most ginners intend to purchase new seed cotton at around 5.5yuan/kg this year before National Day holiday
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most ginners intend to purchase new seed cotton at around 5.5yuan/kg this year before National Day holiday

Views: 0     Author: Site Editor     Publish Time: 2022-11-29      Origin: Site

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According to our survey, most ginners intend to purchase new seed cotton at around 5.5yuan/kg this year before National Day holiday, and due to the quality differences, some intend to purchase at a low level of 4.8yuan/kg. But growers cannot accept this level, and are tight sellers. Affected by the epidemic, the trans-regional seed cotton procurement and sales are impacted in short, and some growers choose to sell at local market, so price differences are large among regions in Xinjiang. Recently, the epidemic in Xinjiang results into the tight supply of spot cotton in inland, and prices remain high. Eyes are put on the new seed cotton procurement. The situation in Xinjiang is showed briefly below.

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