Xinjiang Cottonseed Prices Fell Sharply 0.15-0.2 Yuan / Kg

Since late September, Xinjiang seed cotton picking has gradually entered the peak period, and the ginning factory has also made great efforts to grasp the acquisition and processing of seed cotton. However, in contrast to the "hot spot" of seed cotton sale, the price of cottonseed has dropped sharply 0.15-0.2 yuan / kg (less than 0.25 yuan per kilogram of cottonseed output price, and the price of cotton seed harvested below 1.7 yuan / kg) in a few months.

Bachu County, Mengaiti County, Kuche county and Akesu area processing hand picked cotton ginning factory said that the price of lint and cottonseed had been hit by two drops in recent years. According to the current buyer's quotation, the cotton processed and processed before October was transferred from the profit 300-400 yuan / ton to the production and sale flat or even lost 100-200 yuan / ton, and the seed cotton purchase became more and more cautious.

Accelerate the decline of cotton processing enterprises caught the following reasons: first, the lint processing gradually increased quantity, and the supply of cottonseed is more and more abundant, and compared with the old seeds, the new seeds are large in moisture and high in impurities, and the selling price is falling. In the two place, the environmental protection efforts in Xinjiang continue to increase, and the small oil plants and short staple factories that can not meet the standards of dust removal and other related equipment are not able to purchase and start. The three is the recent decline in international oil prices (a cumulative decline of over 4%), and the decline of cotton by-products such as cottonseed oil and cottonseed meal. Four, most of the small and medium-sized oil factories in the territory have not yet received loans from the Agricultural Development Bank and credit cooperatives, and the capital flows are generally tight. Cottonseed price

Extended reading

Xinjiang: high quality seed cotton purchase price is strong

As seed cotton has been listed on a large scale, the enthusiasm of cotton farmers has been greatly improved recently, and the purchase of seed cotton in Kashi, Xinjiang has been proceeding in an orderly way. After the national day, the price of seed cotton declined slightly due to the continued fall of futures prices. The price of good quality clothes of 44% or more remained stable at 5.80 yuan / kg, and the price of lint 40%-42% was 5.40 yuan / kg, which fell by 0.20-0.30 yuan / kg before the holiday, and the daily purchase volume was 100 tons left and right.

At the same time, the decline of futures prices exerts a certain resistance to the spot price quotations of cotton lint. In the southern Xinjiang, Kashi area picked up about 12400-13000 yuan / ton of new cotton (gross weight and strong warehouse), which dropped 600 yuan / ton compared with the pre holiday period.