Xinjiang'S Cotton Purchase Exceeds 300 Thousand Tons In Bazhou.

According to statistics from the Bazhou Cotton Association, as of November 20th, the whole state (local) has acquired 864 thousand and 200 tons of seed cotton and 336 thousand tons of lint, which is 16.5% higher than that of 288 thousand and 400 tons (lint cotton) in the same period last year.

It has exceeded the total volume acquired last year, and has exceeded 318 thousand tons of total cotton purchase estimated in 2008.

In the acquisition of counties and cities, the purchase amounts in Korla, Yuli County, Luntai County, Ho Shuo county, Ho Jing County and Bohu county were all over the same period last year. The purchase volume in the end of the year was equal to that in the same period last year, and the purchase amount in Ruoqiang county was lower than that in the previous year.

With its advantages in geopolitics, capital, talent and information and confidence in the market, Korla has been leading the way since the acquisition of more than 100 thousand tons of cotton wool in October 20, 2008, with the acquisition of 156 thousand and 600 tonnes according to the state's counties and cities, and continues to be among the top counties in Xinjiang.

In the 336 thousand tonnes of new cotton purchased by the state, the holding companies of the supply and marketing cooperatives bought 72 thousand and 300 tons, accounting for 21.5% of the total purchase amount, and other properties acquired 263 thousand and 700 tons, accounting for 78.5% of the total purchase amount.

At present, the acquisition of seed cotton has entered the late stage. Some cotton purchasing enterprises are still buying cotton seeds and cotton seeds sold at the price of 2.8 yuan / jin (35% lint, five flower), and the purchase price of seed cotton is about 2.4 yuan / kg, down 3 yuan / Jin compared with the same period last year.

Due to the low selling price of cotton lint, most cotton processing enterprises have stopped cottonseed's de cashmere.