Prices Of Seed Cotton And Lint Prices In Henan Are Stable.

2008/12/5 0:00:00 115

Recent cotton market in Henan

Unginned cotton

Lint prices are basically stable.

cottonseed

A slight drop has occurred in most areas, although the start-up rate of ginning plants has increased, but the overall situation is still depressed, and the operating rate in some areas is still less than 30%.

In recent years, only 5-6 of Henan's Yucheng areas have maintained their starting capacity, and the operating rate is less than 30%.

The local 400 type cotton enterprises are able to acquire the momentum, while small businesses are buying sporadic products.

lint

Market gradually

Warm up

The local three class lint factory price is 10500 yuan / ton line, and the cotton seed price is 2.35 yuan / jin (37% lint).

cottonseed

The price has dropped slightly at 0.80 yuan / Jin. The manufacturer reflects that the processing profit can still be maintained at 200-300 yuan / ton, but it is very dangerous because the grade of seed cotton has declined, and the quality is not noticed.

Factories should adopt strict quality control, purchase a small amount of processing, and avoid risks as far as possible.

It will take time for the market to start in full.