Procurement situation of hand-picked seed cotton in South Xinjiang

2. Procurement situation of hand-picked seed cotton in South Xinjiang

Hand-picked seed cotton in South Xinjiang sees smaller increase compared with machine-picked seed cotton in North Xinjiang. Currently, the hand-picked cotton costs are about 12,800yuan/mt gross weight, up about 1,300yuan/mt from Sep 30. Purchase prices of seed cotton score at 5.68yuan/kg. According to ginners, there are about more than 20 days to pick the cotton crops. As the hand-picked cotton is with high micronaire this year and ginners lack confidence towards late market, more ginners turn to produce cotton for wadding, so its seed cotton prices continue to rise.

Currently, prices of seed cotton are mostly at 5.8-6yuan/kg in Aksu and Kashgar, some above 6yuan/kg. For XPCC and some large ginners, prices are within 5.6-5.7yuan/kg.