New flowers have been open bolls, xinjiang spit LuFan area for failing to a wide range of mature period, only a minority of picked cotton collection, overall purchase quantity is not big.
A local cotton ginning mill this planned on August 16 open said acquisition, tentative price for 5.80 5.90 yuan/kg, such as cotton farmers to sell cotton actively, the purchase of about 30-32 tons a day, but because the price is not ideal, the farmers are all sellers, the market has a price no city. Local farmers, because of new cost listed at the beginning of the parties has not been completed, all waiting to see, the farmers also want to wait for the future market, expected to have a higher price.
The industry analysis, the current lint inventory is bigger, ginned cotton temporarily not out of stock market, coupled with state reserve cotton, cotton prices to rise.
On the cotton vice parts of xinjiang preliminary inventory cottonseed sporadic offer in 1800-1850 yuan/ton, cotton oil ex-factory price in 4300-4400 yuan/ton, 42% protein, cotton pulp ex-factory price in 1850-1900 yuan/ton, cotton linter less inventory, quality general sporadic offer in 2550-2650 yuan/ton, cotton shell ex-factory price is in 850-900 yuan/ton. Although the price of cotton seed at high level, but the by-product downstream cotton and cotton seed in the down state, if the new flowers, seeds will sharply with the downstream products market adjustment, cottonseed must cut prices.