Hebei Baoding cotton prices fell slightly, cotton companies to buy cautious

At present, the acquisition of Baoding seed cotton in Hebei is drawing to a close. It is expected that it will end in mid-April, one month ahead of last year, and farmers’ enthusiasm for sale will increase. However, due to the end of state purchasing and storage, cotton companies will be cautious in purchasing and 60% Stopped. On March 27th, the 3rd grade seed cotton was offered at 4.10 yuan/jin (38% for clothes, 10% for resurgence, the same below), and the 4th price was at 3.90 yuan/kg. Tonghua was quoted at 3.80 yuan/kg, which was higher than the 26th. Down 0.05 yuan/kg, cotton farmers do not store much cotton, grades are mainly weak 4 and 4 mainly, cotton prices are not clear on the market outlook, wait and see mood is strong; 3 lint price at 19,800 yuan/ton (delivery, gross weight , with votes, the same below), 4 offer at 18,900 yuan / ton, weak 4 offer at 18,300 yuan / ton, 5 offer at 16,800 yuan / ton, both compared with the 26th fell 100 yuan / ton.