China Cotton Association Will Increase Cotton Production Forecast In 2010
China Cotton Association
In December 23rd, the survey data released in November 2010 indicated that the total output of cotton in this year was 6 million 650 thousand tons, an increase of 20 thousand tons compared with the October figure, but 2.1% less than that of last year.
China Cotton Association said that the light and temperature conditions of most cotton regions in November were favorable.
cotton
After picking, the cotton in most parts of the country has stopped growing.
Because of the fine weather at the late growth stage, the growth of cotton has improved, and the output is expected to increase slightly in some areas than in October.
According to the survey, cotton picking is relatively concentrated now, and the picking speed is accelerated. As of the end of November, cotton picking in the the Yellow River River Basin and the northwest inland cotton area has basically been completed. Some cotton sown in the Yangtze River Valley has not been picked yet. The average picking rate in the whole country is 94.8%, which is 3.4 percentage points slower than the same period.
China Cotton Association said that affected by the state's stable price policy and other factors, cotton prices fell at a high level in November, seed cotton.
Buy
Prices fell rapidly, cotton farmers reluctant to sell psychological aggravation, enterprises dare not open acquisitions, selling into a stalemate.
The national average sale progress rate was 70.2%, slowing down 12.4 percentage points compared with the same period last year, and the average selling price of cotton farmers was 10.93 yuan / kg, down 2.6% compared to the same period, up 51.9% from the same period last year.
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