Survey: High Cotton Prices And Zhejiang Capital

Xinjiang Akesu is the first cotton town in China. The city Cotton yield Accounting for more than 12% of the country, Sha Ya county is the first cotton producing county in China, with more than 1 million mu of cotton planted. Here, tens of thousands of people eat "cotton rice". Only this one. Cotton industry chain Cotton seed - cotton ginning - spinning - cotton products are not necessarily prosperous. The cotton harvest is good this year.

Cotton in Zhengzhou futures exchange in October 8th and October 11th futures For two consecutive days, the price limit of 24325 yuan per ton has risen by nearly 40% compared with the lowest price of 17455 yuan / ton in September 1st. A record high, many of Zhejiang's capital has been full of money.

In order to find out why the cotton market in the past ten years arises, how long can the laughter come from this industry chain? During the National Day holiday, our reporter Zhang Yunshan and Huang Jingjing entered Qianjiang in Qianli to launch the cotton picking action in Qianjiang Evening News.

In Akesu, Peng Shiwei, a large cotton farmer who has contracted more than 6000 mu of land, can earn about 15000000 yuan this year by cotton. In the past, the Wenzhou people who had collected cotton from his field had not seen much. Because of the loss of money from spinning and spinning, Wenzhou owners rarely got together and played the "double" (Zhejiang's poker game) to kill time.

In September 29th, reporters started from Hangzhou, and they sat for 7.5 hours. Due to air traffic control, when reporters arrived in the cotton producing town of Akesu, it was already the 30 morning.

In Sha Ya county, the cotton purchase price of Tian tou has risen from 8.8 yuan / kg in the end of August to 12.7 yuan / kg in October 11th, or 36.4%, which is no worse than the futures market.

Dai Lu, chief executive of Akesu Agricultural Technology Extension Center, told reporters that cotton prices rose this year, mainly related to the weather. Xinjiang's weather is bad this year, and cotton production is down. In addition, speculators hoarding goods and some enterprises are also helping cotton.

The reporter understands, the main reason that this cotton rises in price is cotton supply and demand situation is tight, supply exceeds demand. At present, the demand for textile and clothing has increased significantly. In 2010 1~8, the export volume of domestic textile and clothing increased by 24% over the same period last year, while the total output of cotton in China will decrease by 12.4% over the previous year, to 7 million tons, the largest decline in cotton production since 2000. According to the production and storage data, China's cotton production and demand gap reached 2 million 580 thousand tons in 2009~2010, an expansion of 1 million 170 thousand tons over the previous year.

Global cotton supply is also not optimistic. According to the US Department of agriculture's global cotton supply and demand forecast data, the global cotton supply in 2010/2011 decreased 6.6% compared with the same period last year, the demand statistics increased by 4.68%, and the inventory consumption ratio dropped to 36%, reaching a new low in 21 years. On the one hand, cotton production is reduced, on the other hand, the demand is strong, which has made this year's cotton craziness.

Along the rural roads in Akesu, all the cotton cars are running along the road. Local farmers and other cotton pick-up on the roadside, so that daily income also tens of dollars. After the rise of cotton, many Cotton Traders went directly to the ground to buy cotton, giving them higher prices than the surrounding cotton ginning plants. The cotton picked up was stolen directly from Cotton Traders without air drying, and cotton really became "Platinum" in the hands of cotton growers.

After the rise in cotton prices, the spinning mill had to cut production. Teng Minli, chairman of Xinjiang Sha Ya Hongli Textile Co., Ltd., said that the processing of 1 tons of yarn now needs to lose 3000 yuan. The consequences of high cotton price are only two, or raise the spinning factory price or stop production and rest. In order to deal with the high price cotton, many cotton spinning enterprises take the initiative to reduce the production of cotton textiles, increase the use of viscose fiber and polyester fiber to overcome the pressure caused by the rising cotton price.

In Hangzhou Sijiqing fabric wholesale market, after entering October, the wholesale price of cotton cloth is also rolling up. The wholesale price of cotton fabric in August is 36 yuan / kg, 38 yuan / kg in September, and 42 yuan / kg in October. In the first three days of October, the average price of cotton cloth rose by 5% per metre per day. "I want to buy cotton padded clothes. I'll start early. I guess it will increase by 50% at the end of the year." According to the owner of a spinning mill, cotton has become a "noble" class this year. The pressure of rising cotton prices has been passed on to consumers.