Xinjiang Cotton Association: New Cotton Purchase Steadily &Nbsp; Slow Sales Enterprises Worry

Pick

The volume of purchases continued to maintain a strong momentum.

According to investigation and statistics, at present, the cotton picking rate has reached over 70% in the whole state, and the progress is obviously higher than that of last year.

At the same time, with the gradual decline of market prices, in order to reduce the loss of prices, cotton producers in main producing areas have also speeded up the picking and selling process, and the average daily purchase quantity of seed cotton has been maintained at more than 10000 tons.

Price

Decline, the "eleven" since the whole state cotton seed purchase price has dropped slightly, the decline in 0.20-0.30 yuan / kg.

At present, the purchase price of cotton in Changji, Hutubi and Manasi is basically between 8.20 - 8.60 yuan / kg (37-40% of clothing and 12% below water), basically close to the reference price of seed cotton purchased by the state.

Economics

Weak and Europe and the United States debt crisis, textile consumption and cotton demand fell sharply, while labor costs rise, RMB appreciation, raw material price fluctuations and other factors also make the domestic textile industry difficult.

Affected by this, Changji lint sales sluggish, paction price declined slightly, has appeared production and marketing price upside down trend.

In addition to the sale of small amounts of cotton in some enterprises out of cage funds and reduced inventory, most enterprises are waiting to see it in order to avoid selling at a loss.

Up to now, the whole state only sells 7080 tons of new cotton, accounting for 18.2% of the total cotton processing, and the selling price is about 20300 yuan to 20800 yuan / ton, which is mainly exported to Henan, Shandong and Hubei.