Linqing, Shandong Province attracts cottonseed resources to increase cotton prices

With the decrease of seed cotton resources, the purchase volume of Shandong Linqing cotton seed cotton decreased, and the daily acquisition volume was only about 50,000 kilograms. Some storage companies increased the purchase price of seed cotton in order to increase the acquisition volume. On March 12th, Yifen 35.5 The purchase price of grade-3 seed cotton of grade 4 was between 3.75-3.90 yuan/kg, and the purchase price of seed cotton with 38.5%-39.5% cotton was between 3.95-4.00 yuan/kg, which was higher than last week by 0.05-0.08 yuan/kg. At present, the storage enterprises are working overtime and strive to make more batches of cotton before the end of collection and storage.

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