Heze, Shandong: Rainfall reduces cotton quality
On September 3, Shandong Heze Monitoring Station conducted a visit to a number of cotton fields and some enterprises in Chengwu, Juye, Yuncheng and other places in Heze.
As of now, local cotton has entered the linting period. In a cotton field, the author saw cotton farmers picking cotton that had already spun out. It is understood that due to the impact of early rainfall, the quality of cotton has declined, some bolls have fallen off, and some low-lying cotton fields have accumulated water. It is expected that this year’s output and quality will both decline. decline. Regarding the open-scale price, the cotton farmer said that he hopes the open-scale price of seed cotton this year will be above 4 yuan/jin.
The person in charge of a local ginning company said that the company is currently arranging technical personnel to conduct mechanical maintenance. Regarding this year’s purchase price, most local companies said they will wait and see for the time being. The person in charge of a local trading company said that due to the recent decline in futures, corporate orders have also decreased. Fortunately, the decline in cotton spot prices has been limited.
Due to the decrease in yarn orders and the increase in yarn mill inventories, the price of cotton yarn has also been reduced. Since high-index Xinjiang cotton is used with foreign cotton, the products produced are also High-quality yarn is easier to sell than low-quality yarn. The current price of 21-count yarn is about 27,000 yuan/ton, the price of 32-count yarn is 28,500 yuan/ton, and the price of 40-count yarn is close to 30,000 yuan/ton.
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