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Chaohu: Cotton Pplanting Postponed &Nbsp; Lint Buying And Selling Remained Cold.

2011/5/18 9:20:00 75

Recently, Chaohu, Anhui

Seed cotton purchase

After finishing, the ginning plant has basically been shut down.

cotton

Sowing has entered the stage of pplanting, but the local weather is not good enough to affect the pplanting of cotton. It is estimated that the local cotton planting will be delayed in 2011 than in previous years.

The local lint delivery rate is very slow. At present, the four grade lint price is concentrated at 24000 yuan / ton, and the price is 500 yuan / ton lower than that in May 15th. It is reported that some local large cotton gin manufacturers have more than 2000 tons of lint inventory, and the cost is more than 28000 yuan / ton.

Price

To calculate, the loss of manufacturers is very serious, but in order to withdraw part of the funds, some goods must be sold at a loss, but at present, apart from a few fixed customers, there are a lot of lint purchases.

Textile enterprises

There is generally no need for replenishment, so local

Purchase and sale of lint

The atmosphere was very cold.

It is understood that the majority of local cotton enterprises stop reporting prices, holding a wait-and-see attitude, the local cotton enterprises responsible person said, now their factory also stocks 500 tons of lint, at present, the heart is very anxious, the price is higher than the basic price can not sell, even the asking price is not, reported low loss too much, really do not know how to do it, and the key is cotton future market is not clear which direction to develop, he said that although Zheng cotton futures in recent days after the continuous decline, there are signs of stabilization, but the situation of cotton lint almost no one in the current situation is still let most cotton enterprises feel uneasy.

For the head of the market, the official believes that the current yarn market is still sluggish sales, a large number of textile mill inventory products occupy most of the funds of enterprises. In view of the current inventory situation of textile enterprises, digestion of these stocks also needs a period of time, at least one to a month and a half cotton demand is still difficult to effectively boost, so the short term cotton purchase and sale market is difficult to immediately warm up, will continue the downturn pattern, but the price will gradually stabilize.