Overview Of Cotton Market In 2010 And Situation Analysis In 2011

1, cotton production declined in 2009.

2, since the launch of new cotton in 2010 and September, the price of cotton has surged and reached a record high at home and abroad due to various factors, such as domestic and international economic environment.

3. During the cotton growing period, the overall meteorological conditions are nearly all the year round. However, some cotton areas are affected by low temperature, rain and light and flood disasters, and cotton yields and quality are reduced.

4, in 2010, the investment in textile industry continued to grow, and the output of main products hit a new high.

5, 2010, cotton production and demand increased, coupled with the general increase in the prices of bulk agricultural products and capital speculation, and other factors, cotton prices continued to rise sharply, seed cotton purchase prices rose simultaneously, cotton grower income increased substantially, but due to the excessive fluctuation of cotton prices, cotton farmers reluctant to sell emotions were heavier. By the end of 2010, the national average sales progress was only 80%, slower than the same period last year by more than 10%.

6, to meet the needs of textile enterprises, the relevant departments of the state issued in 2010.