Wen Shang Xinjiang Fried Cotton &Nbsp Again; Cotton Price Rose 40% In A Month, Breaking Ten Years Record.

Go up! Up! Up!

In October 13th, the Zhengzhou futures exchange cotton The price has been renewed again, reaching 23932 yuan / ton. The price rose by 40% compared with the quotations a month ago, double the price of cotton in the same period last year. "Crazy cotton" has not only created the highest record in 10 years in China, but also broke through the highest price of international cotton price in 15 years.

As of October 15th, cotton accounted for 40% of the total cotton production in Xinjiang. Buy The highest price has reached 12 yuan / kg, nearly two times that of last year. The soaring cotton price has ushered in a cotton field in Xinjiang. market The most chaotic and tangled harvest season in history has begun.

A war of reselling and selling

At two o'clock in the night, in the regiment of a production and Construction Corps in the eight division of Xinjiang agriculture, the street lamps were bright and pedestrians were woven. All the highways were "500 meters in a post, 2000 meters in a whistle". On the highway outside the regiment, the adjacent Corps assigned their respective responsible sections. The traffic police, the Public Security Bureau and the Corps cadres were all dispatched. All the traffic must be opened and checked.

If I do not know what I think is a major safety issue, in fact, this is just a protective net for "selling cotton instead".

In September, cotton picking just started, "cotton purchase price will be much higher than in previous years", "explosive news" has spread, but the Corps of cotton farmers after a short excitement after falling into a loss.

Because the cotton planting of the regiment should enjoy the preferential policies such as state tax and subsidy, it must also complete the purchase according to the unified pricing of the state. This is also a prerequisite for cotton farmers to contract farmland in the Corps. According to convention, "unified pricing" is lower than the market price. Therefore, the higher market price will not bring "business opportunities" to the cotton farmers of the Corps.

According to Wang Xiaochen, a large cotton farmer, the leaders of the corps have revealed in the "autumn harvest mobilization conference" that this year's cotton purchase price is around 8.5 yuan / kg. Since the merger of the regiment's cotton purchase and settlement was carried out at the end of the year, the "temporary pricing" is now announced, but according to past years, the "settlement price" is generally in line with the "provisional pricing".

Wang Xiaochen calculated an account. He contracted a total of 500 acres of cotton fields this year. The total output is estimated to be 150 tons. According to the "unified pricing" of 8.5 yuan / kg, he can get about 1200000 yuan, but according to the market price 12 yuan / kg, he can get about 1800000 yuan. "The difference of 600 thousand is enough to make people desperate."

The big families are boiling blood, and the small families are hard to calm down. Over the past month, many unfamiliar faces appeared in the field. They called themselves "cotton brokers", and cotton growers called them "Grandpa". They handed their business cards to the cotton growers, who wrote the way of contact, the place of purchase and the purchase price. Looking at several business cards in the hand, the price is already high enough to make people blush and heartbeat. How can cotton growers sit still?

As a result, the idea of "scalping" got into the hearts of many people. Many cotton farmers' warehouses are filled with picked cotton, and cotton farmers are desperately looking for holes that can be drilled. "If the highway is to be searched, I will take the dirt road and have strict management during the day, so I will sell it in the evening. I'll earn thousands of dollars if I sell a car! "Wang Peng, a cotton grower, said excitedly.

Hundreds of kilometers away from the temporary private takeover station, cotton has been piled up into hills and vehicles are flowing continuously. In order to speed up the flow rate, the acquisition station used the weighbridge and even weighed the weight of the car and cotton, and deducted the vehicle weight. "It's all cash settled, and the boss is sitting on the money chest waiting for cotton." Wang Peng said.

In Xinjiang, cotton planting is divided into two types: "corps planting" and "local planting". The cotton of the regiment is purchased by the state and the local cotton is allowed to freely trade. In previous years, because the price of cotton was stable, although the national purchase price was lower than the market price, the difference was not too large. Therefore, the "acquisition of the corps" and the "free trade" on the local side were generally carried out independently and non-interference.

But this year, under the temptation of the high price difference, the "private sale" of the cotton growers of the regiment showed a rare prairie fire, and the "Grandpa" also built up the acquisition station in the vicinity of the nearby Regiment under the encouragement of the price continues to rise, waiting for the cotton spanport truck of the corps to rush out of the checkpoints at the checkpoints and come to the spanaction.

And the regiment directly under the state owned cotton processing plant is particularly cold and cheerless. This is the designated purchasing place of the regiment. All the corps cotton should be sent directly to the treasury through a unified processing and packing. However, in the past years, the "long dragon" was missing. Some were only a few pieces of cotton conveying trucks, and the cotton stacks were also shorter than in previous years. The factory manager of a cotton processing plant said: "now the number of acquisitions is less than 1/3 of last year, and our five workshops now only operate two."

The general office of the people's Government of the Xinjiang Uygur Autonomous Region recently issued an urgent notice demanding that the work of stabilizing the cotton market be done effectively. Many Corps leaders set up a "defensive sale" protection net in person. Cotton growers can't afford to give up easily, but start to hoard their goods at home and wait for "wind" to play again in the past.

