Wangjiang, Anhui: After The Festival, The Purchase Price Of Cotton Seed Mill Is Increasing Slightly.
In February 23rd, Wangjiang County, the main cotton growing area of Anhui Province, ushered in a fine sunny weather. The rainy weather ended for more than 20 days during the Spring Festival, and the acquisition of seed cotton was resumed due to the rainy weather. 2 large cotton ginning plants have begun to buy cotton seeds.
The main contract price of zhengmian increased nearly 500 yuan / ton before the holiday, and the spot price of lint rose 100-200 yuan / ton before the festival, reaching 15200-15350 yuan / ton.
Affected by this, the purchase price of seed cotton increased after the holiday, and the purchase price of mainstream seed cotton was 3.30-3.45 yuan / kg, and the highest purchase price of seed cotton increased by 0.02 yuan / kg before the holiday.
However, there are not many local cotton seed resources left, and the cotton mill has just resumed the purchase. Therefore, the number of cotton seeds purchased in the two days is about 10 thousand jin.
It is expected that as the weather continues to improve, the number of cotton ginning plants that will resume seed cotton purchase will increase, and the purchase amount of seed cotton will also increase.
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