At present, the domestic new-year cotton is successively listed, especially in the mainland market. Recently, it has gradually entered the stage of concentrated picking, and the supply of seed cotton is increasing day by day. According to Longzhong's understanding, the current purchase price of seed cotton in the Yellow River Basin is 3.10-3.20 yuan/kg, with a moisture content of 15%-16% and a lint content of 37-38. Although the daily acquisition volume is still small, the number of acquired companies continues to increase. The manufacturer said that it is expected that around the 15th, the supply will increase significantly, and the acquisition work will return to normal. In Xinjiang, a small amount of hand-picked cotton flows to the market, but the purchase and sale prices are relatively high. Most of the machine-picked cotton in northern Xinjiang will be mined on September 15-20, and the late-maturing machine-picked cotton in eastern and southern Xinjiang is expected to be mined in mid to early October.
Based on the current prices in various places and the estimated prices, the cost price of lint in the Yellow River Basin in the mainland is about 13,000 yuan/ton, which is basically in line with the current market price.
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