China Cotton Network News: At present, the purchase of seed cotton in northern Xinjiang is nearing the end, and the purchase price of seed cotton is maintained at 3.15-3.30 yuan / kg. It is understood that the main task of local enterprises is to grasp the processing and sales, because the textile enterprises are still operating at a high load, and the lack of follow-up orders makes the downstream pessimistic mentality, resulting in a weak willingness to purchase cotton raw materials and a poor transaction of lint cotton. As of November 16, the lint in northern Xinjiang was quoted at 14400-14900 yuan / ton.
Recently, Xinjiang's woolly cottonseed continues to fall, as of November 16, the northern Xinjiang woolen cottonseed quotation at 2.38 yuan / kg, the price of light seeds at 2.52 yuan / kg, with the inland and Xinjiang oil mill operating rate continues to rise, the downstream procurement of cottonseed gradually increased, but due to the high price of cottonseed, oil mill profits are low, slowing down the progress of oil mills to purchase cottonseed, the quotation has also fallen all the way. With the gradual increase in the operating rate of cotton linter processing plants, the transaction of woolen cottonseed is getting bigger and bigger. According to the person in charge of a cotton short linter processing plant in Xinjiang, the oil mill purchases light seeds, the downstream of the chemical fiber factory to purchase cotton linter is still relatively positive, some manufacturers have sent salesmen to purchase, but the quality requirements for wool seeds and cotton linter are very high, most of the oil mill orders are in 1000 tons, the full 200 tons of payment is paid, cotton linter is sold randomly, and the way of getting on the car is weighed to the way of departure. As of now, the quotation of cotton short linter remains stable at 3600 yuan / ton.
