Recently, the progress of picking up long-staple cotton has been accelerated, and the enthusiasm of cotton farmers for sale has been high. The ginning factory has also opened up for acquisition and even grabbed, and the price of seed cotton is still high. However, the downstream enterprises are slow to purchase, and the long-staple cotton may once again have a poor upstream and downstream situation.
According to the introduction of cotton farmers in Awati County, Xinhe County and Kuche, as of November 7, the long-staple cotton has been harvested more than half, and the progress of the fine-staple cotton is directly pursued. Since the long-staple cotton is all hand-picked, the cotton farmers will not hesitate to hire the flower picker at a high price of 3.5 yuan/kg to speed up the picking rhythm. It is expected that the harvest will be completed in late November.
At present, the ginning factory has a high enthusiasm for the acquisition of long-staple cotton. The price of seed cotton is maintained at 9.2-9.4 yuan/kg (32-33% of clothing), which is not much changed compared with the previous trading day. Specific strength, horse value and other indicators are more stringent. A person in charge of a factory said that the factory requires a long-staple cotton of more than 36 mm and a breaking specific strength of 38-39 cN/tex. However, this year's long-staple cotton is of good quality and can basically reach the target. It is understood that this year's long-staple cotton yield is 250-260 kg / mu, basically the same as last year.
With a yield of 260 kg/mu and a unit price of 9.4 yuan/kg, the cotton farmers' income is 2609.4=2444 yuan/mu. Excluding picking flowers, agricultural materials and other costs, plus target price subsidies, the net profit of cotton farmers is 700-800. Yuan/mu, significantly higher than fine cotton.
However, according to the feedback of the ginning factory, the recent sales of long-staple cotton are not ideal, and many factories have a serious inventory backlog. According to a factory in Aksu, the factory has processed more than 5,000 tons of long-staple cotton. Due to the processing needs, workers are required to pick three wires. According to the purchase price, the cost of long-staple cotton is 26,500-26,700 yuan/ton, 137 grade long-staple cotton. The sales price is 27,000 yuan / ton (gross weight settlement), and it is difficult for downstream enterprises to accept this price. Since November, the price of the mainland long-staple cotton Chenmian 137 is 25,500 yuan / ton, and the 237 is 25,100 yuan / ton, which is significantly lower than the new cotton price.
Many companies said that due to the recent market of fine-staple cotton, it also brought great pressure to long-staple cotton enterprises. On the 7th, the person in charge of a factory in Awati said: "It is planned to slow down the acquisition and processing rhythm of long-staple cotton, and decide whether to speed up the rhythm after the market is clear or downstream centralized procurement."
Recently, the downstream yarns have turned from dark to bright, especially the price of high-quality combed yarns has also dropped slightly, giving upstream raw materials no small pressure; plus fine cotton wool to expand the decline, especially Zheng cotton futures are mostly below 15,000 yuan / ton low Interval volatility has greatly frustrated market confidence. In this context, can long-staple cotton be able to stand alone? China Cotton Network continues to report for you.
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