&Nbsp Under Quota Distribution; Cotton Processing Enterprises Still See High Cotton Prices.

cotton

After the issuance of the 1 million 894 thousand tons of cotton import quota, the cotton processing company's sales psychology, inventory and recent lint sale prices were sampled.

Processing enterprise

It is believed that the issuance of cotton quotas will have a certain impact on the sale price of lint in the short run, but cotton prices will still rise in the long run.

On the one hand, due to the high purchase price of seed cotton in recent years, the price of lint can not be fully realized and the profits are guaranteed. Therefore, enterprises will not rush to sell cotton lint for sale due to the issuance of quotas.

On the other hand, as domestic cotton production exceeds expected this year and inventory is scarce, shortage of resources is bound to become a strong support for lint prices and continue to push up the price of lint.

Therefore, most of the investigated processing enterprises choose stock for sale.

Sale

Price: Jiangsu, stock 60%, grade three, recent paction price 15000 yuan / ton.

Shandong, stock 20%, grade three, the recent paction price of 15050 yuan / ton.

Anhui has a stock of 12%, grade three, and the paction price is 15000 yuan / ton in the previous period. The recent quotation is 15000 yuan / ton, and no textile enterprise buys it.

Xinjiang area, stock 50%, grade three, the recent paction price of 15100 yuan / ton.