This week (October 2019 28-31), the purchase and operation of local cotton ginning plants were slightly active. The purchase price of seed cotton was increased in Shandong Liaocheng Gaotang District, and the lint market continued to warm up, and the market was normal.

According to the survey, the purchase price of seed cotton and the price of lint factory have risen to varying degrees in Shandong Liaocheng Gaotang area. The purchase price of seed cotton rose to 3.10 yuan / jin (40% of lint and 13% below water) on Thursday, up 0.05 yuan / Jin last week, the first time this week. Three grade lint factory quotes 12600 yuan / ton (big bag, with ticket), up 100 yuan / ton compared to Wednesday, the second rise this week, this week Monday up 100 yuan / ton on Friday, cotton seed ex factory price 1.095 yuan / Jin, this week first fell after rise, adjustment interval is 1.075-1.125 yuan / Jin, cottonseed no inventory, basically by local or Xiajin area oil and cotton factory acquisition processing.

When the ground cotton is processed with the shipment, there is basically no inventory. The lint market is getting warmer. One is that seed cotton is difficult to charge at low prices, the cost is rising, and the price of lint is steadily rising. The second is the rise of lint futures. The CF2001 contract of Zhou Zhengmian futures contract rose to a high level of 13215 yuan / ton on Thursday to boost the spot market.

Liaocheng Gaotang textile mill operating rate is still good, yarn market stability is the main, Zhengzhou futures yarn main CY2001 contract on Thursday 21060-21340 yuan / ton line adjustment, rebound strength is not strong, the spot market keeps stable. Among them, the 32 price of the combed ring spinning is 20800 yuan / ton, the 40 price of the general combed ring spinning is 21800 yuan / ton, the air spinning 21 price is 16400 yuan / ton, and the air spinning 24 price is 16600 yuan / ton. Generally speaking, the market quotation support strength is insufficient to restrain the rising space of lint. On the whole, the local cotton market is still running like water.