In November, cotton picking and acquisition will be over. Will cotton purchasers abandon the acquisition of cotton corps? Will the corps cotton farmers miss the last opportunity to make a fortune? This war of "scalping" and "buying back" is bound to usher in the final battle.

The trouble of hoarding cotton: a shortage of cotton picker

Akesu is the largest cotton producing area in Xinjiang. Its cotton output accounts for 35% of Xinjiang's total, accounting for 10% of the country's total cotton production. According to industry estimates, according to the market purchase price of 12 yuan / kg, with the output of 300 kilograms per mu, Akesu's 4 million 500 thousand acres of cotton fields will produce 16 billion 200 million yuan output value, after deducting the cost of 1500 yuan per mu, this year's "crazy cotton" can contribute 9 billion 450 million yuan to Akesu area.

This autumn, many millionaires and multimillionaires in Akesu, especially the farmers who contracted large farms, were "killing red eyes and selling crazy hearts". Some millions of farmers who are in hand are still regretting with their breast beating: "seeing that prices are rising every day, they should be sold later."

For many years, the the Xinjiang Uygur Autonomous Region government has encouraged many farmers to reclaim wasteland, and has offered many favorable conditions such as tax-free and low interest loans. Therefore, converting thousands of acres of wasteland into fertile fields has become the most popular and profitable way of farming. With the cotton price calculated this year, as long as the contracted area is above 300 mu, it can basically get millions of yuan annual income, let alone many farmers who have thousands of acres of good farmland.

In addition to the "top notch" farmers, small farmers have also made a great contribution. Many purchasing stations have sent the delivery vehicles directly to the cotton fields to compete for resources. If they are picked, they can be weighed and paid immediately. Cotton growers are faced with a gratifying scene in short supply. They can also lift their prices up and down, or simply store cotton in their homes, and patiently wait for higher cotton prices. Akesu cotton grower Ma Nan Nan said: "in Akesu, almost every family is hoarding cotton, but the quantity is different. "Warehousing needs warehousing, and there is money to turn around on hand, so it is not urgent to ask for money."

The frenzied climbing of cotton prices has also brought trouble to cotton growers. The shortage of cotton pickers immediately took the opportunity to raise labor costs and wanted to seize the opportunity. Compared with previous years, the wages of cotton picker have doubled to 2 yuan / kg, and a cotton picker can earn two hundred or three hundred yuan a day, but even so, it is difficult to recruit people.

Wang Shaoning, Deputy Secretary General of the the Xinjiang Uygur Autonomous Region government, told reporters that the shortage of cotton pickers was mainly due to the low cotton production in Xinjiang last year, which led to the low income of cotton pickers and this year's enthusiasm. In addition, some labor exporting provinces are more inclined to solve local employment problems, so Xinjiang has seen a rare "labor shortage" this year. For example, this year, the six Division of agriculture has grown 650 thousand mu of cotton and needs 43 thousand cotton workers, with a shortfall of 16 thousand. Xinjiang, such as Bo Zhou, Kuitun, Wusu and so on, also faces the problem of shortage of cotton picker at various levels. For various reasons, the gap of cotton picker can not be counted. At present, Xinjiang is negotiating with Gansu, Shaanxi and other places to quickly mobilize cotton picker and do well in autumn harvest.

Cotton growers who are still stockpiling are struggling because cotton picking and acquisition are almost simultaneous. In two months or so, cotton picking three to five batches will be picked every 10 days or so. Now, because of the hoarding of goods, the first batch of cotton picked has been hoarding at home and has not been converted into cash, and the second batch of cotton picking labor costs suddenly increase, which requires "massive bleeding" and cash flow is a problem. Add the cotton and so on, so long as the next light rain, cotton will be rotted in the ground, then it will not be worth a penny. Therefore, cotton farmers have to clear up their inventory as soon as possible and get cash to cope with the subsequent large employment expenditure. {page_break}

Ma Nan Nan, a cotton grower, said: "I wanted to take this opportunity to make some money, but now I can't afford to hire cotton pickers. I'm worried that cotton is going to rot in the ground. It's hard to get back.

Most of the acquirers are "born face": 80% are Wenzhou people.

In recent years, because cotton prices have not been high, farmers' enthusiasm for cotton planting has not been mobilized, resulting in the reduction of cotton planting area and the decline of cotton production in China. According to statistics, in 2009, there was a shortage of 5 million tons of cotton in China. This year, because of the low temperature, and the major cotton producing areas in China mostly suffered from ice and snow disasters, such as Xinjiang, Shandong and Anhui, the decline in production is a foregone conclusion. In addition, as the international cotton prices continue to rise and the strength of the breaking peaks is strong, it is not surprising that Xinjiang's cotton prices are rising wildly.

The crazy cotton attracted a large number of hot money into the border area.

According to media reports, the data from the Zhejiang chamber of Commerce in Xinjiang showed that there were 250 thousand businessmen in Zhejiang in Xinjiang. With the increase of cotton prices in Xinjiang, at least 10 billion yuan of Zhejiang's private capital was evacuated from Shanxi's coal and real estate market this year, and fought in Xinjiang's cotton market.

