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    Hebei Cotton Has Gained A Bumper Harvest And Cotton Price Is Low. Cotton Farmers Are Reluctant To Sell.

    2008/11/21 0:00:00 148

    Abstract: cotton has gained a good harvest this year in Hebei Province, but the cotton market is in the doldrums and cotton farmers are reluctant to sell cotton.

    Liu Chuang, a cotton grower in Guo Liulin village in Zaoqiang County, Hengshui, has planted 32 mu of cotton this year. Because of the good year's harvest, cotton has been bumper harvests, and nearly 7500 kilograms of cotton has been made at home.

    In previous years, he had counted the tickets sold in a large quantity of cotton, but this year, cotton was piled up in the house, and he did not sell anything at all.

    Cotton has gained a good harvest this year in Hebei Province, but the cotton market is in the doldrums and cotton farmers are reluctant to sell cotton.

    Liu Chuang, a cotton grower in Guo Liulin village in Zaoqiang County, Hengshui, has planted 32 mu of cotton this year. Because of the good year's harvest, cotton has been bumper harvests, and nearly 7500 kilograms of cotton has been made at home.

    In previous years, he had counted the tickets sold in a large quantity of cotton, but this year, cotton was piled up in the house, and he did not sell anything at all.

    Liu Chuang calculated an account: from the original tending seedlings to the harvest now, the actual cost per mu of cotton is over 800 yuan.

    According to the current market, Liu Chuang's actual income of cotton per mu is about 1100 yuan, so the net profit of cotton per mu is 100-300 yuan.

    The state adds millions of cotton to the market.

    In the context of the turbulent international financial situation, the cotton market has been severely suppressed.

    Recently, the Hebei provincial development and Reform Commission revealed that the national development and Reform Commission decided to add 1 million tons of cotton reserves to 12600 yuan per ton. In fact, the national development and Reform Commission was in "Tuo city", trying to restore the loss to cotton farmers.

    The price is about two yuan 80 Fen, which is higher than the market price. At least, the cotton growers who have worked hard for half a year will not lose money and help cotton farmers tide over difficulties.

    The provincial Cotton Association believes that the state's support market is intended to stabilize the cotton market and prevent the cotton planting from developing.

    Ask for more than cotton for future market

    The head of the economic and Trade Department of the Hebei provincial development and Reform Commission said that since the beginning of this year, the international financial market has been volatile, the US dollar and the euro have continued to depreciate, and the profits of textile and garment exports have plummeted and exports have been sluggish.

    In contrast, our cotton planting area increased by 150 thousand mu over the past year, reaching 10 million 350 thousand mu, and its output increased by 11 thousand tons, reaching 736 thousand tons.

    Demand has slowed down, output has increased and cotton prices have declined all the way.

    At present, the state has promulgated many favorable policies, such as increasing the export tax rebate quota of textile enterprises and lowering bank interest rates. These measures are promoting the textile industry to a certain extent.

    In addition, from the perspective of supply and demand, China's cotton production is expected to be less than 7 million 600 thousand tons this year, and the total demand will be around 10 million tons. Cotton enterprises need not lose confidence in the latter market.

          玉米農戶仍在期盼利好政策出臺

    Since November, with the introduction of the corn takeover policy, the first round of competition between the national macro-control policy and the market has officially begun.

    The biggest role of the policy is to enhance the market's faith and promote the price declines of most of the corn producing areas in the early stage.

    As the temperature continues to drop, the number of new corn in the northeast region continues to increase. Although the purchase price of 1500 yuan / ton has certain advantages for the deep corn enterprises which have begun to buy new grain, the majority of farmers in Northeast China do not move this policy.

    On the contrary, when the price of temporary purchase and storage is announced in the market, the daily purchasing volume of the large scale deep processing enterprises in Northeast China is increasing. This shows that most farmers are indifferent to the policy and are still looking forward to the further favorable policies.

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