Processing Branch: Seed Cotton Prices Jumped &Nbsp; Market Confusion &Nbsp; Quality Worrying.

According to the information staff in some areas, the three day of the Mid Autumn Festival is local.

In some cotton producing counties and cities of Hubei Province, the price of grade three seed cotton has reached 10 yuan / kg, and the moisture regain rate is more than 15%.

Market characteristics: the 200 type enterprises re-enter the market and rush to harvest seed cotton; the phenomenon of cross province acquisition is serious; cotton traders are active.

In some cotton producing counties and cities in Hebei Province, the purchase price has risen from the initial 8.6 yuan / kg to nearly 9.8 yuan / kg for nearly two days, and the moisture regain is high, mostly in 18-20%.

Market characteristics: type 400 and type 200 enterprises enter the market to buy seed cotton at the same time, while the 400 type enterprises take a small amount of acquisitions and act cautiously.

In some cotton producing counties and cities of Shandong Province, the purchase price of grade three seed cotton is between 10.4-10.8 yuan / kg, the moisture regain is above 18%, and the quality of seed cotton is poor.

Most of the 400 type enterprises are still on the sidelines; the 200 type enterprises and cotton traders are active.

The information staff suggested that the state take effective measures to curb the soaring trend of seed cotton purchase price.