Hebei Hengshui Lint Has Fallen &Nbsp For A Long Time, And There Is No Deal In The Seed Cotton Market.

Recently, domestic

On the same day, the three grade lint price was quoted at 23100 yuan / ton (delivery price, gross weight settlement, the same below), weak three level 22700 yuan / ton, four level 21900 yuan / ton, all of which fell 100-200 yuan / ton compared with yesterday.

Most local enterprises are in a profit state before the Spring Festival. At present, they are losing money, because the price of cotton has declined greatly, and inventory has become a stumbling block for enterprises. Even if all the cotton lint is sold now, the loss is also a foregone conclusion.

Due to the expectations of the market, most local processing enterprises reluctantly cut meat, even if the loss also increased sales of lint, to the market has added a haze atmosphere.

On the same day, the price of seed cotton was three yuan, 4.50 yuan / jin (38% of lint, 10% of moisture regain), four level 4.33 yuan / jin (the same as above), and each Jin was 3-5 cents lower than yesterday.

The vast majority of enterprises have stopped collecting, concentrate on selling inventory, and seed cotton market basically no record of paction.