Shandong Dezhou Textile Enterprises Wait And See Cotton Prices

　 6, reporters learned from the cotton association of Dezhou, Shandong, from February 18th to April 5th, the purchase price of seed cotton in Dezhou went down all the way, falling from 6.30 yuan to 5.85 yuan / Jin, and the cotton industry chain was in a stalemate, and the purchase and sale basically stagnated.

Experts predict that seed cotton purchase will be extended for nearly a month this year, at the end of May. Cotton purchase and sale It will end.

In early April, Dezhou seed cotton purchase price has dropped from 6.30 yuan / Jin in mid February to 5.85 yuan / Jin. Because of the instability of cotton prices, textile enterprises and processing enterprises are facing difficulties. The price of lint fell to 28500 yuan / ton, processing enterprises were unwilling to buy seed cotton, and 32 pure cotton yarn was 37000 yuan / ton, which was 3000 yuan / ton lower than that before the Spring Festival, and the decline of yarn price caused the textile enterprises to stop buying cotton lint as well.

The price of lint and seed cotton fell all the way. Cotton market The chain is in an impasse, and the purchase and sale basically stagnate. According to the reporter, cotton processing enterprises basically stopped buying seed cotton in March and April. Up to now, some cotton growers have hoarding 20% seed cotton, and two cotton planting counties in Wucheng and Xiajin, and 25% to 30% seed cotton in the hands of cotton growers.

"From past years, the seed cotton purchase will be over by the end of April." Dezhou City Cotton Association The responsible person told reporters that in the early April, only 10% of cotton seeds were left in the hands of cotton farmers, but this year they had more than doubled or even more seed cotton. If the seed cotton was sold in the hands of cotton farmers in accordance with this stalemate, the processing enterprises could not get enough seed cotton, and the seed cotton purchase could not be over at the end of April.

In addition, according to the rule of past years, after the May 1, cotton purchase price will increase. As long as cotton price has a long trend, processing enterprises will dare to buy seed cotton. Meanwhile, cotton growers must seize the opportunity to sell seed cotton as early as possible. Cotton farmers do not have good storehouses to store seed cotton, and cotton grades are bad at a long time, so they can not sell anymore.

6, reporters learned from the Dezhou Cotton Association, the state from September 1st this year to March 31st next year to implement temporary cotton storage system, the lowest price of standard grade lint is set at 19800 yuan per ton, take an unlimited number of open storage, equivalent to this year's new cotton purchase has the lowest protective price.