Texas cotton gradually listed local cotton farmers reluctant to sell psychology

Recently, some enterprises in Wucheng and Xiajin in Dezhou, Shandong, have started to open scales, but most of them are tentative acquisitions. The acquisition volume is small, and the purchase price has risen in the past two days.

Some cotton enterprises in Wucheng purchase price of new cotton, 4 class 4.25 yuan/kg, weak 3 class 4.35 yuan/jin, more than 2 days ago up 0.10-0.20 yuan/jin, clothing about 38%, water 20%, daily The acquisition volume of most companies 2-3 million jins, the high price point can receive more than 10 million jins. The increase in the purchase price was mainly due to the increase in the prices of the electronic trading boards and the State Reserves cotton. Cotton enterprises generally believe that the cotton price will rise again.

At present, the local seed cotton picking progress is about 25%. In August 2010, due to the sharp reduction in cotton production caused by the rain, the farmers were reluctant to sell their goods and sold very little. Most of the current purchases of Wucheng and Xiajin are cotton from Hebei, and the quality of cotton is better than the local. It is understood that there are 42 big cotton companies in Wucheng, accounting for about half of Texas, and the purchase price of seed cotton is also higher than the surrounding counties by 0.05-0.10 yuan/kg. In addition to Wucheng and Xiajin, there are few companies in other counties and cities in Texas.