At Present, The Upside Down Situation Of Lint Prices Is Becoming More And More Prominent.

By the end of September, most cotton areas in the southern part of Kashi, Akesu and Korla picked up cotton (40% lint, 13% of the water) purchase price 7.20-7.30 yuan / kg, raising the cost of each garment by 0.10 yuan / kg, the maximum price was 7.60 yuan / kg, but Akesu, Bachu and other places were few.

Once again snatch, 40% linen seed cotton purchase price of 7.40-7.45 yuan / kg, the highest reached 7.70-7.80 yuan / kg.

Because the purchase price of seed cotton is much higher than that of the ginning mill, the new cotton growth rate in 2016/17 is slow. In addition, the price of cottonseed purchased by oil plants and traders has stabilized and dropped. Therefore, some Southern cotton ginning enterprises gradually reduce or stop wait-and-see.

Brokers want to sell or offer a minimum price.

A cotton trader in Akesu said that since its opening in September 17th, it has acquired more than 500 tons.

At present, the purchase price of seed cotton (40% linen) has risen from 7.10 yuan / kg to 7.45 yuan / kg, and the purchase has been stopped on the afternoon of 28.

At present, the inverted price of lint is becoming more and more prominent, and cotton enterprises are at high risk.

It is calculated at 7.40 yuan / kg purchase price (40% lint, 13% moisture, cottonseed price 2.45-2.50 yuan / kg), 2128 (3128) direct cost is about 15700-15800 yuan / ton (gross weight), plus short turnover, regulatory fee and financial cost, the total cost of warehouse delivery is at least 16000-16200 yuan / ton, but at present, Kashi, Akesu and other places 2016/17 annual cotton price is only 15300-15500 yuan / ton, and the net loss of ginning factory is 500-700 yuan / ton.