Cotton Prices Will Go Down To Make Money And Lose Money &Nbsp; Cotton Merchants Who Hoarding Cotton Will Fade.

Beginning in mid November, at home

Once: earned two thousand yuan in ten days.

In October, when the new cotton was on sale, Lao Xu called the price of cotton growers in Heze to ask the price. Without asking, I was surprised to ask: the price of seed cotton is 5.4 yuan a Jin, which is 4.6 yuan higher than last year's price, which is 0.8 yuan higher.

For such a price, Lao Xu and many cotton dealers did not dare to buy, holding a wait-and-see attitude.

After three days of watching, the price of seed cotton has risen to 5.8 yuan per catty.

Lao Xu made up his mind to buy a ton of seed cotton.

Then, ten days later, seed cotton prices continued to climb, 6.8 yuan per catty.

Lao Xu made a detailed calculation. When the last time we bought a ton of cotton, we could only earn 1 yuan per pound and earn 2000 yuan if we sold it.

Although last year's cotton processing plant of Lao Xu was enough for 1 tons of cotton, it felt that this year cotton had made a lot of profit. He bought 2 tons of seed cotton in Heze at 6.8 yuan per catty and 8 yuan per catty.

Contrary to expectations, since November, cotton prices have continued to rise. Careful old Xu has found that cotton prices are high and people buy less, and their own 3 tons of seed cotton have not been sold.

This can not help but worry about Lao Xu.

In the middle of this month, with the introduction of the national price control policy, cotton prices fell by 23.6%.

The wholesale price of seed cotton also dropped to 6 yuan per catty.

Lao Xu said, "the average purchase price of 3 tons of seed cotton is about 7.5 yuan per catty. If we sell now, we should pay 1.5 yuan per catty, and 3 tons will have to pay 9000 yuan."

But for consumers, the price of finished cotton is 25 yuan per catty, 3 kg of seed cotton can produce 1 catties of pure cotton, and the cost price per catty seed cotton falls 1.5 yuan to 2 yuan, then the price of finished cotton is expected to drop to 19 yuan per catty.

The price of cotton is falling, and consumers are happy.

But for Lao Xu, it is all tastes.

Lao Xu made an account of himself. Although he made the finished cotton processing, he could get back some losses, but the cost of one jin of finished cotton was about 3 yuan, and the market price fell below 23 yuan per catty.

He made money, but it didn't take a few days.

Now, Xu can only rely on the decline of cotton prices to drive the consumer market, and cotton can get rid of it at an early date.

As with Lao Xu, most cotton dealers in our city "buy up or not buy", continue to rise in cotton prices, earn a mentality, and store their warehouse fully, but when the price of cotton in the domestic market falls, it is a huge risk.