Cotton Prices Have Risen By &Nbsp; Cotton Farmers Are Poor.
It is understood that there are 15% of the acquisition of manufacturers to suspend the acquisition, the acquisition of manufacturers day Buy The quantity is about 10 thousand jin - 30 thousand jin. Some cotton processing plants reflect this year's unexpected price. The rise of cotton prices has brought great pressure to cotton processing enterprises, and business risks have increased. Many enterprises are looking forward to cotton sighing, dare not buy and store, fear that the last stick will fall into their own hands. On the other hand, some areas also have the phenomenon of robbing cotton, especially some small processing factories.
at present Shandong The seed cotton has been basically picked up. Affected by rising cotton prices, Cotton grower Cotton is reluctant to sell. However, because of the serious reduction in cotton production and the decline in quality, although the cotton price is high, cotton farmers' income does not increase or decrease. This year, cotton production areas in Shandong, Dezhou, Binzhou, Liaocheng, Dongying and other places were generally affected by floods, and cotton production decreased severely, with a decrease of 20%-30%. Poor quality, the average lint percentage is lower than that of last year, and the average purchasing power is 4.
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