Why Did Processing Enterprises Refuse To Buy Akesu Seed Cotton?

Constantly answering the phone, constantly asking for news, and rushing around in the countryside. In the past month, there were countless "Uncle" such as Wei Lian, and the six or seven men were partners in the boom of cotton prices, and they were shuttling in Xinjiang, the largest cotton producing area in China. They were haunted in cotton processing plants and fields. When they saw foreigners, they enthusiastically handed in a business card: cotton?

A cash in cotton means a shift in risk.

Yesterday (September 28th), Sun Cheng, who was the head of a cotton processing plant in Shihezi Town, Shihezi, Xinjiang, pointed to the pile of cotton in the factory area and said to the author, "cotton prices are soaring."

In September 27th, the owner of four cotton processing plants controlled by Zhejiang capital in Shihezi township was urgently ventilated on the phone. The next day, cotton prices were unified and depreciated by 0.1~0.2 yuan.

In fact, Zhejiang's capital in the whole cotton industry chain has been in a wait-and-see view. Whether buying cotton or not, the risk is like a volcano to be erupted, which makes people feel sleepless.

Cotton farmers hoarding cotton to stay up

Xinjiang cotton which has been delayed picking has suddenly increased its value in the past half a month.

This basic industrial raw material was picked from the field and sold to cotton traders as a "seed cotton". They sold it to the cotton processing plant. After processing, they were handed over to the cotton mill and then to the clothing factory.

By September 28th, the highest price in history was 8 yuan / kg of seed cotton, the highest in Shihezi area has sold to 10.5 yuan / kg, the highest in Akesu area reached 11.8 yuan / kg, a 15 year high cotton price.

This does not mean that cotton farmers can make a big profit.

Qu Zujin, more than 50 years old, came from Youyang, Chongqing. Eight years ago, her family went to Xinjiang to rent 40 mu of farmers in Shihezi township for 400 yuan per mu.

In the afternoon of September 28th, he drove cotton to local processing plants at a price of 10.2 yuan / kg.

"Never met such a good price this year", counting the 3500 yuan notes, Qu Zu Jin wiped the sweat from his forehead. He said: the cost of land rent, water charges, pesticides, fertilizers, labor costs and so on is 1000 yuan per mu.

If one mu of land is good, it can produce about 200 kilograms of cotton. In this calculation, net income per mu is less than 800 yuan.

"Sell early and feel steadfast", said Qu Zujin. The more recent prices, the more worried he was, "when might I fall down?"