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    Xinjiang'S Cotton Ginning Enterprises Are Overwhelmed By Light Cotton.

    2011/8/8 11:36:00 60

    Cotton Overwhelms Xinjiang Ginning Enterprises

    International Year

    cotton

    Prices rose sharply, and the cotton price of the New York Mercantile Exchange hit a high point in March, 219 cents per pound, and began to collapse in April. By the end of July, the price had fallen below 100 cents per pound, reaching a minimum of 97 cents per pound, the highest decline of 55.7% per cent from the highest point in the year. The domestic cotton prices were almost completely synchronous, and the highest price reached 35000 yuan per ton this year. However, the price of cotton fell sharply from 500 yuan per 3 days from March to 7 yuan per ton in March.

    The continuous decline of cotton prices has led to an unprecedented dilemma in the Xinjiang ginning enterprises.

    At the moment, this year's new cotton

    Pick

    The work is about to start. As a cotton producing area, what is the current cotton market in Xinjiang?

    Look at the reporter's investigation.


    Reporter: in the past August, Xinjiang.

    Zha Hua Enterprise

    We will go to a cleaning area and repair equipment to meet the arrival of a new cotton rolling period. This year, we saw a scene in Xinjiang's ginning enterprises. The cotton purchased last year was stacked up high in the reservoir area. How to sell these backlog cotton before the new cotton has become their biggest problem.


    In Xinjiang Akesu Yong Heng cotton ginning factory, the huge factory area, except for a few security guards keeping more than 500 tons of cotton in arrears, can not see any purchase of cotton vehicles, in July, Heng Heng did not receive an order.


    Chen Xianfu, deputy general manager of Xinjiang Akesu Heng Heng Cotton Industry Co., Ltd.: now cotton sales market is like this, basically no sales.


    Reporter: what about the backlog?


    Chen Xianfu: now I don't know what to do. The cotton market has come down, and it has been badly damaged.


    Reporter: now how much is the loss per ton?


    Chen Xianfu: deficit more than 10000


    Among the more than 140 cotton ginning plants in Akesu, Xinjiang, the Heng Heng cotton industry is a medium-sized enterprise, and 500 tons of cotton are overstock of about ten million yuan in bank loans. In order to repay the loan, no one wants to sell the cotton at a low price.


    Chen Xianfu: now the mainland, to the mainland is also not good sales, alas, now there is no way, now there are a lot of textile mills are closed, and nothing has been produced, enterprises have not been produced, and now the goods are not moving.


    Reporters learned that in Akesu, many cotton ginning plants have different levels of cotton backlog.

    With the advent of the new cotton market, the pressure on cotton sales is also growing.

    And the acquisition of new cotton is facing the difficult problem.


    Chen Xianfu: the acquisition is bound to be bought, but the goods are still in such a backlog, as this year's acquisition funds still have difficulties.


    Hu Boxian, deputy general manager of Jiu Ya cotton industry, Sha Ya county, Xinjiang: if the market price is also plummeting, we dare not accept it.


    For a long time, the cotton industry has come out of the current knot mentality of the cotton ginning enterprises. In Akesu, many ginning enterprises say that they have been operating here for more than ten years, even though it is difficult, the new cotton rolling period has to be carried on without any choice or retreat.


    Teng Minli, President of the Wenzhou chamber of Commerce in Akesu, Xinjiang, no matter what, it is the most difficult task. It has to be collected and managed. You can not abandon the industry.


    High priced cotton pressed gold spinning enterprises helpless waiting


    Since March this year, cotton prices have plummeted all over the world. The cotton spinning enterprises that bought cotton at high price have been dragged into a loss situation. At the beginning of the year, the high priced cotton purchased by thirty thousand yuan, losing three thousand to five thousand yuan per ton of cotton yarn, the cotton spinning enterprises complain incessantly in the great fluctuation of cotton price.


    With the fall of cotton prices, yarn prices are also falling. The production, production and shut-down of textile enterprises in the mainland have made Xinjiang cotton spinning enterprises receive fewer orders, and a large number of cotton yarns have secured the funds of enterprises.

    The wages of workers should be issued, and the production of enterprises should be maintained. The capital chain will become the biggest problem that plaguing textile enterprises.


    Hao Bin, general manager of Fu Hong textile company, Sha Ya county, Akesu, Xinjiang: unable to cash in on time is equivalent to saying that money should be compressed into something. Then what should I give to banks and financial institutions to repay this part of money? This is my financial pressure. So I have finished the bank, and my own capital has become a thing.


    In Akesu, many cotton spinning enterprises have their own cotton ginning plants and spinning enterprises, from cotton to cotton yarn double backlog, pressure enterprises can not breathe.


