Cotton Prices Are "Diving" 30% &Nbsp; Hefei Cotton Farmers Are Reluctant To Sell Their Hearts Seriously.

In December, the cotton picking period in Hefei was basically over.

Due to the introduction of the national macro-control measures, the cotton market in the early stage of Hefei has been characterized by a sharp fall in prices, a serious feeling of reluctant sale of cotton farmers and a sharp decline in the volume of acquisitions.

It is reported that at present, the purchase amount of cotton daily in Hefei can only reach 20% of the normal purchase amount.

Reporters learned from the Hefei supply and marketing association that since November 11th, under the state's policy of stabilizing prices, the purchase price of seed cotton in Hefei has plummeted to 10 yuan / kg from a peak of 14.2 yuan per kilogram, a drop of 30%.

"At the same time, cotton futures and spot prices also plunged sharply. Within 12 days, cotton futures prices dropped to 33000 yuan / ton from 25000 yuan / ton, and spot prices also dropped from 31000 yuan / ton to 25500 yuan / ton."

Hefei area cotton enterprise leader Hefei Yinshan cotton and flax joint stock company responsible person said, "the market drop is big is attractive."

It is understood that, in the face of sudden price ups and downs, most cotton farmers generally feel unable to face and adapt to the late market situation is also very at a loss, wait and see, reluctant to sell strong emotions, the market is stuck.

"It is understood that cotton farmers' psychological price is above 12.4 yuan / kg before they are willing to sell."

Hefei Yinshan cotton and hemp stock company statistics, the current daily purchase can only reach 20% of the normal purchase volume.

Because

Calls for the establishment of a long-term mechanism

The ups and downs of cotton prices have caused damage to textile enterprises, cotton processing enterprises and cotton growers.

Governments at all levels should establish effective measures and long-term mechanisms to ensure long-term stable and healthy development of the cotton industry chain.

The relevant personages in the industry suggested that, on the one hand, the cotton purchase price protection policy should be established to give cotton growers a steady income expectation, maintain cotton planting enthusiasm, stabilize the domestic supply of cotton and ensure the development of the textile industry; at the same time, intensify the implementation of the cotton quality inspection reform, speed up the exit of the small cotton ginning machine, improve the entry threshold of the processing industry, avoid the fluctuation of the market due to overcapacity and excessive competition in the processing industry; three, establish a sound monitoring system for the cotton market, especially tracking and monitoring the cotton production situation, increasing input, and ensuring timely and accurate information so as to form a more scientific report on cotton supply and demand balance so as to provide reference for the market participants and policy control departments.