Those Who Fry Cotton Sigh.

Yesterday, he went back to the field to pull back a cart of cotton, hoping to be like stocks. "

A friend who had done business in Dongguan, seeing that the cotton market was good, raised 10 million yuan with a few friends. Last year, she returned to Pengze, a native of Jiangxi, where she was rich in cotton. She started a lint processing factory, but she took an unprecedented cotton price "roller coaster", which made him unable to control.

Cotton seeds are usually picked by cotton farmers for a few days before they are sold to the purchasers. This year, however, this is not the case. Many buyers of new faces are rushing in, and they have not been asked to trade in the field directly after picking up the seeds.

Different purchasers offer different prices. Today, you get 4 yuan and 1 cents a pound. Tomorrow, he will get 4 yuan and 2 cents, and the day after tomorrow, another person will get 4 yuan and 3 cents.

In previous years, the purchase price of a catty cotton seed was about 3 yuan, and the highest price last year was only about 3.5 yuan. However, the price has risen sharply this year, and even some people have said that cotton price may reach 10 yuan per catty.

Along with the market, Alfred has been raising prices to buy new cotton since September of this year. Last month he bought dozens of tons of 6.7 yuan / Jin, and the purchase price of better cotton was even higher, reaching 7 yuan a Jin.

"It's not so easy to buy cotton. Everyone is fighting. Many of them are booked through relatives and friends. Some of them don't talk about specific prices. They only say that they are collected at market prices, and now the prices are falling. Not only do they suffer heavy losses, but they are also complaining by their relatives and friends, and even the father of the Yue Yue is scolding me for dragging him down.

Alfred yesterday accepted the first financial daily interview that he is in a difficult position and some of the funds are still borrowed from the bank, but none of the former customers has seen it in the warehouse.

Alfred said that he did not deliberately hoarded cotton. When cotton prices rose, the downstream cotton mills were very active in buying, but cotton prices changed one day, lint processing profits were very thin, and a kilogram of lint could earn 10 Fen. Once the processed lint was sold, the cost of cotton purchased tomorrow might be higher than the price of the lint sold now. I think there are so many buyers who are not in a hurry to sell them.

Cotton farmers are also mindset, watching cotton prices rise every day and not rushing to sell their cotton.

Affected by weather and other factors, cotton production in Pengze County of Jiangxi has been greatly reduced this year. The per unit yield of seed cotton is estimated at 400~450 Jin / mu, down by more than 20% compared with last year.

As of November 9th, the harvest rate of local cotton picking was about 70%, and some cotton growers were optimistic about the future market and holding cotton for sale. The sales volume accounted for only 40% of the picking quantity.

Gao Changjiang, also known as Alifu, has recently made several calls from Dongguan to the father-in-law of Pengze's home grown cotton, and asked him to sell the cotton on hand.

Before the state promulgated macro-control policies, he found cotton prices were not right.

He counted an account. If the price of 6.3~6.5 cotton seed purchase price is 4 yuan / jin at the local level, the price of lint 4 will be 28000~29000 yuan / ton, while the market paction price will be 28000~28500 yuan / ton, and some enterprises have already bought and sold upside down phenomenon.

Now cotton price has dropped to 5 yuan / Jin from the highest peak of 7.7 yuan / Jin in less than a month.

Downstream cotton mills, clothing enterprises immediately in the wait-and-see.

Some time ago, as cotton prices continued to rise, domestic clothing rose generally in 20%~30%, and the cost pressure faced by export enterprises was even greater.

Selling clothes is not as good as selling cotton and selling cloth. The whole industry chain is in a deformity.

Wang Yisheng, who is doing the business of children's wear, told the newspaper that a children's down jacket is seven hundred or eight hundred yuan in the domestic retail price, and 300 yuan for a children's jeans, which takes account of both the inside and outside markets. He obviously feels that as the price continues to rise, the number of overseas customers is less and less, and the order is reduced by at least 20%.

Recently, a series of control measures have played a significant role in restraining market speculation.

The price of Xinjiang lint purchase and sale fell synchronously with other cotton regions in the mainland, which was about 20% lower than the highest price.

Alfred said he could understand the policy, and cotton prices need to be returned to a reasonable price. However, the state should prevent the rise of cotton prices earlier, and the policy of control should be considered more comprehensively from all aspects of the industrial chain.

Alfred and many of the lint makers around him were in deep mire of loss. He said that now that some cotton can be added at a relatively low price, gamblers can only bet on cotton prices rebounded next year and reduce their losses.