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Dezhou Cotton Association: Dezhou'S Cotton Shortfall Is 380 Thousand Tons This Year.

2010/10/27 14:46:00 54

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according to

Dezhou City

The head of the Cotton Association said that the cotton planting area in Dezhou was only 1 million 550 thousand mu this year, a decrease of 32% over the previous year, the smallest area in nearly 11 years.

In the middle and August of August, a continuous high intensity rainfall and cloudy weather occurred in the city, which had a great impact on cotton yield and quality.

cotton

The average yield per mu was reduced by more than 20% over the normal year.

Dezhou began to buy new cotton from September 8th. The initial purchase price of seed cotton was about 4.20 yuan / kg. After that, the purchase price continued to rise. After October, the average purchasing price of 15 Dezhou was basically stable at 5.75 yuan / Jin, and the quality was better than 5.90 yuan / Jin. In a month or so, it increased by 1.50 yuan / kg, up 2.30 yuan over the same period last year, or 68%.

Cotton prices continue to rise, which is a good thing for farmers.

"The main reason for the recent surge in cotton prices is that this year's nationwide cotton production cut and the gap between supply and demand increased, causing panic.

The demand for cotton in China is 10 million 500 thousand tons, while the actual output is less than 7 million tons, with a gap of more than 3 million 500 thousand tons.

Dezhou's cotton planting area has been greatly reduced this year. In August, it suffered severe floods. Cotton production was reduced by more than 20%. The total output of the city was only about 120 thousand tons, and the demand for textile cotton in the whole city was nearly 500 thousand tons.

Dezhou supply and Marketing Association

Cotton Association

Ma Junkai, vice president, told the author.

Industry experts analyzed that cotton prices rose sharply in recent years, both factors of cotton production reduction and suspicion of malicious speculation were irrational gains.

In recent years, cotton prices have gone up too fast, and their prices have increased too fast. The price has been delayed in the downstream industries such as textiles, weaving, clothing and so on. It is still unknown whether the follow up industry can afford it or not.

At present, cotton price is at the highest price in history. High cotton price means high risk. The city cotton association suggests that cotton processing enterprises should analyze calmly, cautiously purchase and guard against risks. At the same time, remind cotton farmers to keep abreast of cotton prices and sell them at a timely rate, so as to avoid falling cotton prices and reducing revenue.