Xinjiang Cotton Association: Seed Cotton Picking In Late Stage

As of October 31st, the region acquired 781 thousand and 600 tons of lint cotton, down 44.82% from the same period last year, accounting for the whole region.

As of October 31st, the total sales of lint 140 thousand and 800 tons in the region decreased by 5.06% compared with the same period last year, and the average selling price of standard grade was between 24700 yuan / ton -26500 yuan / ton.

Supplement:

Affected by the price of cotton market, many cotton farmers in the region appear to be waiting for a price to wait and see, and the accumulation of the picked cotton directly affects the acquisition progress of new cotton in the region.

In October 30th, reporters saw the cotton purchase points near the West Bridge in Akesu. Compared with the busy scenes in previous years, the cotton farmers who were preparing to sell cotton at the cotton purchase points decreased significantly this year. Only a few cotton farmers were coming to sell cotton after driving the tractors.

In the home of Li Changming, a cotton farmer in kkukla village, calata Town, Akesu, the reporter saw one of the houses stacked with cotton.

He told reporters that although cotton prices are already high, they want to wait and see whether they will continue to rise.

Cotton farmers with the same idea as Li Changming are not in the minority. Because of the high expectations of cotton prices, many cotton growers have hoarded the harvested cotton and do not sell them.

At the same time, some cotton enterprises in the region are also waiting to see and wait.

From regional statistics, since September 20th, the acquisition of new cotton has started to scale. As of now, the total cotton purchase has been 112 thousand tons (lint), less than half of the same period last year.