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    Cotton Farmers: The More They Fall, The More They Want To Sell.

    2010/11/24 8:40:00 45

    Cotton Farmers Fall In Price

       The villagers around the thirty Li Pu town in Gaotang County of Shandong province still remember clearly that two weeks ago, dozens of large cars buying cotton were lined up at the junctions leading to the town. On the 22 day, it became another scene. The acquisition of cotton has disappeared, and cotton purchasing enterprises and deep-processing enterprises have been closed down. "Crazy cotton" suddenly changed its face, and many cotton companies were "flashed".


    "4.1 yuan / Jin" is the price of some cotton processing enterprises in early September when Dezhou began to buy seed cotton. After that, cotton prices rose all the way, peaking in November 10th, and the purchase price of grade four seed cotton was 7.2 yuan / kg. In November 11th, an important turning point in cotton prices, seed cotton purchase price and lint price began to decline like roller coaster. On the 22 day, the purchase price of grade four seed cotton dropped to 5.5 yuan / kg, which was 1.7 yuan / Jin compared with 10 days. In November 21st, the purchase price of Shandong Wei Qiao textile group was lowered by 800 yuan / ton again. Wei bridge is known as the weathervane of the industry. In less than a month, it has cut down the price of lint for many times. Turning to cotton prices, some cotton processing enterprises in Shandong have been choosing to stop production and stop buying and get caught in wait and see. Cotton trading is almost stagnant.


    On the 22 day, in front of a cotton mill in Jin Hao Zhuang Town, Linqing City, there were 3 cars selling cotton, and nearly 20 people were watching at the door. A man was holding a box of poker in his hand. They are hawkers who buy cotton. They are buyers of cotton farmers and cotton enterprises. "The price is not stable now, and the cotton growers are reluctant to sell it. Now they go to the doorway of the mill to find out the price." The buyer, Lao Li, said that the nearby cotton factories were closed, and two cotton mills also received cotton, but the purchase price was not high. In front of a car, Mr. Meng, head of the cotton mill, looked at the cotton and said, "a catty of six yuan". Lao Li said gloomily, "I have six yuan to collect it, and I have to pay it back". The reporter has learned that Gaotang and Linqing more than 10 cotton purchase and processing in Liaocheng. enterprise All have been closed down. The backlog of lint varies from dozens to hundreds of tons.


    Dezhou is a big cotton producing city. For cotton prices, hot and cold, Ma Junkai, Deputy Secretary General of Dezhou Cotton Association, analyzed that the continuous decline of cotton prices was mainly due to the decline of cotton futures in the New York futures market, which led to the continuous decline of cotton futures in Zhengzhou commodity exchange, thus affecting domestic stock. market Cotton prices fell. Experts also analyzed that the cotton prices fell with the introduction of a series of national regulation. policy Of


       Cotton farmers: the more they fall, the more they want to sell.


    "Everything is raising money, the cotton will fall, and the more it falls, the more it will not sell." 22, reporters interviewed Dezhou Xiajin County North City Street Tang dike village cotton farmers Li Xiang Xiang, she said so. Li Yan Xiang has planted 10 mu of cotton this year, and has collected about 400 Jin per mu. She told reporters that her family's cotton had not been sold and waited until after the Spring Festival.


    "Cotton prices rose to 6.5 yuan / Jin when they stagnate." Li Liuzhuang, a village secretary of the North City street of Xiajin County, told reporters that cotton growers were looking forward to the continued rise in prices. The processing enterprises thought that the price of cotton was too high to buy, so the village had not traded cotton for more than 20 days in. "Less than 6 yuan / Jin, cotton farmers simply can not accept, reluctant to sell." Liu Zhi Shu said. Li Liuzhuang's 220 families have all planted cotton. So far, only two families have sold cotton in the village, and other village names are still hoarding.


    The five temple village of San Li Pu town, Gaotang County, Liaocheng, is a large cotton growing village. Almost every household in the village grows cotton, usually more than 10 mu in each family. "My family cotton for more than ten years, has never encountered such a high price, 7.5 yuan per catty, my home cotton is not picked up, want to sell when the price fell again." Villagers Miss Du said helplessly, the family still has more than 6000 Jin of cotton, but now is not willing to sell, can only wait for the price rise again.


    Reporters visited Liaocheng Gaotang County, San Li Pu five temple village, Qu Zhuang village and Jin Hao Zhuang Town understand that most cotton farmers do not sell cotton, because prices fell, many people have saved two thousand or three thousand catties of cotton and so on.


      Cotton enterprises: hoarding lint loss is not small.


    In Gaotang Lufeng Cotton Industry Co., Ltd., manager Wang Yuyou is lying on the bed with two boxes of Medicine on his bedside because "the factory has been shut down for more than a week." Wang Yuyou said that the cotton that was collected at 7 yuan per catty was processed into lint, and the cost price was 30 thousand yuan per ton. Now it can only be sold to about 26 thousand. The company has accumulated nearly 40 tons of lint, and now it has to pay nearly 200 thousand. "I can't sleep, I can't sleep. I can only sleep with sleeping pills." Wang Yuyou can't help but wait. In Gaotang Guangyi Cotton Industry Co., Ltd., the reporter saw a pile of lint two meters high in the factory. Liu Lizhong, manager of the company, said that the company had a backlog of more than 300 tons of lint, and the cost price was 29000 yuan per ton. Now the price is about 27000 yuan per ton. If we sell it now, we will have to pay about 600000. He hopes that the price will go up, at least to maintain capital.


    Qu Guangyong of Qu Zhuang village in Gaotang also runs a cotton mill, which usually receives cotton deep processing, but it has been closed for many days. "The cost of collecting cotton is too great. At the beginning, the cost of processing cotton lint is more than 30 thousand, but it costs only about twenty six or seven percent now." Qu Guangyong said that several cotton acquisition and deep processing enterprises now overstock three hundred or four hundred tons of lint.


    Reporters learned that Gaotang, Linqing more than 10 cotton acquisition and deep processing enterprises, have been closed down. The backlog of lint varies from dozens to hundreds of tons.


    "No cotton can be collected at all. Cotton farmers do not sell. There is no way to do that, but we can only wait and see." Wucheng county first cotton plant manager Liu Xianqing told reporters that the acquisition of less than cotton. "Our factory has been shut down for over a week." Liu manager said.


       Liu manager also told reporters that most of the processing enterprises have hoarding goods. "Before the high price acquisition, the price is down now, and the inventory losses are great." Manager Liu made an account of the journalist. The first cotton plant now has 700 tons of stock, and now it loses 2000 yuan per ton according to its previous purchase price. "We lost 1 million 400 thousand of that."

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