Hebei Jizhou: Logistics Recovery Limited Seed Cotton Acquisition Stop

In March 4th, the national cotton market monitoring system, Hebei Hengshui monitoring station, interviewed the perennial cotton growers in Jizhou District, Hengshui, on the current local epidemic prevention and control, seed cotton sale and cotton farmers' mentality, and found that the current rural areas still carry out strict testing of body temperature, logging information, and the prohibiting of external vehicles, resulting in seed cotton logistics interruption and acquisition work continued. Stop.

Although Jizhou District of Hengshui has been listed as a "low risk" area in the new crown pneumonia epidemic situation, the current epidemic prevention and control is mainly to prevent imported measures. However, under the strict and strict control measures, the cotton traders who bought in previous years must not be allowed to enter the village, and the local type 400 cotton enterprises have not yet started to purchase, because the cotton farmers can only keep the remaining cotton in their homes for sale. According to the cotton farmers surveyed, although cotton traders can not enter the village acquisition, they often communicate with cotton farmers about the price of seed cotton through mobile phones or WeChat. According to cotton farmers, the current cotton traders' purchase price for grade 3 seed cotton is 2.97-3.00 yuan / Jin, requiring a 39% lint percentage and 10% moisture regain. According to this standard, the price of linen is increased by 1% yuan per adjusted price 0.03-0.05 yuan / kg, and the current seed cotton price is down 0.25 yuan / Jin before the Spring Festival in 2020, down 0.15 yuan / Jin.

According to the analysis of the staff of the monitoring station, the current low seed cotton purchase quotation is absolutely related to the current fluctuation of Zheng cotton futures price. Although the situation of domestic epidemic prevention and control is improving, the new crown pneumonia has spread and spread all over the world, which is bound to have a great negative impact on the global economic development. Although the above seed cotton purchase price is not the final purchase price of cotton enterprises in Jizhou district after the end of the local epidemic, it reflects the current cotton traders' Reflection on the risk aversion of cotton enterprises. After all, the acquisition measures still depend on the cotton price trend of Zheng cotton futures in the future.