Hebei Minzhou cotton prices rose slightly, cotton transactions are not active

Recently, both the purchase price of seed cotton and the spot sales quotation in Bozhou City, Hebei Province, have risen. The purchase of textile companies still owes power, resulting in the spot transaction not being active.

On the 16th, the Ministry of Finance announced that since January 1, 2012, a certain amount of cotton was added to the import of tariffs and tariffs had continued to be imposed, and the formula for tax-adjusted tax calculations had been appropriately adjusted. Assuming a fixed exchange rate of *** 421:1 against the US dollar, the cost of imported cotton in 2012 will be RMB 512/ton higher than that of 2011. Encouraged by this news, on the same day, there was a surge in domestic Zheng cotton and electronics, and there was a hint of spring in the electronic market.

On the 19th, the city’s seed cotton purchase price and spot sales quotation all rose to varying degrees. Among them, the purchase price of seed cotton with 38% weaker grade 3 seed cotton (recovery rate 10%, the same below) was 4.15 yuan/kg. Increased by 0.05 to 0.07 yuan/kg on the 16th; the 3% mainstream grade 4 seed cotton purchase price was 3.85 yuan/kg, which was higher by 0.05 yuan/kg than on the 16th; and the Tonghua purchase price was 36%. 3.75 yuan / kg, compared with 16th rose 0.03 yuan / kg. In terms of spot price, the sales price of weak grade 3 lint (restricted to non-qualified deposits, delivery price, public settlement, with votes, the same below) is 20000 to 20100 yuan/ton, and the mainstream 4 real estate cotton sales quota is 18800 to 19,000 yuan/ton. Both were up 300 yuan/ton from the 16th; the 5th price was 16,800 yuan/ton, up by 100 yuan/ton from the 16th.

From the perspective of the acquisitions over the past two days, Dachang’s daily acquisitions have remained at around 300,000 kilograms, and small-scale factories have acquired about 150,000 kilograms per day, which is flat compared to the 16th day. It is only in the areas of Shandong’s cotton, the main sales area of ​​the city, Jiangsu, and Zhejiang. Due to the fact that textile companies have not been able to escape the recession for a long time, yarn sales prices have continued to decline, coupled with labor difficulties in the Spring Festival, resulting in some companies’ limitations. Production and production are suspended, so at this stage, there is no bright spot in the cotton spot trading performance of the city. During the weekend, the city’s cotton by-product sales quotation rose slightly, including cotton seed sales price of 0.92 yuan/kg, up 0.02 yuan/kg from the 16th; the fourth-grade cotton oil sales price was 7,600 yuan/ton, up by 50 yuan/ton on the 16th. The price of cotton pupa was 1810 yuan/ton, which was 10 yuan/ton higher than that of the 16th; the price of the second cotton short velvet was 4,500 yuan/ton, which was the same as that of the 16th. The increase in the price of cotton by-products also provided a slight upward incentive for the price of seed cotton. According to the loss rate of 2%, the cost of 600 yuan / ton and above the acquisition price of seed cotton, cottonseed sales price calculation, 4 liters of cotton discount cost price of 18,400 yuan / ton, the company has a certain amount of profit for storage space.