Xinjiang: Cotton Enterprises Are Reluctant To Sell High-Grade Cotton

According to some cotton enterprises in the territory, the lint market is now divided. Cotton enterprises and cotton operators are selling cotton and low grade hand picked cotton (grade 3128 and below). Prices are generally as low as 12000-13000 yuan / ton (gross weight pickup, the same below), and the price of the warehouse in the southern Xinjiang is reduced to 12800-13100 yuan / ton.

The price of hand picked cotton at grade 2128 (level 2129) and class 1128 (grade 1129) is stable at 13500-13700 yuan tons. Some of the funds are relatively abundant, and the cotton enterprises that have paid back the bank loans in proportion to the price of 100-200 yuan are raised.

Asking price in Xinjiang,

Some cotton linen companies and cotton traders in lint said that, because more than 70% of the Xinjiang production and Construction Corps were machine picked cotton, although the "three silk" and "consistency" were superior to local cotton, other technical indicators of lint (fiber length, strength, horse value, impurities, etc.) were significantly weaker than hand picked cotton. In addition, Zhengzhou futures warehouse receipts were dominated by machine picked cotton, and the price of CF1505 contract 13000 yuan / ton had a greater impact on the spot market, so the focus of purchase was on the southern Xinjiang local hand.

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It is understood that in March, the enterprises purchasing lint cotton in Xinjiang were mainly "middleman", and there were not many real cotton mills. On the one hand, a certain amount of India cotton, Brazil cotton and the Yellow River River Basin real estate cotton had been settled, and the demand of some cotton enterprises was solved. On the other hand, the cooperation between cotton textile enterprises and cotton business enterprises was deepening day by day. Cotton enterprises were generally purchased from Xinjiang and pported directly to cotton mills. The funds were paid by cotton enterprises, and the accounts were usually one month or two months.

After the sale, the company pays interest to the cotton enterprises.

According to the distributors of agricultural commodities in Akesu, Bachu, Mengaiti and Shache, the phenomenon of farmers buying fertilizer, plastic film, seeds, pesticides and so on this year is more serious than in previous years. Taking into account the relevant state departments or the target price of cotton will be lowered and the national reserve stock reaches about 10000000 tons, most agricultural products companies adopt the way of "small quantities of goods, no credit or no cash."

Some dealers plan to withdraw the 2013 or 2014 agricultural credit, and then stop the operation or return to the mainland.

Recently, most villages and towns in Akesu have completed the auction of land contracts. Farmers have shown that the price of the package is reduced by 100-200 yuan / mu compared with 2013 and 2014. In addition to some of the better irrigation conditions and better farmland, farmers are actively contracting. The farmland with sand and water inconvenient is showing a racket. Farmers have higher enthusiasm for planting long staple cotton, spring wheat and planting red dates, tomatoes and capsicum on their plots.

Some township staff in the town of 2014/15 pointed out that because of the relatively large decrease in farmers' income in the year of 2014/15, the average subsidy per mu was less than 480 yuan per square meter, and the judgment of the difficulty of rising cotton prices in 2015, most of the farmers in the mainland did not return to South Xinjiang on time.