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Juye, Shandong: The Purchase Price Is 5.8 Yuan / Jin &Nbsp; Cotton Farmers And Cotton Enterprises Are In A Stalemate.

2010/12/3 9:51:00 82

Buy Cotton Farmers And Cotton Enterprises

at present

Shandong

Heze Juye 3.5 grade seed cotton (lint percentage 40%, moisture 12%) purchase price 5.8 yuan / Jin, equivalent to lint costs 23900 yuan / ton (excluding processing fees).

Less than 5.8 yuan cotton farmers refused to sell, higher than 5.8 yuan / Jin processing enterprises believe that there is risk, dare not buy.

At present, there is no cotton trader's purchase, which is sold by cotton farmers themselves.

The processing plant with a large quantity of purchase can only receive 1-2 Jin Jin a day.

Cotton grower

The cotton mills are basically in a stalemate.

It is estimated that local cotton seed purchases account for about 25% of output.

Basically, each cotton plant has 100-200 tons.

lint

The average cost of inventory is about 27500/ tons.

Local 429 class real estate cotton (public inspection, gross weight, the same below) delivery price of 26800 yuan / ton, compared with last week dropped 500 yuan / ton.

Xinjiang grade 329 lint 28500 yuan / ton, down 800 yuan / ton compared with last week.

According to the author's investigation, almost every factory in Yuncheng textile enterprise in Heze has 20 days to 1 months' cotton stocks, and 10%-20%'s textile enterprise stock can be used in April 2011; and 10%-20%'s textile enterprises can only use 10-20 days of cotton inventory, which is more prudent in the current cotton market, and buys with them; the remaining 60% of the textile enterprises have 1-2 months of cotton stocks.

The scale of textile enterprises in Yuncheng is 1-3 million spindles. At present, the stock of cotton yarn is generally 50-200 tons. Some have not sold cotton yarn for nearly half a month, and the working capital is under great pressure.

In December 1st, a high price of 32 cotton yarn was quoted at 39000 yuan / ton.