Recently, the ginners in Xian County of Hebei Province have tried every effort to look for customers actively; their lint has been sold better and better.
It is reported, at present, the following methods are adopted for spot transactions: the old customers should pay 80% of good payment firstly, and rest payment can be delayed; the quotation for new customers can be RMB30-50/ton lower. A person in charge of ginner shows, it will be no profit earned this year, so they will not mind these dozens tons. On the whole, the third grade lint is 13,900-14,000 yuan per ton in Jixian County, the fourth grade is 13,400-13,500 yuan per ton (calculate the gross weight, with invoice), it is balanced with last month.
On July 13th, unusual rainstorm appeared in Xian County, but there was no great loss produced for cotton production. In general, the cotton growth in this period is better than that of last year in this county, the average height of plant is 80-95 cm, the quantity of tress with bolls is 10-13, blossoms are 8-11, and cotton bolls are 6-10, matured bolls are 5-8.
