of 13000 yuan / ton, and the 2128B class delivery price was 13300 yuan / ton, up 200 yuan / ton compared with last Friday.

According to the platform staff, the recent increase in freight volume and the expansion of railway pport are more than in October. Highway pportation is still the first choice for mainland enterprises this year. It is convenient and fast, and the price is relatively cost-effective.

Not only picking cotton, but also picking cotton.

On the same day, the boss of a ginning factory in Akesu said that the current pick-up price of the 3128 class cotton picking machine was 12400-12700 yuan / ton, which rose 300-400 yuan / ton compared with the end of October, and there were a lot of goods to go. Some spinning enterprises in Shandong and Jiangsu even had an order of tens of thousands of tons.

In contrast with fine cotton, the long staple cotton has increased considerably in recent years, and the quality of Akesu Awati county is superior.

It has reached 8.50 yuan / kg (lint 33%, moisture regain 10%), up nearly 0.80 yuan / kg compared with the end of October.

The market quality of long staple cotton is generally at 8.2-8.4 yuan / kg, and the seed cotton market is gradually warming up.

It is understood that the area of long staple cotton in Akesu is about 1 million 910 thousand mu this year, and the output is expected to be over 100 thousand tons. However, the demand for long staple cotton in China is between 8.0-8.5 tons per year, and the supply and demand are relatively loose.

Therefore, the recent rise in long staple cotton has caused some speculation and even wait-and-see psychology in the market.

One market person analysis: first, the current downstream fine yarn, high count yarn in the off-season, and the price "fall and fall", especially with long staple cotton as the main cotton yarn, the market is more optimistic, long staple cotton rising lack of consumption support, the way up can go far?

Two, the quality of domestic long staple cotton is poor this year, especially the 35-36mm of long staple.

A Jiangsu textile enterprise official said, in view of the quality problems of Xinjiang long staple cotton, many enterprises are using limited quotas to pass Pima cotton and Ji Zha cotton, which also brings pressure to Xinjiang's long staple cotton this year.