Hebei Handan: Seed Cotton And Cottonseed Rose Slightly Confidence In The Market

In December 9th, the "double rise" phenomenon of seed cotton and cottonseed prices appeared in Handan market of Hebei, and aroused confidence in the market. With the "double festival" approaching, cotton was expected to usher in spring under the impetus of Xinjiang cotton storage and Zheng cotton.

9, the mainstream price of cottonseed in Handan area is 1.16-1.17 yuan / jin (13% of seed oil and 12% of moisture content), and the quality of individual seeds is better than that of cottonseed to 1.20 yuan / Jin, up 0.02 yuan / Jin from last Friday (6). According to the feedback from Jize, Quzhou County and other oil mills, the whole cottonseed line has rebounded, and some oil mills have been reluctant to sell more seeds.

According to the analysis, the reasons for cotton seed's rebound are as follows:

First, the cost of cottonseed to Xinjiang is higher. Up to December 9th, the main commodity price of cotton seeds in southern Xinjiang was 1.02-1.03 yuan / Jin, but the price to Hebei was as high as 1.23-1.25 yuan / Jin, and the weather was affected by the weather.

Second, the Handan ginning plant is under construction. At present, there are no more than 10 types of 400 cotton ginning plants in the local scale. There are no more than 10 factories in the 200 type factories, and these ginning plants are "fishing for two days in three days." the yield of cottonseed is very low, and some large scale oil refineries often complain that they don't have enough to eat.

Third, oil rebound. According to port dealers feedback, port soybean oil price quotations rose 50-100 yuan / ton, bringing good benefits to cotton oil.

Cottonseed rose at the same time, seed cotton prices also rose slightly. As of 9 days, the local cotton seed 3.1-3.2 yuan / jin (lint 41%, moisture regain 12%), compared with the 8 day price rose 0.02 yuan / Jin, compared with last Friday (6 days) rose about 0.05 yuan / Jin.

There are three main reasons for the rise of seed cotton: first, cotton seeds rise and seed cotton is good; secondly, according to the time node, every year during December to the Spring Festival, the cotton farmers sell their "good cotton" for sale. The quality of seed cotton has increased in recent years, and the market confidence has increased again.

At present, the sale of lint cotton is still relatively cold. The mainstream price of the three class real estate in Handan area is 13100 yuan / ton. The quality of the large bales cotton is 13300 yuan / ton, and the four class cotton price is 12700 yuan / ton, all of which are gross weight and delivery price.

To sum up, with the emergence and gradual accumulation of favorable market factors, the spring of the mainland cotton will not be far away, regardless of whether the ginning factory or dealers or traders will make the same.