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In 2013 Cotton Purchase And Storage Will Soon End.

2013/3/16 8:56:00 34

Cotton StorageCotton PriceCotton Market

"P > less than the end of this year's < a href=" http://cailiao.sjfzxm.com/Matertial/show/default.aspx "> national collection and storage < /a > recently, cotton processing enterprises in Hengshui and surrounding areas of Hebei province have gradually entered the stage of storage and storage. The purchase price and purchase quantity of seed cotton have been decreasing gradually, and the local spot sales are in a low state and the volume is shrinking.

In another 12 trading days, the state procurement and storage of 2012/13 will be officially concluded.

In view of the current market situation of poor spot sales, local cotton enterprises, as soon as possible, processed cotton stocks as soon as possible, and sent them to inspection, group approval and warehousing as soon as possible. On the other hand, they gradually reduced the purchase price and purchase quantity of seed cotton, so as to catch up with the end of March.

As for whether to buy seed cotton again after the end of the storage, we should make further decisions based on the development of the future Zheng cotton futures and the matching market.

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< p > 14 days, local weak 3 grade seed cotton (lint rate of 37% or so, moisture regain 9%) acquisition price 4.20 yuan / Jin, 4 seed cotton (lint percentage 36%) acquisition price 4.00-4.03 yuan / Jin, flower price 3.93-3.95 yuan / Jin, compared with the same period last week dropped by 0.05-0.07 yuan / Jin; 5 grade (lint rate 35%) 3.60 yuan / Jin, compared with the same period last week dropped by 0.03-0.05 yuan / Jin.

Due to the high risk of the 5 grade lint storage, the local cotton mill has basically bought a low grade cotton despite its offer.

While cotton prices lowered their purchase prices, they also reduced the number of acquisitions.

Recently, local cotton enterprises bought more than 3-5 kilograms a day, and the number of acquisitions was halved compared to the same period last week.

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< p > 14 days, the local a href= "//www.sjfzxm.com" > cottonseed sale < /a > price is basically 1.25 yuan / kg, compared with the same period last week dropped 0.03 yuan / Jin.

According to the wastage rate of 2% and acquisition processing cost of 600 yuan / ton, the cost of 4 grade lint is 18500 yuan / ton.

It is no longer meaningful to calculate the storage profit at this time. First, the quantity of seed cotton purchased at this price is extremely limited. Two, the current cotton purchase is mainly used to replenish the quantity of cotton bags that meet the requirements of storage and storage, so as to fully deliver the storage and avoid default.

At the same time, the local cotton enterprises will not meet the requirements of the storage specifications, so they will be the top priority of the work.

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< p > > at present, < a href= "//www.sjfzxm.com/news/" > spinning enterprise < /a > buying cotton is facing various choices. First, there is a stable state dumping. Two, this year's import quota for cotton is just around the corner, and three of the real estate cotton is added, so at this stage, local and surrounding textile enterprises are not active in purchasing real estate cotton.

In view of this, local cotton enterprises have stepped up their marketing efforts, or even voluntarily reduced sales promotions, with a view to releasing cotton stocks as soon as possible.

On the 14 day, local weak 3 grade storage failed or no real estate cotton sale quotes 19300 yuan / ton (delivery price, gross weight settlement, with the same ticket), 4 level 18800 yuan / ton, 5 level 17200 yuan / ton, all decreased 200 yuan / ton compared with the same period last week, but the paction is limited, the promotion effect of the enterprise is not obvious.

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