Southern Xinjiang: The out-of-stock volume of cotton warehouses has decreased compared with previous years
With 2022 approaching, ginning companies across Xinjiang are proceeding in an orderly manner with lint processing and reservations for warehousing.
The person in charge of a warehouse in southern Xinjiang said that currently, except for some ginning companies in the region that have purchased large amounts of seed cotton, they are still processing, while the rest of the companies that have purchased small amounts have entered the final stage of processing and making reservations for warehousing. It is understood that the warehouse has reserved more than 230,000 tons for storage, which is an increase from more than 210,000 tons last year. However, due to the high cost of lint processing this year and the slow sales of ginning companies, the outbound volume has decreased compared with previous years.
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