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    Peng Zewan Cotton Is Unmarketable &Nbsp; Cotton Farmers Are Worried.

    2011/6/1 16:14:00 69

    Pengze Cotton Cotton Grower Cotton Merchants

    Pengze county is a large cotton producing county in Jiujiang. Last year, the county's cotton planting area reached more than 230 thousand mu, and cotton output was more than 20 thousand tons, similar to the normal year.

    Recently, many cotton growers and Cotton Traders reflected that they still had a lot of backlogs on their hands.


      

    Cotton grower

    Worry: Cotton piled up at home is unsought.


    In May 26th, Wang Xianchun, a villager in the village of Lake Hu, Furong Town, Pengze County, told reporters that he planted 30 mu of cotton last year.

    Because of the late maturity, it began to pick up cotton only in November last year.

    When he picked all the cotton in the field, he found that there was no cotton merchant to buy it. Now his cotton is still in the house, which is stacked with two rooms, about 6000 kilograms.

    The more than 3000 kilograms of cotton in Xu Yuanhai's house had already been packed, but it was also delayed for a long time.

    What a nuisance! "


    In Lake Hill Village, the reporter learned that several cotton picking was later, did not sell.

    Market quotation

    After the change, no one came to buy it.

    Most cotton growers have sold out of cotton, and the early cotton farmers' income is also good.

    In Furong Town, the reporter found a cotton grower working in the cotton field. During the conversation with her, she learned that her home cotton was sold in November last year.

    Because last year's prices were higher than those of the previous year, the income reached their expected value.

    "Sold 7 yuan / kg the year before last year, sold 11 yuan / kilogram last year, earn more than 2000 yuan per mu.

    Because of the higher cotton output the year before last, the cotton income of last year and the year before last is almost the same.


    Cotton merchants complain of pain: collected

    cotton

    Became a hot potato.


    For the traders who bought cotton, the days are a little uncomfortable now.

    Cotton merchant Li Shifa is one of them, he told reporters that he and 8 other cotton traders bought a lot of cotton, processing a total of 1000 tons of lint, the cost is about 27 million yuan, and now, these goods are overloaded in the workshop, become "hot potato".


    It is understood that from September to November last year, cotton purchase price was higher than in previous years.

    At the peak, seed cotton prices reached 14 yuan / kg.

    But since last November, the price of seed cotton has gone down in general. Up to now, no one has collected 8.2 yuan per kilogram. At the same time, the lint made from seed cotton is not in good market now.

    In May 26th, Li Shifa took the reporter to the warehouse of a flower factory in Furong Town, Pengze County, where there were more than 80 tons of lint made by him, and they were not sold out.

    The reporter saw that every corner of the warehouse was covered with bundled cotton lint, and there were several stacking yards covered with canvas in the yard.

    Li Shifa said that cotton was sold out at this time of the year, and only 1000 tons of lint were stored this year, and 21000 yuan per ton was sold.


    AI Tao Ping, a cotton merchant, told reporters that there were more than 50 large and small Zha Hua factories in Pengze County, and nearly twenty thousand tons of unsalable cotton.

    Cotton Traders told reporters that last year, they raised funds through various channels to acquire cotton.

    Now, looking at these dusty cotton bags, they are all worried.

    Wu Laifu, a cotton trader, said he had borrowed about 400000 yuan to raise money for cotton purchase, and he still owes about 300000 yuan because of the unsalable cotton sales.


    County cotton trading center: cotton prices will not rise in the near future, it is still unpredictable.


    During the interview, the reporter learned that cotton farmers who had harvested late were basically not able to sell cotton at home, while cotton that normally opened the scale trading was basically backlog on the hands of local cotton merchants and could not be sold.


    Zheng Yiyong is the business manager of Pengze cotton trading center, and also an information officer of the Pengze monitoring station of the national cotton market monitoring system.

    He told reporters that in the past year to May, 80% of Pengze's cotton had been sold, but this year 80% of cotton has not yet been sold.


    According to Zheng Yiyong, cotton production in Pengze this year is 22000 tons, multiplied by 80%, and the sales volume is 17600 tons, and spot stock is so large.

    In the second half of last year, the price of cotton in the whole country was once higher.

    "If you take 6 yuan today, you will receive 6 yuan and 2; if you take 6 pieces of 2, you will receive 6 3 yuan on the other side. The price will be lifted up like this, and the cost will naturally rise. After the cost is raised, the sales price will remain unchanged, then there will be no profit."

    When profits are small or even at a loss, some cotton traders start to hoard their goods and wait for a good price.

    However, from the end of last year to now, the overall price is declining.

    {page_break}


    Zheng Yiyong said that since April this year, the state has tightened monetary policy, continuously raised interest rates, raised the deposit reserve ratio, and reduced the export orders in Europe and the United States, and cotton prices have been falling.

    Whether cotton prices will rise in the near future is still unpredictable.

    However, if cotton prices continue to fall, it may affect the price of new cotton listed this year.

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