Cotton Market Is Becoming More And More Strong. Cotton Lint Is Stagnant.

The year January is about to end, less than a week before the Spring Festival.

In the Yellow River basin, Shandong, Henan and Hebei have been closed for many days. Only in some areas, cotton enterprises have finished processing orders, and a small amount of lint has been sold.

According to the survey, the Spring Festival is approaching, and some textile mills have been closed down for a long time, and the cotton padded warehouse has been basically closed. For some time, the lint market has been rising due to the replenishment of the pre holiday period. Recently, lint shipments have been stagnant.

Among them, Shandong seed cotton purchase price is maintained at 3.30-3.60 yuan / jin (lint 38-40%, moisture 10-15%), because of the uneven quality, the price difference is bigger, many places have no price status; Southwest Shandong area is mainly weak three grade lint cotton, the ex factory price is 14700-14850 yuan / ton (gross weight, with tickets), the northwest three level lint factory quotation is 15000 yuan / ton, the individual high price is 15800 yuan / ton (gross weight, the ticket); the Shandong cottonseed factory price is 1.00-1.05 yuan / Jin, the turnover is not big.

The cotton mill in Hebei has been closed for many years. The purchase price of seed cotton is 3.45 yuan / jin (39% of lint, 18% below). The price of the three grade lint is 15000 yuan / ton (gross weight and ticket), the factory price of cottonseed is 0.99-1.03 yuan / Jin, the cotton enterprises in Henan basically stop and take off, and the seed cotton is quoted at 3.30-3.40 yuan / jin (lint 38-40%, moisture 13% below). The three grade lint factory quoted price is 14700 yuan / ton (gross weight and ticket). At present, only the individual manufacturer sells mainly lint, most of the factory price has stopped quotation.

The relatively good start of this year is Shandong, followed by Hebei and Henan.

Since last week, downstream textile mills have been on holiday, and the purchase of lint has gradually shrunk. Only a small number of manufacturers have purchased this week, and the shipment of lint is not fast enough. Shipments in most areas have been stagnant, and the ginning mills are also closing down.

At present, only in some areas, the cotton mill has completed the order, accelerated production and processing, and the purchase amount of seed cotton has not been very large. Most of the manufacturers started by processing cotton seeds and cotton seeds, and cotton growers also put more bags into safety.

The market will enter the holiday holiday this week.