Cotton Prices Plummeted In Xinye, Henan
Xinye, Henan
Cotton price
The volume of shipments decreased significantly, and the volume of shipments was low.
Comprehensive media September 30th news, recently, Xinye County in Henan province mainly rainy weather, the temperature dropped, cotton picking progress slow, the daily picking amount in between 50-100 Jin, cotton farmers new cotton stock of 1500-3000 Jin, with a weak 4 level.
In addition, the recent cotton prices are falling, seed cotton prices are falling, and cotton farmers are reluctant to sell.
Upsurge
Part of the cotton companies have been waiting for a wait-and-see attitude.
In September 29th, the price of the local seed cotton was about 4.1 yuan / kg, down 0.2-0.3 yuan / Jin compared with 27 days, and the new cotton price of 4 yuan was about 19300 yuan / ton, down 200 yuan / ton. Chen cotton was mainly 2 and 3, the price was 20500-21000 yuan / ton, which was about 500 yuan / ton compared with 27 days, and the shipments of the cotton enterprises involved were not large, and the market turnover was light.
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