Cotton Prices Fall, Cotton Farmers Get Hurt
"Do you accept cotton? You are sold at 14 yuan per kilogram."
"Your cotton is not very good. Now the cotton price has dropped down. I only accept the good cotton, but the cotton will not accept it." yesterday Wang Xiulai, a cotton grower in Baishui Town, Lin Hai City, picked up two loads of cotton and sold it to the town.
Before and after the difference of ten days, how did cotton traders say so fast? This year, Wang Xiulai planted more than 9 acres of cotton, a total of 1850 kilograms of seed cotton. In the early days when the market was good, Wang Xiulai always wanted to wait for inflation to sell again. At that time, cotton traders were shopping at home every day. Wang Xiulai was not willing to sell only a small part. Unexpectedly, in just a half month, no one came to buy him now, and even more puzzled him was that cotton prices fell or fell.
"Wait and see" becomes the only cotton grower. Choice
Since the launch of cotton in August of this year, there has been a continuous increase in the price of cotton. However, cotton prices fluctuated sharply in recent years. Cotton futures first fell rapidly and then spread to the cotton spot market. Despite the ups and downs of the cotton market in the future, many cotton growers and cotton traders are still looking forward to the cotton market in the future.
What worries Wang Xiulai most is the price of contracted land. When cotton prices rose to 12 yuan per kilogram, Wang Xiulai and other cotton growers signed a land contract next year. As the cotton price rose, land contract fees rose, from 300 yuan / mu to 350 yuan / mu. Only 1 months after signing the contract, the cotton price has come down.
Speaking of future plans, Wang Xiu said, "what can be done if prices rise or fall? Wait and see!"
Cotton traders only choose good quality cotton.
Cotton is falling down at a price a day, so that traders who come to buy cotton have more and more quality requirements. Higher 。
Some cotton farmers told reporters that a few days ago, in addition to picking up the cotton in the morning, because of the need for sun drying, picking in the afternoon basically do not need sun, traders immediately through the scale to pull away. Now, when the cotton is picked up, it must be set in the sun to dry up.
Hu Jinmei, who has been selling cotton for many years, has been doing cotton business for 32 years. However, according to her experience of doing business for many years, the cotton market in the later period should be warmer. In any case, the change of cotton prices is closely related to the relationship between supply and demand. She said that the cotton planting area in Taizhou was less than 10 thousand mu, and the output was flat last year. There was a shortage of supply and demand in the market.
At the moment, though many cotton traders still wait and see, Hu Jinmei still opens a warehouse to buy cotton seeds from cotton growers. She said that it is good now that she no longer begged cotton farmers, and had more say in terms of price and quality.
Cotton prices rise and fall
When the frenzied cotton prices fluctuate, many cotton farmers in our city are reluctant to sell, hoping that cotton prices will rise again and again, but little is known about the fluctuation of cotton prices. Cotton prices rise and fall and hurt farmers.
Lin Genshou, an agricultural analyst at Yongan, Taizhou, said: "in November, domestic cotton prices surged and plummeted, and cotton prices soared in the beginning of the month. In just 10 days, the price rose by 4000 yuan / ton, or nearly 16%, and the highest point was seen in November 10th. Then cotton spot and futures plummeted, and the trend continued to the end of the month. In November, the highest level was 33425 yuan / ton, with a minimum of 25605 yuan / ton, with a magnitude of 30%.
However, Lin Genshou also reminded the vast number of cotton growers and cotton dealers to pay attention to the cotton market, while paying attention to the policy direction of the country. In addition, due to the impact of domestic cotton production and other factors, China's cotton market demand gap still exists, so cotton prices will not decline as much as in 2006, but in reasonable operation within the scope of national regulation.
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