2011 Cotton Shortage Is Expected To Ease.

As cotton spot and futures prices continue to rise, the enthusiasm of cotton growers in China has increased substantially in 2011, and the situation of insufficient supply of cotton is expected to ease.

A survey of farmers in Xinjiang and other twelve provinces in the main producing area found that in 2011, China's cotton sown area would reach 5 million 640 thousand hectares, up 9.8% over the same period last year.

If this goal is achieved, the growth of China's cotton planting area will rise or fall.

China

It is understood that since 2011, cotton prices rose to lead others.

China Cotton Association said that Xinjiang, Yangtze River Basin and the Yellow River River Basin cotton farmers, the most polar area is Xinjiang.

Of the surveyed cotton growers, 43.5% of the planting area was prepared and 48.4% remained unchanged.

Cotton planting area in Xinjiang will probably increase by 14.7% over the same period last year.

This is mainly because cotton farmers in Xinjiang cotton region are more concentrated in picking and selling, and most of the cotton prices have been sold before they fall. In addition, the overall price of cotton growers is better in Xinjiang.

In addition, the cotton growing area in the Yangtze River Basin is expected to grow by 11.5%.

Among the surveyed households, 38.5% of the Yangtze River Basin cotton households were prepared to increase their area.

This is mainly due to the fact that cotton farmers in the Yangtze River Valley sell more than half of the cotton price peak, and the yield is better than that of other agricultural products.

On the other hand, the wait-and-see mood of cotton farmers in the Yellow River river basin is relatively strong.

This is mainly due to the negative effects caused by the lack of seed cotton in 2010.

In 2010, some cotton growing areas in Shandong, Henan and Hebei suffered from severe weather such as rain, light and flood during the critical period of cotton boll opening and bolting. Cotton was hardest hit, and some cotton farmers lost their crops.

Many cotton growers say that if the cotton price is lower than 12 yuan per kilogram in the spring of 2011, they will be replanted to cash crops such as capsicum and garlic.

According to the data from China Cotton Association, the cotton planting area in 2010 is expected to be 77 million mu, down 1% from the same period last year, and the total output of cotton in the whole country was 6 million 650 thousand tons, down 2.1% compared with the same period last year.

Industry analysis, because cotton production cuts,

The industry expects that if the cotton planting area can grow in 2011, or will ease the situation of insufficient supply of cotton in China.