According to the survey, 60% of the planting has been completed in Dezhou, Shandong, and it is expected to enter the final stage of the planting period after May Day. The actual local planting area is slightly higher than expected. Although agricultural inputs are higher year-on-year, due to the high price of seed cotton last year, most cotton farmers are looking forward to the benefits that seed cotton can bring this year.
In late April, the operating rate of ginneries in Dezhou is low. Only one or two ginneries in Wucheng area are still operating. Seed cotton and lint cotton are purchased and sold in small quantities. The ex-factory quotation of processed grade 3 real estate lint is at 21,300-21,600 yuan/ton, and the factory price of grade 4 lint cotton is 20,600-21,000 yuan/ton (gross weight with invoice). Market transactions are progressing slowly. With the opening of road transportation in various places, cottonseed purchasing and sales will gradually return to normal.
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