Although the head of the Xinjiang Zhejiang chamber of Commerce has clarified that this data has not been released, insiders say that the amount of investment is only 10 billion yuan.

In the interview, all cotton growers said: 80% of the people who do cotton business in Xinjiang are Wenzhou people. Some only do circulation, earn the difference between import and export, and some are also running private cotton processing plants locally, providing simple processing cotton textiles for the mainland enterprises.

But unlike in previous years, Zhejiang's "old buyers" familiar with cotton growers are missing this year. Ma Nan Nan, a cotton grower, said that at the time of this year, dozens of "old buyers" came to Akesu to buy cotton. Most of them were familiar with cotton growers, and had been dealing with them for many years. But this year, they met one or two acquaintances, and more were "born face".

Compared with the old buyers, these "faces" are even more vigorous. They not only appear in the field of cotton main production area, but also often appear on the roads leading to cotton processing plants. They call the price along the road or directly raise the price of the trucks. The crisp call price, one point 10 Fen bargaining, cash payment on the spot, and the amazing volume of demand are the biggest features of the cotton buyer this year.

Compared with "born face", "old buyers" appear more rational in the face of this year's "crazy cotton price". A "old buyer" told reporters that the current purchase price is very abnormal, far higher than the steady price in previous years, worried that a large number of takeover will wait for the sudden drop in the price of bad news, when the high price of cotton will be hit in the hands, he would like to wait and see. "Cotton prices should go down, and until I drop to 10 yuan / kg, I will buy a lot."

"We have been buying cotton for many years, all of which are normal businesses. Those" born faces "are here to" hype ", and the market price is lifted up by them, so that we can not do business. The old buyer said.

Wang Shaoning, Deputy Secretary General of the the Xinjiang Uygur Autonomous Region government, believes that the abnormal inflation of cotton prices in Xinjiang is closely related to the malicious speculation of some hot money, the drive to raise prices and hoarding goods. He emphasized again and again that we must crack down on illegal operations and safeguard the order of the cotton market. At the same time, we must tighten credit checks and prohibit commercial banks from issuing loans to individuals and individuals engaged in cotton purchase.

Processing enterprises can not afford "high price" cotton: most of them are closed down.

Cotton may still be able to buy cotton, which is already an ant on a hot pot.

Such a "Crazy" cotton purchase price makes many cotton processing enterprises ride the tiger. Fang Hongyan, general manager of Tianshan cotton industry in Akesu, Xinjiang, said that the acquisition cost per ton of cotton now exceeds 25000 yuan, while the processing delivery price is 24000 yuan per ton. Cotton processing prices are also rising, but they are obviously not up to the speed of the purchase price, and many processing orders were signed last year, and prices were set at last year's level. "It looks like they are doomed to lose money."

Hong Ping, deputy general manager of Xinjiang silver force cotton industry (Group), told reporters that cotton purchase price remained high. Cotton processing enterprises also did not dare to purchase large quantities of goods, otherwise the cost would be too high. Even if lint was processed, no cotton spinning enterprises would dare to accept the dish. Moreover, the "puffiness" of cotton purchase price has led to "price free market", and few processing enterprises are willing to buy "sky price" cotton.

In many cotton processing factories in Xinjiang, we can see the situation of machine stopping and workers closing. In a cotton processing plant in Akesu, the workers have been resting for 12 days and have recently resumed their work. The cotton processing plant with a design capacity of 6000 tons now has less than 2000 tons of daily processing capacity. But because of the agreement on supply and marketing with the cooperative cotton mills every year, they do not have to buy the seed cotton at high price. "The risk has been spanferred from cotton traders to our link." The factory owner said, "I am losing money in doing business now."

As many cotton processing enterprises have already signed the supply order, they have to buy a "high price cotton" loan. According to some cotton processing enterprises, in the past year, 30 million yuan of funds could buy nearly 2800 tons of cotton at a time, and this year's funds can only receive more than 1400 tons. The shortage of funds almost plagued every cotton processing enterprise in Xinjiang.

Chen Shiwen, executive vice president of the Wenzhou chamber of Commerce in Akesu, said that at the moment, the acquisition of local enterprises mainly depends on their own funds and the deposit of their customers. Once the cotton purchase reaches its peak, enterprises will face greater financial pressure.

The local financial sector is also worried about this. Due to the frequent fluctuations of domestic cotton prices in recent years, agricultural banks and other state-owned commercial banks or the withdrawal of cotton purchase or the scale of tightening credit funds, the financial units that support the acquisition of cotton enterprises now only have agricultural development banks and rural credit cooperatives. Restricted by the scale of funds, the funds that enterprises can lend from the rural credit cooperatives are too few to meet the needs of the actual acquisition. Therefore, the Agricultural Development Bank has become the only "life-saving straw".

However, according to Ding Xingui, director of the two branch of the Xinjiang branch of the Agricultural Development Bank of China, because cotton processing enterprises are generally small and fixed assets are not more than 20 million yuan, they often have to borrow hundreds of millions of yuan to acquire funds.