In mid-October, the harvest and sale of machine-picked cotton in southern Xinjiang began one after another. Cotton farmers, cooperatives and other seed cotton sales accelerated significantly, and the reluctance to sell continued to cool down. At present, the purchase price of machine-picked cotton in northern and southern Xinjiang remains at 10.2-10.5 yuan/kg, and the purchase price in Kashgar Bachu, Maigaiti and other places is slightly higher by 0.1 yuan/kg; in southern Xinjiang, 40% clothing content and less than 10% moisture are hand-picked The purchase price of cotton is about 11.1-11.5 yuan/kg, and the price difference between machine-picked and hand-picked cotton is about 1-1.2 yuan/kg.
From the survey, the average purchase price of 40% linseed cotton in some cotton processing enterprises in northern Xinjiang is 10.4-10.5 yuan/kg. Although the purchase of machine-picked cotton in southern Xinjiang opened late, However, since mid-October, the transaction price has been lower than 0.1-0.2 yuan/kg in northern Xinjiang, and the average purchase price of 40% lint seed cotton in ginneries is 10.2-10.3 yuan/kg.
Several large and medium-sized cotton trading companies and cotton processing companies in Xinjiang reported that although the overall quality index and color grade of machine-picked cotton in Xinjiang in 2021/22 were significantly higher than those in the previous year, Lint impurities vary greatly among cotton regions in Xinjiang. Judging from the public inspection results, the impurity content of machine-picked cotton ranges from 0.8% to 7%. The impurity rate of some Northern Xinjiang ginneries’ public inspection batches is generally 4.5-6.5%. The main reason is that it is affected by weather, variety and other factors. As a result, farmers sprayed ripening agents and defoliants in advance, causing the cotton to become more watery. On the other hand, because the harvest in northern Xinjiang was delayed by about a week this year, it overlapped with the release period of machine-picked cotton in southern Xinjiang. Therefore, cotton picking in northern and southern Xinjiang was delayed. The phenomenon of large-scale movement of machines and mutual assistance has been significantly reduced. The situation of insufficient cotton picking machines and slow harvesting progress is prominent. “There are too many radishes and the mud is not washed”, and the harvesting quality has declined.
A ginning factory in Aksu stated that the impurity content of Fushi flowers is relatively high (generally above 4%), and the mid-term flowers are expected to be slightly better, and the impurity content can be reduced to 2.5 %-3.5%; however, the impurity content rate of autumn peaches and frost-season flowers will be very high, and there is little hope of being lower than 4.5%. Due to high impurities, it is common for cotton processing enterprises in Xinjiang to find it difficult to sell cotton under the “double 28/double 29/double 30” category. First, cotton textile companies and traders have low willingness to inquire about batches with large impurities; second, high impurities cannot generate futures warehouse receipts, making it difficult for cotton processing companies to hedge (they can only “false hedging”); third, the high impurities cannot generate futures warehouse receipts. The basis quotation was restricted, and the buyer lowered the price significantly, which was difficult for the ginner to accept. </p
