Hebei: The Market Is Generally Stable And Enterprises Are Concerned About Entering The Stock Market.

At present, the cotton market in Handan, Hebei is generally stable, and the price of seed cotton is low. The purchase and sale of the market is still not optimistic.

Seed cotton remains low. As of December 4th, the mainstream price of seed cotton in Handan area was 2.95-3.10 yuan / jin (lint 40%-41%, moisture regain 12%), unchanged from the beginning of this week. In the actual acquisition process, cotton ginning plants are generally priced on the basis of seed cotton percentage and moisture regain. The seed cotton parts in Handan area are mainly 38%-40%, and the moisture regain is generally between 8%-12%. Due to the lack of market resources, the daily purchasing amount of the 400 type cotton ginning factory is maintained at 2-3 Jin Jin, and the 200 type ginning factory maintains between 5000-10000 Jin.

After entering the December, the Handan area still participated in the acquisition of the 400 type of cotton ginning factory only 5 or so, while the 200 type factories were around 10. The reason for the large number of purchasing enterprises was that the resources were few and the enterprises were "not enough to eat".

Since the beginning of December, the price of cotton seed in Handan has stagnated slightly. As of December 5th, the price of local cottonseed arrived at 1.14-1.16 yuan / jin (12.5% of seed oil and 12% of moisture content), down 0.01 yuan / Jin yesterday. Recent reasons for cottonseed fall:

First, cottonseed has been rising at a high price range, and the risk is increasing.

Two, Xinjiang cotton seeds enter the mainland in large quantities, attacking the real estate cottonseed.

The recent lint profit of the cotton ginning mill is still 400-500 yuan / Jin, but the key problem is that the lint is not sold, which makes everyone pessimistic. The sale price of the high quality lint market is 13300 yuan / ton, and the quality is slightly worse than 13000 yuan / ton.

However, with the entry and storage of Xinjiang cotton, many factories have restored their confidence.

First, the price of Xinjiang cotton is higher than the market price. Take 3 days into the storage as an example, the average price of cotton reserves is 13232 yuan / ton, of which the highest price is 13319 yuan / ton, the lowest price is 12879 yuan / ton, and the profit of storage and storage can reach 500-600 yuan / ton. At present, the price of 3128 grade cotton in the spot market is 13000 yuan / ton (the fixed weight is not upgraded to water), the price of storage is not only higher than that, but also the increase and discount of water.

Second, although the total amount of storage this year is only 500 thousand tons, it will attract more and more enterprises to participate in the storage. That is to say, the price of entering the reserve market this year is likely to become the "vane" of the market, leading the upward fluctuation of cotton prices.

Affected by this effect, the ginning plant will pay close attention to storage and storage in recent years, and the sale price of lint will also be determined by reference to the price of storage. Therefore, the recent market seems to have a clearer aspect and market confidence has also been restored.