According to recent surveys of the three major cotton areas of Aksu, Kashgar, and Korla, the harvest of seed cotton in northern Xinjiang is coming to an end, and the flow of cotton pickers across regions has increased. The progress of machine-picked cotton harvesting and delivery in southern Xinjiang has also accelerated significantly. The proportion of “egg roll cotton” continues to increase, and the game between individual farmers, cooperatives, cotton brokers, etc. and cotton processing companies is still fierce.
Since mid-October, ginning mills in southern Xinjiang have opened up purchases. The water content of machine-picked cotton this year is lower than the previous two years. In the past half month or so, the purchase price of machine-picked cotton in Xinjiang has dropped from a maximum of 11.3-11.5 yuan/kg to the current 9.8-10.3 yuan/kg, while the cotton seed sales quotation has stabilized at 3.5-3.6 yuan/kg, so the cost of lint has dropped significantly. obvious. Some ginners in southern Xinjiang said that compared with cotton companies in northern Xinjiang, machine-picked cotton in southern Xinjiang has obvious cost advantages and the lowest risks.
According to statistics, as of November 10, the total lint processing volume in Xinjiang cotton areas in 2021/22 has exceeded 2 million tons, especially in several major cotton areas in southern Xinjiang. Same period last year. A medium-sized cotton processing company in Aksu said that considering the escalation of epidemic prevention and control this year, machine-picked cotton in northern and southern Xinjiang came on the market at almost the same time, resulting in a slow progress in seed cotton harvesting in southern Xinjiang. In addition, the purchase price of seed cotton has continued to fall since late October, and farmers are reluctant to sell. Restricted by many factors, the harvesting, sales, and processing periods in southern Xinjiang have been lengthened. Regarding the short-term Xinjiang cotton spot trend in 2021/22, processing companies in Xinjiang generally analyze that under the premise that the comprehensive cost of lint exceeds 23,000 yuan/ton (gross weight), the possibility of price reduction and selling from November to January is almost zero. Ginning plants and cotton The game between traders and cotton mills is still difficult to determine the winner. </p
