Most Cotton Processing Enterprises In The Territory Encountered Difficulties In Acquiring Capital Shortage.

After entering mid October, a large part of the territory

The processing enterprises encountered the problem of shortage of purchasing funds, and the purchase volume and purchase progress slowed down. In addition, most of the cotton growing areas in Northern Xinjiang were affected by low temperature, rainfall and snowfall.

On the one hand, the problem of "selling cotton is difficult" in the inner ginning factory is very prominent. Before the middle of October, the cost and price of lint cotton were upside down by 500-800 yuan / ton. In the past week, with the seed cotton, cottonseed and zhengmian disk falling sharply, the cotton spot spot in the territory dropped too much. Cotton's "upside down" did not improve at all, and the purchasing capital was heavily occupied.

Although the acquisition price of cotton seed in the territory dropped by 0.40-0.50 yuan per kilogram,

Spot and futures also fell sharply. The warning of high cost risk of cotton has not been lifted. Therefore, banks have asked for no adjustment in the ratio of self financing and the requirement of 5.40 yuan / kg purchase.

The takeover price of cotton harvester within the territory has been stabilized, and cotton farmers and cotton brokers are in a state of panic.

The operation of "catch up and fall" has been reduced. The gap between purchasing price from 6.20 yuan / kg to 6.70 yuan / kg is mainly caused by differences in moisture content, impurities and other indicators of seed cotton.

40 lint, less than 15% of the water purchase price 6.40-6.50 yuan / kg, less than 11% of the water seed cotton sale volume is very low, so the ginning plant generally give 6.60-6.70 yuan / kg price; southern Xinjiang cotton picking continues to weaken and decline, 19, 20, Jiashi, Yuepuhu, Bachu and other places 40, less than 13% cotton seed purchase price fell to 7.30-7.40 yuan / kg, compared with the previous few days, another reduction of 0.05-0.10 yuan / kg.

Industry analysis, on the one hand, this year, Kashi, Akesu and other places cotton grade inspection grade "31" level, the fracture strength, horse value and other indicators are lower than expected, lint quotes fell 600-800 yuan / ton compared with the first half of October; on the other hand, oil producers and Mainland middlemen continue to reduce the cotton seed sale price, 2.40 yuan / kg turnover has already pressure, because cottonseed centralized listing, the acquisition of the main body is relatively small, so the "buyer's market" outstanding.