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Xinjiang: Cotton Enterprises Actively Reserve &Nbsp, And The Market Is Difficult To Turn Around.

2011/11/3 11:07:00 9

Xinjiang Cotton Enterprises Actively Turn To The Stock Market

According to the manuscript, in November 1st, when the state's storage capacity was enlarged to 39100 tons,

Xinjiang

The reserves reached 98%, and only a few minutes had been fully collected in the southern Xinjiang, and the competition for storage and storage was very intense. The main reason was that since the late October, the spot price of lint in southern Xinjiang has been declining. In November, 1 and 2 days, the three grade cotton Akesu and Korla platform's public offering price had slipped to 20200-20300 yuan / ton, and the enterprises had also been operating.

offer

More, the mainland purchasing enterprises are few and far between; another reason is that since mid October, the purchase price of seed cotton has been substantially reduced in the southern Xinjiang, and the purchase price of the 40% cotton seed cotton basic purchase has at least 0.50-0.60 yuan / kg. According to the current price of seed cotton and cottonseed, cotton enterprises must have a certain price.

profit

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Therefore, recently, Korla, Akesu, some early prudent acquisition, control the purchase volume of the ginning factory recently full volume purchase, 40% clothing parts, 12% of the water seed cotton purchase price 8.70-8.80 yuan / kg.

Other enterprises that do not plan to go up in quantity and have low enthusiasm for storage are 40% garment basic purchasing price in 8.50-8.60 yuan / kg.

On November 1-2, some cotton enterprises in the Aksu West Bridge and the Shah in southern Xinjiang reflected that the grades and clothes of seed cotton sold by cotton growers and Cotton Traders decreased significantly, and the seed cotton ranks as "no three no four" increased, and the moisture content of seed cotton increased continuously. The moisture content of 12%, 13% or even more often appeared, and the proportion of impurities increased earlier. Therefore, although the purchase price of seed cotton dropped to around 8.60 yuan / kg, the current purchase price was equivalent to the price of 8.80-9.0 yuan / kg in the early stage if the clothing and water content were taken into consideration.

Some cotton enterprises have high enthusiasm for storage, and have not taken into consideration the decline in grades and the purchase price of cottonseeds. If the recent acquisition of seed cotton is processed into grade three or even a small quantity of grade four cotton, cotton enterprises will also lose money.

It is understood that on the 2 day, the purchase price of cotton seeds in Akesu dropped to 1.75-1.77 yuan / kg. Most of cotton seeds in ginning plants were not sold, and the procurement of oil plants was also cautious.

Xinjiang cotton enterprises are generally in the contradiction between pportation to the spot sale in the mainland or to the national reserve. From the price point of view, the cost of cotton grade three cotton in the early stage of purchasing cotton seeds is at least 20500 yuan / ton. At present, no matter whether the stock is paid, the futures or the spot sales are all losses, the enterprises are in a dilemma.

Some cotton enterprises said that the national storage and storage volume expanded to 62800 tons in 2 days, indicating the confidence and attitude of the strong national backing. If the storage capacity of the country reached 2 million tons or more this year, the cotton planting area in 2012 will decline. In addition, after May, the domestic and international economic recovery will be accelerated and the demand for cotton will be reduced. In 2012, the cotton market will have one or two rounds of market. However, enterprises should take full account of the accumulation of the cotton's financial, warehousing and other costs, and bet on the market's upward space.