Hubei Tianmen Seed Cotton Purchase Is Active &Nbsp; Buyers And Sellers Explore Each Other.

December 6-7, Hubei Tianmen, Qianjiang, Xiantao and other places 3 seed cotton purchase price in 5.4-5.6 yuan / jin (lint 36-37%, moisture 13-15%), 4 seed cotton price in 5.0-5.3 yuan / Jin, than the end of November rose 0.2-0.3 yuan / Jin, part of the early purchase stopped part of cotton enterprises began to purchase, processing links also active.

The reasons for the recovery of the market are as follows. Zheng cotton Futures, electronic matching disk continued to rebound, market sentiment waits, cotton enterprises once again began to compete for limited seed cotton resources; two, cotton prices rose sharply in the past week, SM, M port net weight pick up price reached 27800-28000 yuan / ton and 27600-27800 yuan / ton, basically with the move to the mainland Xinjiang cotton quotation is consistent, higher than Hubei real estate cotton, cotton enterprises before the Spring Festival cotton price rebounded to 30000 yuan / ton of strong expectations.

At present, the progress of seed cotton processing in Tianmen, Qianjiang, Xiantao and other places is about 70%. Cotton trader There is still a small amount of high-grade seed cotton in hand, and the grade of seed cotton is reduced by cotton farmers, and the moisture content is generally over 15%. Due to the large reduction in production, most cotton enterprises bought more than 30% cotton seeds in the same period last year. Most of the 400 type enterprises have only 800-1500 tons of lint processing, and few enterprises are expected to produce 2000 tons of processing capacity.

In early November, Zheng cotton and electronic matching main contract broke through 33000 yuan / ton in the situation, many enterprises in Tianmen area have hedged. In recent days, with the CF1101 rebounding to 28000 yuan / ton, and some cotton enterprises are interested in hedging, but because of the 4 and 5 grades of cotton lint in hand, only 30-40% cotton can generate futures and electronic matching warehouse receipts, and the rest is still mainly in spot sales.

Generally speaking, the cotton spot market in Tianmen and surrounding areas is still in a mild thaw period. Although the inquiry prices of cotton enterprises in Jiangsu and Zhejiang are increasing, the price difference between the quoted price and cotton prices is generally 800 yuan / ton, and the spot trading volume is still small.

Recently, Xinjiang cotton arrived at the local warehouse, mainly in the mainland cotton enterprises in Xinjiang. Acquisition processing The 3 grade cotton is mainly, and there are a small number of 4 grade cotton, and the 2 and 3 grade cotton shifting libraries of the corps and autonomous region cotton and hemp are not many. 7 days, Tianmen, Qianjiang and other places 3 grade Xinjiang local cotton transaction price at 27500-28200 yuan / ton (public, with tickets).