Hebei: The Cotton Market In Pre - Holiday Is Cold And Clear In 2015.

It's half a month away from the Spring Festival. Hebei The market has become extremely cold, and some of the ginning plants have been formally suspended. There are only 2-3 manufacturers in Cangzhou still open, but the main task is to sell spot and sell cotton seeds, seed cotton price is 2.80-3.00 yuan / Jin, but there is no market price. In February 1st, the spot price of grade 4128, 3128, and 2227 grade real estate cotton in Cangzhou was 12600 yuan / ton, 13000 yuan / ton, 12400 yuan / ton, which was unchanged from last Friday (January 30th). "I haven't seen any enquiries in a few days." A person in charge of a company in Cangzhou said that since the beginning of the twelfth lunar month, the spot shipment of the cotton ginning plant is very slow.

Up to now, some cotton farmers in Cangzhou still have not sold seed cotton. Cotton farmer Lao Liu said that his family still had about 1100 kg of seed cotton not sold, because he mixed all cotton together, many 400 type ginning factory resolutely rejected mixed grade cotton, and some 200 type ginning plants were willing to buy, but the bid was only 2.60-2.75 yuan / Jin, far from the expectations of Lao Liu. "The price is too low to cover the cost." Cotton prices in 2014/15 hit him a lot. Many cotton farmers did not finish the sale of seed cotton with him, which intensified the 2015 year. cotton The crisis of planting.

Similar to the situation in Cangzhou, seed cotton purchase in Hengshui, Baoding, Xingtai and other cotton areas basically stopped, and cotton sale problems were highlighted again. Cotton spot prices were slightly stable, and buying and selling became cold and cheerless. Li, manager of a 400 type cotton ginning factory in Xingtai, said that they still have more than 700 tons of merchandise in stock. The quality is mainly 4127 and 2227, accounting for 70%, while 3128 grade cotton accounts for only 30%. Most of the textile enterprises in recent years have arranged for a holiday. Several enterprises, such as Shijiazhuang and Baoding, which have business ties with their factories, have indicated that they are willing to purchase after the Spring Festival, but they are also restricted to cotton with grade 3128 or more. "It's too sad. It's hard to find buyers after the Spring Festival after less than 3128 grade cotton." Li said that they plan to lower the price of "sub cotton" again to promote the return of funds.

Some cotton traders who are active in various parts of Hebei have been "sworn in" recently. Shijiazhuang warehouse Xinjiang cotton The 2129, 3128, and 4128 class pick up prices are 14800 yuan / ton, 14300 yuan / ton, 13800 yuan / ton respectively, all of which are unchanged from January 30th. A cotton trader introduced that in recent days, Xinjiang cotton had slowed down to the mainland, but the warehouses in the mainland had been outgoing slowly, so many warehouses in the mainland were "full of cotton." Many cotton traders, dealers or Xinjiang ginning factory said that as long as the cotton companies were using cash to pick up the goods, the negotiating space of the shipment price could be expanded to 200 yuan / ton.

Such a downturn in cotton market, coupled with the difficulty of selling cotton this year, has greatly dampened the enthusiasm of cotton growers. About 50% cotton farmers plan to reduce cotton planting area in Cangzhou and Baoding, and 30% of them have given up seed cotton. Only about 10% of them have continued to expand their area. 10% of them are still uncertain. On the whole, it is estimated that the cotton planting area in Hebei will continue to decrease by 25-30% in 2015. In January 2015, the cotton association of China showed that the average planting intention dropped by 25.4%. This shows that China's cotton industry is facing serious problems. Market participants say that the cotton industry in the mainland has reached a critical stage of life and death. If there is no greater support in policy, it will be difficult for the mainland to see cotton planting in the next 2-3 years.