The Maximum Purchase Price Of Long Staple Cotton Seed Cotton Reaches 12.80-13.00 Yuan/Kg

According to the survey, from October 1 to 8, the price of long staple cotton in Awati region rose sharply again due to the sufficient purchase funds, plus the lease from the mainland to Xinjiang, the rush to collect from the contracting enterprises and the intervention of some speculative funds. On October 8, the maximum purchase price of long staple cotton seed cotton reached 12.80-13.00 yuan/kg.

According to the industry analysis, on the one hand, the cotton related enterprises in the mainland and cotton processing plants in Xinjiang generally believe that the area of long staple cotton has declined seriously this year after investigation. In addition to the impact of strong winds, heavy rainfall and drought in May and August, some institutions predict that the total output of long staple cotton in Awati will be about 40000 tons this year, and the situation of "shortage of supply and demand" in China in the medium and long term will occur; On the other hand, fine staple cotton, supported by the state's collection and storage, is both the base price and the highest price in the current market for cotton enterprises. Recently, various cotton enterprises, agricultural development bank and credit cooperatives and other loan banks have imposed "price limits" on fine staple cottonseed cotton. However, long staple cotton is neither in the collection and storage nor in the "price limit" measures, so some enterprises and cotton farmers Cotton vendors have the idea of "no ceiling".

According to the textile enterprises spinning high count yarn in the mainland, in the first ten days of October, after customs clearance at the main ports of the United States PIMA Level 2 1-7/16 and Egypt GIZA86 and GIZA88 in China, the RMB quotation was 28400-28500 yuan/ton, 26300-26350 yuan/ton and 28100-28200 yuan/ton respectively, while the Xinjiang long staple cotton secondary mainland market quotation was about 31500 yuan/ton, even if the transfer cost of the general trade cotton import quota was included, The price of domestic long staple cotton also has no advantage.

At present, the processing cost of the purchased long staple cotton has reached about 35000 yuan/ton, which is significantly "upside down" with the market quotation, and the price difference with the imported long staple cotton of the same level has reached more than 4000 yuan/ton (including quota fees). Shandong and Anhui large cotton mills said that from the perspective of yarn prices and market expectations, the acceptable price of secondary long staple cotton in the first half of 2014 was less than 33000 yuan/ton, otherwise they would rather adjust the product structure than risk spinning more than 80 high count yarns.