Cotton hulls and cotton linters fall in pessimistic markets

Cotton hulls and cotton linters fall together

At present, the low price of cottonseeds in the market, the crushing losses have not been changed, the enthusiasm of the oil plant has not yet been restored, the inventory of cotton husks is limited, and the oil plants insist on price, limiting their downside. On April 11, the ex-factory price of the middle shell in the northern producing areas was concentrated at 1800-1920 yuan/ton, the factory quotation of the small shells in the southern producing areas was concentrated at 2200-2500 yuan/ton, and the factory quotation of the cotton shells in the Xinjiang production areas was 1120-1180 yuan/ Tons, the price of Xinjiang cotton hulls shipped to the mainland was only around RMB 1750/ton, and the price was significantly lower than that in the Mainland. Traders and growers significantly slowed the pace of sourcing cotton hulls in the Mainland, and local prices fell slightly.

In addition, at present, reserve cotton has been sold at lower bid prices and Xinjiang's actual direct subsidies policy has been announced. The spot of lint cotton is no longer in demand, and fatigue is noticeable. The short cashmere market is also difficult to be optimistic, plus the current chemical fiber mills and refined cotton mills as purchasing short cashmere. The important source, the overall operating rate is low, resulting in the market is basically in the state of price and no market, and as the oil plant continues to boot, short fiber stocks gradually expand, large oil refineries downgraded offer to promote sales, cotton wool is expected in the near future The overall situation will remain stable and fall. On April 11, the factory price of cotton linters in the main producing areas was concentrated at RMB 2,600-3,100/ton, partially lower by RMB 50/ton compared with April 4.

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