China Cotton Association: Cotton Planting Area Will Increase Next Year.
China
cotton
The Association released the 7 cotton planting intention survey conducted in 2011 to the mainland farmers. The results showed that at least two of the three main planting areas will expand the cotton planting area next year.
Recently, it has been tightened by policy.
Cotton price
Fall will squeeze out speculation bubble.
A press release published on the website of the China Cotton Association said that the cotton planting area in the Yangtze River Basin continued in 2011.
increase
An increase of 11.7% is expected; the enthusiasm of cotton farmers in the the Yellow River river basin is not high, and the increase is expected to be 4.9%.
According to the report, the price of cotton has been rising all the way since listing this year, which is higher than that of other agricultural products. Most cotton farmers reflect the good price of cotton. Although the yield is not high under the influence of weather conditions, the yield is good, and the enthusiasm for planting cotton is high in the coming year.
According to the press release, the price of agricultural materials and labor prices needed for cotton rose, and the cost of labor and time was much higher. Compared with other agricultural products, price and cost were the main reasons for the small increase in cotton area.
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