Tianjin Ninghe: Lint Price Down 1000; There Is Still A Price But No Market
Cotton market Peripheral negative factors continued, and ginning plants all over the country stopped working. Before Qingming Festival, Mianshi Bliss Frequent news: The State released the Interim Measures for Cotton in 2011 store up Plan, the temporary storage of lint is the lowest Price 19800 yuan/ton; A large textile enterprise in Shandong has lowered the purchase price of lint twice in a week, by 1000 to 1100 yuan/ton. At present, the purchase price of lint at Level 3 is 28000 yuan/ton (delivered, with ticket, weight and accounting period for two weeks, the same below), 27700 yuan/ton at Level 429, and 27200 yuan/ton at Level 427; The price of cottonseed in the main production areas dropped significantly, with a drop range of 0.05-0.10 yuan/jin within the week.
Stimulated by so many bad news, Tianjin Ninghe region Spot purchase and sale The factory quotation of Grade IV lint has been reduced from 28500-29000 yuan/ton last week to 27500-28000 yuan/ton, which is still in a state of price and no market. The price of seed cotton has been greatly reduced, but there are still a few willing buyers. The sporadic price of seed cotton from some manufacturers has dropped from 6.00 yuan/jin last week to 5.40 yuan/jin (Grade IV, uniform flower, clothing percentage 37%, moisture content 12%), down 0.60 yuan/jin. At present, cotton farmers are reluctant to accept this price and are reluctant to sell. However, ginning plants are not enthusiastic about purchasing, and they are worried that the prices of lint and cottonseed will continue to fall. The local market is in a state of anxiety, and it still takes time for the purchase and sales to be active.
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