Jiangsu Cotton Market Trend Last Week
1, cotton picking is basically over. According to province Cotton Association According to the analysis of the survey data, 7 sites in the province have been concluded by 2 picking points, and 4 spots have been picked up over 92%, with an overall progress of 96%.
A small amount of cotton that has not been picked has been unable to pick normally because of the cold weather.
The progress of cotton sale is up to 90% of the total production, accounting for 94% of the total.
In the 6 survey sites, Fengxian County is still the slowest selling process.
2. Cotton
Purchase and sale
Prices are basically stable.
The price of cotton purchase and sale fell sharply after the middle of last month, and the price of cotton purchase and sale remained stable basically this week.
For example, the purchase price of grade 3 seed cotton, Dafeng remained at 10.4 yuan / kg, Rudong average 11.5-11.7 yuan / kg, Sheyang because of the cotton purchase end, only some low-grade cotton, Pizhou maintained at 10.8 yuan / kg, Xinghua maintained at 10.6 yuan / kg, Fengxian County in 11 yuan / kg, although the price level is still different, but maintained a steady trend.
Cotton sales price is the same, take the 328 level as an example, Dafeng 26500 yuan / ton, Fengxian County 27000 yuan / ton, Sheyang 26540-26980 yuan / ton, Pizhou 27000 yuan / ton, Xinghua 29600 yuan / ton.
Because of the difference of purchase price, the level of selling price is different, but it also maintains a relatively stable situation.
3, cotton enterprises use cotton normally.
According to the association's survey of 7 textile enterprises, in November,
Textile production
Basically normal, cotton consumption increased slightly compared with October.
In addition to the large increase in the inventory of individual enterprises, the total inventory remains a month's output. Some enterprises have increased by 30% or more than that of October.
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