Hebei Seed Cotton Purchase Completed 30% Textile Enterprises Demand For Cotton Is Still Weak.

Up to now, Hebei Cotton picking is coming to an end, but the takeover is only about 30%, much lower than the same period last year. In October 21st, most areas in Hebei were reduced to moderate rain. The temperature in key cotton areas such as Cangzhou, Baoding, Xingtai and Handan fell to 2-18 degrees Celsius, which made the cold cotton market even worse. On the same day, a 400 type enterprise in Baoding announced that it would stop collecting and when to start work to be determined. The chief executive said that the reason for the suspension was because the local market had "no price" and "no quality". According to introduction, in October 22nd, the cotton fields in Hebei province cleared up, and the mainstream purchase price of seed cotton was: 3 4.20-4.25 yuan / jin (37% lint, 15% moisture regain), 4 4.05-4.10 yuan / Jin, 5 3.70-3.75 yuan / Jin, cotton seed mainstream price 1.13 yuan / jin (10% oil, 18% water), according to wastage 2%, processing fee was 600 yuan / ton. If the storage is successful, gross profit is only 400-500 yuan / ton. If it can not be delivered, it will be sold at the market price, and the company will lose 700-800 yuan / ton. This year, the state receives strict storage conditions, and the success rate of business storage is not high.

Recently, the weather turned cool, a large number of "soft white flowers" listed, that is, cotton is not fully mature and picked air drying. cotton The fibers are not yet mature, with a level of less than 4. Coupled with the continuous rainfall in northern China in 8-9 months of this year, about 15% of the cotton fields in Hebei are located in central and southern Baoding, and 40% cotton fields have significantly reduced production. The number of stiff leaves and rain and rust cotton is over 30%. In the recent sale process of local cotton farmers, a large number of stiff cotton, rain and rust cotton, "soft white flowers" and "good cotton" were mixed together, sold according to "good cotton" price, enterprises received more and more compensation, and part of the 400 type enterprises suspended the purchase. As of October 22nd, about 20% enterprises in Hebei's cotton regions stopped collecting, and the enterprises that continued to purchase were cautious and cautious, with a daily purchase volume of 2-3 Jin Jin, and the progress was reduced by 1-2 Jin Jin compared with last Friday.

The first phase of the 112nd Canton Fair has ended. The number of overseas purchasing businessmen has dropped sharply compared with the previous two sessions, and many enterprises in Hebei have failed. According to past practice, October is autumn and winter. clothing Orders for the peak season, but the recent enterprise orders are still very few, and mostly old customers mainly small single short list, to the downstream market pressure. The yarn Market in Hebei is still in the cold market, the price is weak and stable, and the finished product inventory is at a 60-90 day high. Large enterprises above Designated Size maintain 70%-80% capacity, and more than 40% of small and medium enterprises stop production or reduce production, and demand for lint is relatively weak. At present, a 100 thousand spinning enterprise in Baoding has more than 1800 tons of raw materials, of which 300 tons are state-owned cotton stores and the rest are all cotton.