Tianjin: Cotton Agents In Other Provinces Drive Up Prices And Rush To Buy Cotton Resources

2010 new cotton year, Tianjin

It is reported that at the beginning of the beginning of September, cotton brokers from other provinces such as Xiajin, Wu Cheng, Dongying and Hebei, Xianxian County, Hejian, Xinji and some other provinces of Jiangsu in Shandong began to buy seed cotton in the villages of Ninghe, Jinghai and other cotton producing villages, especially in previous years.

Especially in the wa Kou village of Zhenjiang, Ninghe, at the peak of the takeover, there were 12 foreign seed cotton acquisition points.

Most of them dispersed and set up their own businesses. Some of them parked vehicles on the side of the road, hired local people, and some of them went to their own homes, regardless of the water quality index and quality level. More than 20 water were collected, and the price was increased by 0.1-0.2 yuan / Jin on the basis of the purchase price of the local cotton mill.

Each acquisition point can receive 4-5 kg / day at peak hours, and it can still receive 1-2 kg / day.

Due to the shortage of real estate cotton resources, local cotton processing enterprises are facing a situation of no cotton and can be bought. The price of seed cotton has risen from 7.20 yuan to 7.40 yuan per kilogram at the beginning of September, which has soared to 11.4 yuan / kg in the middle of October, and has repeatedly created a record high price of seed cotton in Tianjin.

Scramble for cotton

At present, under the situation of high cotton price and the decline of cotton quality, the risk of enterprise operation is increasing.

Cotton processing enterprises should be cautious to enter the market and purchase rationally so as to avoid market risks.

It is suggested that the relevant departments of the state should strengthen the management of the cotton market and severely crack down on adulterated and shoddy illegal activities and stabilize the cotton market.