The Yellow River Basin: Patience And Waiting For Cotton Production And Trade

The two day of the weekend, the red warning of air pollution in Hebei, Shandong and the northwest of the Yellow River Valley, hazy hazy, unclear roads, and cotton trading all suspended.

The sale of Hebei real estate is much more difficult.

Cotton enterprises feedback, cotton in the near future is very unsalable, first, downstream small cotton mills are shut down because of the government's pollution control; two is because

Transport is restricted.

Haze is more serious. Schools are closed and factories are closed. The whole cotton market is in a state of no price.

"We also plan to stop for a few days and estimate to reopen the scale until next month."

The responsible person said that in response to the government's call, the vast majority of cotton enterprises have been shut down, and require cotton piles, seed heap all covered in place.

Visibility in Heze, Shandong, is only 50 meters, which has a serious impact on the purchase of seed cotton.

At present, Cangzhou seed cotton has the following characteristics: first, the number is small.

According to a lot of cotton traders, the recent acquisition of street shopping, one day to turn down, can buy 400-500 kg of seed cotton, even if "good harvest", if bad luck, one day to turn down, will only receive tens of pounds.

"Cotton farmers do not really have enough cotton."

A surnamed Zhang cotton broker said that the actual sown area in Cangzhou this year may be lower than expected. Second, the quality is declining.

In recent years, the percentage of seed cotton padded clothes was dominated by 37-38%, which was reduced by 1-2 lint points compared with 38% and 39% in early November and early December. In addition, cotton seeds were generally mixed with other cotton in the near future, and they were filled with stiff petals and grey black cotton. At the same time, moisture regain increased.

Shandong Liaocheng, Dongying and other places seed cotton pactions are basically suspended, cotton enterprises gate closed, seed cotton, cottonseed price without market.

A cotton grower in the bag said that there were more than 3000 pounds of cotton seed sold at the moment, and he planned to sell cotton to Hebei or Henan.

Prices fell slightly, and Hebei Cangzhou, Xingtai and other places cotton seed loading price 1.57-1.59 yuan / Jin, compared with last Friday (16 days) fell 0.02 yuan / Jin line.

Due to the recent closure of most of the Hebei oil refineries, the pace of sales of cotton seeds has slowed down significantly. Second, the price of cottonseed has been more than rumored. Many market participants believe that "rising for a long time will fall" and the bearish atmosphere will be strengthened.

This centralization of pollution will come to the end of this month, so cotton production and trade must also be patient.

Last Friday and Saturday, in Shandong, Hebei and other places, due to environmental supervision, most of the cotton seed crushing enterprises in the the Yellow River Valley almost stopped. Most factories reflected that there was not much or no goods, and the confidence in price increased.

Cottonseed oil market: because of high price of cotton and high cost performance, downstream

The price of the factory quoted is basically unchanged from last week.

Xinjiang's cottonseed oil has been stable and strong in recent years due to its strong impact on domestic oils and fats.

In the short term, the price advantage of cotton oil is still not outstanding, and the driving force is limited.

The bulk oil market is still optimistic about the future market, and there will be a spring festival stocking up. When the downstream does not exclude high priced cottonseed oil, the latter trend will continue to look strong.

Cottonseed meal Market: Hebei Handan 50% degossypol protein price 3600 yuan / ton; mainland Shandong 50% at 3300-3400 yuan / ton; Shaanxi Weinan Dali Wei Heng 50% degossypol protein price 3700 yuan / ton, compared with last week, because of downtime, less supply, strong quotation.

46% cotton pulp Shandong mainstream offer 3200 yuan / ton, 42% mainstream cottonseed meal 3100 yuan / ton, and last Friday basically unchanged.

Xinjiang 46% cotton meal in southern Xinjiang quoted 2500-2550 yuan / ton, Northern Xinjiang quoted 2500-2600 yuan / ton; Xinjiang 42 cotton meal in the southern Xinjiang quoted 2400 yuan / ton, and Northern Xinjiang quoted 2400-2450 yuan / ton, the quotation was unchanged from last Friday.

Cottonseed Market: this week cotton seed trend continues to decline, Shandong local and Xinjiang cotton seed mainstream quotation 1.66-1.70 yuan / Jin, compared with last week to reduce 0.01-0.02 yuan / Jin; Hebei mainstream offer 1.64-1.69 yuan / Jin, compared with last week reduced by 0.01 yuan / Jin.

Affected by downtime, the number of cottonseeds purchased by the oil factory has been reduced, and some factories have temporarily stopped buying.

Most of the cottonseed plants in the mainland are still mainly processing cotton seeds from Xinjiang. Because of the higher cost in the earlier stage, the inner cotton ginning plant still has a very good psychological value for cottonseed. However, the early pportation is tight. At present, the ginning plants and some traders are stockpiling more goods, and the price power is not enough. At the same time, the oil factory takes into account the cost factors and cautiously reduces the price.

For more information, please pay attention to the world clothing shoes and hats net report.