Shandong'S New Cotton Market Will Be Pushed To &Nbsp In September, And The Risk Of Cotton Purchase Will Increase.
In August 28th, the weather in Shandong, Dezhou, Binzhou, Heze and other places cleared up. The rainy weather which lasted for more than 10 days ended.
cotton
Growth is gradually resuming and new cotton is expected.
list
The period will be postponed until mid September.
In Dezhou, Xiajin, Qihe, Lingxian County and the northern part of Heze, the disaster was relatively heavy, and the output was expected to fall by about 20%. If the weather was normal in the middle of September, the single production could reach more than 400 Jin; the disaster in Dezhou's Wucheng, Binzhou, Dongying and other places was relatively light, and the single production was expected to reach about 450 Jin.
Cotton enterprises in Dezhou, Heze, Binzhou and other places concentrate their time on the middle and the upper reaches of September.
Unginned cotton
The price of corn and other crops is heavier. The mid flower purchase price of 38-39% should not be less than 4 yuan / Jin. Before the Spring Festival, it is likely to rise to 4.50-4.80 yuan / Jin, which is the highest or more than 5 yuan / Jin. Therefore, the phenomenon of low price will not be sold and the high price will accumulate. The cotton processing enterprises say that the price of cottonseed will not be too high in 2010/11 and the cost of cotton enterprises can not be apportioned by the impact of factors such as crude oil and global economic situation. The price of seed cotton is more difficult for 4.20 yuan / Jin. Cotton prices vary widely in Dezhou, Heze and other places.
quality
The risk of cotton purchasing will increase substantially compared with previous years.
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