Cotton Prices Fell Suddenly By &Nbsp; Cotton Farmers And Cotton Traders Took A Wait-And-See Attitude.

"November is the peak season for cotton purchasing and processing, but this year's situation is a bit deserted."

In Nangong Jin Yuan cotton company, only seven or eight workers are picking up cotton before processing.

On November 16th, the company's cotton processing machine did not start running.

The corner of the factory is stacked with some processed cotton bags, and it looks lonely on the spacious grounds.

According to Wang Changying, general manager of the company, the processing capacity of the company is 40 tons of lint per day, and its annual output is 3000~4000 tons in previous years.

So far, the output of this year is less than 1000 tons.

China cotton group Nangong cotton company started better than Jin Yuan company, but according to general manager Ma Bufeng, this year's situation is not as good as in previous years.

Several big words at the door of the company were particularly noticeable, "welcome to sell cotton," but no one came to sell cotton during the interview.

Nangong Shichao textile printing and dyeing Co., Ltd. is a cotton processing company.

Affected by the sharp rise in cotton prices, cotton yarn market continued to bullish, textile enterprises to increase the cost of locking up the procurement of raw materials for cotton.

Since the new cotton year, cotton processing enterprises are basically not worried about sales.

But why are cotton processing enterprises in Nangong relatively deserted?

Affected by the weather, cotton planting in Nangong has been delayed for 1 months this year, which delayed the cotton picking time.

The local cotton growers are used to pick up and pick up the cotton in the field and sell them together. Until mid November, many cotton farmers had not finished sorting all the cotton and could not sell them for sale.

The reporter saw at the home of the cotton grower Hou Lan Hua, who lives in Daguan village, Nangong. The cotton picked by her family was stacked in the storeroom this year, and there was a small pile of cotton bolls that had not been sorted out in the middle of the courtyard.

Because of the lack of manpower and the slow progress of picking, her family did not sell a jin of cotton this year.

According to the relevant personnel of Nangong agriculture department and cotton processing enterprise, the new cotton is only about half sold this year.

Another important factor affecting the acquisition of new cotton is the sharp fluctuation of cotton prices this year.

According to reports, in early September of this year, enterprises started to scale cotton, and the seed cotton price was 6.8 yuan / kg at that time.

Since then, cotton prices have been rising, and the purchase price of local seed cotton has reached 14.4 yuan per kilogram.

Cotton prices change every day, causing many cotton farmers to sell their minds. The more the price goes up, the more willing they are to "cover".

In November 12th, cotton prices fell suddenly. On the 15 day, the price of local seed cotton dropped to 11 yuan / kg.

Ma Bufeng, general manager of Nangong cotton company of China cotton group, said cotton farmers and cotton traders all took a wait-and-see attitude because of the sudden fall in cotton prices. "No deal has been made in the past two days".

Cotton price "roller coaster" trend not only makes cotton processing enterprises encounter difficulties, but also brings high operating risks to enterprises.

In order to reduce the risks brought by high cotton prices, several cotton processing enterprises in Nangong mostly adopt fast selling strategy and follow the strategy of buying and selling.

The average cotton purchase cost of Jin Yuan cotton company is 26000 yuan / ton, and the average cotton purchase cost of Nangong cotton company of China cotton group is about 26500 yuan / ton.

Since the beginning of this year, the production cost of cotton processing enterprises has also increased, and the wages of workers have increased by 20% on average. The price of cotton bags has risen from 6 yuan to 10 yuan per year, and the processing cost is currently 300~500 yuan / ton.

Jin Yuan cotton company sold the lint price of 31500 yuan / ton, according to this price, the company has a good profit, but cotton prices fell, the company also faces risks.

Wang Jun, head of the world textile company, said that the cotton processing link was profitable this year.

But now cotton prices fluctuate too much, and it is hard to say whether we can keep the whole year profitable.

"The cotton price of" 30 thousand yuan per ton "has deviated from the law of value.

I've been doing cotton for 19 years, and I haven't had that happen before. "

With regard to the question of why cotton prices are so high this year, the experienced guy Shin Shin believes that speculation on hot money is an important factor on the basis of supply and demand gaps.

But in Nangong, the phenomenon of speculation and hoarding is not obvious.

Wang Changying told reporters that the price of cotton is high this year. The acquisition of cotton by processing enterprises will take up a lot of money, while the Agricultural Development Bank of China will still make loans at the price of 15000 yuan / ton, and the loan will be in place after the sale of lint, so that the capital problem of cotton purchase can not be solved.

Without abundant capital, it is impossible to hoarse and hype cotton.

"We hope that cotton prices will be stable, and the processing enterprises will have a reasonable profit margin."

Gai Shuxin's words reflect the general appeal of cotton processing enterprises in Nangong.