Hebei Jizhou: Seed Cotton Price Flat Operation Speed Again Slow Down

Recently, the purchase price of seed cotton in Hengshui, Hebei has been running smoothly, and the sale speed of seed cotton has slowed down again last week.

In January 2nd, the purchase price of local 3 grade seed cotton was 3.10-3.20 yuan / Jin, requiring the linen rate of 38% and the moisture regain rate of 10%. According to this standard, the linen percentage of each increase or decrease is 1% yuan, corresponding adjustment of 0.05-0.07 yuan / kg, down by 0.25-0.30 yuan / Jin.

Combined with the previous purchase price data of seed cotton, the price of local seed cotton has been "plain and uneventful" in the past one and a half months, and there has been no big change.

It is understood that as of January 2nd, cotton cotton farmers in the year of 2018/19 cotton sold 28500 kg of seed cotton, the proportion of sales reached 73.08%, an increase of 1.03%, an increase of 1.44% compared to last week's annulus growth rate, indicating that the cotton seed sale rate has slowed down again this week.

The reason why the cotton seed sale slowed down again is the following two reasons: first, the local cotton seed purchase price is high before and after this year, and the loss of the 400 type enterprises that have been processed by seed cotton is already a foregone conclusion. Therefore, a lot of cotton enterprises are still not optimistic about the cotton business this year. This year, the enterprises have never been interested in the acquisition of processed cotton seeds, and most of them have been in a state of decline; the cotton enterprises that have acquired the processing have to slow down the progress so as to observe the cotton market changes before and after the Spring Festival; two, the cotton enterprises in the purchasing and processing state have adjusted the work focus before the Spring Festival, and have been pferred from the acquisition, processing, inspection and sales work to urge the payment.

At the beginning of this year, although enterprises sell lint mainly by cash in cash, some customers who have long term strategic cooperation and good credit are still selling cotton in a rolling way, that is, to pay the last wave of cotton for the next wave of cotton, so as to maintain the relationship between the two parties.

When the Spring Festival is coming, the cotton enterprises have to speed up the efforts to urge the goods, to soothe the mood of the shareholders or partners of the cotton enterprises.