    Xinjiang Akesu Wenzhou chamber of Commerce President Teng Minli: This backlog is almost 50%, according to the cotton yarn overstock in 50%, cotton has not yet sold out, in general, in our Akesu these cotton enterprises may have 25% of the cotton is not sold.


    Reporter: backlog of funds?


    Teng Minli: the number of backlog of funds, I think some bad statistics, some enterprises, the amount of backlog of spinning has several hundred million, there are tens of millions of less.


    In order to help member enterprises open the sale of cotton yarn, Teng Min Li visited the mainland for more than 40 days as president of Wenzhou chamber of Commerce in Akesu.


    Teng Minli: (the mainland) downstream of the weaving plant, a lot of have been shut down, a large part of the cotton mill, in half open half of the state of production, basically not running at full capacity, the mainland enterprises cotton face inventory is relatively large, because often do not receive orders.


    Like cotton ginning enterprises, cotton spinning enterprises are also puzzled by the new cotton harvest in the face of the new cotton rolling period.

    However, many enterprises say that nowadays cotton spinning enterprises are not only difficult to manage, but also difficult to recruit. Even if losses are made, enterprises can not stop production. Otherwise, recruitment will be difficult.


    Hao Bin, general manager of Fu Hong textile company, Sha Ya county, Akesu, Xinjiang: new cotton is also going to buy seed cotton, so processing cotton lint will give me a certain reserve for the spinning mill, and reserve the whole production next year, at least the next year's production cotton will be stored in this harvest season.


    New cotton is starting to weigh. Cotton farmers are looking forward to market warming.


    Cotton prices fall and cotton enterprises are sad. So what is the situation of cotton farmers?

    In an interview, reporters learned that due to soaring cotton prices last year, Xinjiang's cotton planting area increased by 2 million 634 thousand mu this year, and cotton growth was better than before.

    Although cotton production is increasing, cotton prices are low and cotton prices are starting to increase. Cotton farmers are also speculating on cotton prices this year.


    Reporter: Akesu is the largest cotton production base in China. Because of the good climate this year, cotton prices are generally good.

    Just now, the owner of this land told me that cotton bolls with red dots would be able to grow cotton in 40 days. Farmers said that the output per mu of this year is ten percent higher than that of last year. It can be said that if the farmers get a good harvest this year according to the current climatic conditions, the price of the market depends on the market price.


    In the village of kurkku, gurbagg Township, Sha Ya county, Akesu, Xinjiang, the 110 acres of cotton field management and protection in the Zhangjian state of the villagers are basically completed, waiting for the flowering of cotton bolls and the opening of new cotton scales.


    Zhang Jianguo, a farmer in the village of kurli village, gurbagg Township, Sha Ya county, Akesu, Xinjiang: of course, the farmers are good. The harvest is good, the price is high, and the income is good, so long as the farmers have a good price.


    Reporter: if the price is low, will farmers talk about it together?


    Zhang Jianguo: now we talk about this every day, because if the price is lower than last year's price, many farmers are contracted land, and the contract fee will be 1000 yuan. If the investment is down, the cotton price will fall off.


    At the beginning of this year, the eight departments of the national development and Reform Commission jointly issued the "2011 cotton temporary purchase and storage plan", announced the cotton temporary purchase and storage price in 2011 provinces of Shandong, Xinjiang, Tianjin and other 13 provinces and municipalities in 2011. The storage price is 19800 yuan for the standard grade lint to the warehouse price.


    Zhang Jianguo: if we say that 1 kilograms are 8 yuan, our investment is also high, and the price of collecting flowers is high.


    Compared with Zhang Jianguo, Wu Yueshan, a cotton grower in Awati County of Akesu Prefecture, has more worries. Because of the high cotton prices last year, he contracted out 300 mu of land for cotton planting in addition to his 90 mu of cotton this year, and he also had to pay 1200 yuan for the contracted land.


    Wu Yueshan, a farmer in Awati town of Awati County, Akesu, Xinjiang: now you are thinking about planting seeds.


    Stimulated by high price cotton last year, Xinjiang's cotton area reached 23 million 649 thousand mu this year, an increase of 2 million 634 thousand mu over last year, and only 220 thousand mu of cotton planting area in Akesu.

    In the middle of September, the first batch of new cotton in southern Xinjiang is going to scale, but the current market price of cotton is still low.


    Dou Zhiguo, a farmer in Awati town of Awati County, Akesu, Xinjiang: anyway, the state has a protective price for the purchase, and it can also get on the protection price for the people.


    Shen Liping, a farmer in the village of kurkhal, gurbagg Township, Sha Ya county, Akesu, Xinjiang: the price is good and the price is low. There is no way to sell it.


    In the Akesu area of Xinjiang, Nur, a farmer in the town of Sha Baker, Sha La AI Shan: there is a national guarantee to buy, we have a guarantee in mind, but we still hope that the market of cotton can get better.


     
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