Cotton Farmers Hoarding Goods Waiting For Cotton Prices To Pick Up

　 Because of the ups and downs of cotton prices, many enterprises are facing difficulties in their production and operation. In Jinxi Development Zone, the sale of cotton, cotton and products in many textile and cotton enterprises is also locked in this "life and death chain". Just as cotton growers look forward to a new high cotton price, cotton prices plunge to surprise cotton growers.

Just as cotton growers look forward to a new high cotton price, cotton prices plunge to surprise cotton growers. Yesterday, Chen Zhisong, a cotton purchasing station in Luo Bu Town, Jinhua, Zhejiang, said that the purchase price of Zi cotton has dropped to 12.4 yuan / kg.

It is understood that Wucheng District Luo Bu, Yang Bu, Tang Xi, Jiang Tang and Lanxi are the main cotton producing areas in our city, with an area of 42 thousand mu. This year, from the end of August, cotton prices began to climb, and the price climbed almost twice as much as before. At the highest level, the purchase price of Zi cotton reached 14.2 yuan / kg. At that time, cotton growers kept hoarding cotton for sale, and always wanted to wait until the price of cotton rose to " Commanding elevation Let's play again. However, cotton farmers did not expect that the "cold winter" of cotton market suddenly arrived. Chen Zhisong said that these days the surrounding towns, as well as sensitive cotton farmers in Lanxi and Longyou, worry about lower prices and want to take the opportunity to do so. Sell off They came to sell cotton one after another. But his cotton purchase station is temporarily in the "half stop purchase" state. "The cotton price we bought in November is already too high. In order to pull back the cost and fear that the price will fall again, we can only choose to wait and see."

　　 As cotton prices rise and fall, many enterprise Production and management are in trouble. In Jinxi Development Zone, the sale of cotton, cotton and products in many textile and cotton enterprises is also locked in this "life and death chain".