Domestic Cotton Prices Are "Cold".

Rising from the end of last year to this year. Go down The market price of cotton in China has experienced a "roller coaster" change.

A Xinjiang Cotton grower Told reporters that last year Xinjiang seed cotton sold for 11 yuan to 12 yuan per kilogram. The reporter understands, at present, the purchase price of seed cotton in Turpan cotton producing area of Xinjiang is 3.65~3.85 yuan per catty.

Qu Yuan, a researcher at Jinyuan futures research and development department, said that at the end of last year, a large amount of funds entered the cotton market and made the price of cotton rise all the way. With the extrusion of the "capital bubble" in the cotton market at the beginning of this year, cotton prices declined all the way. It could be considered that the main reason for the large fluctuation of cotton prices was the injection and withdrawal of the capital bubble.

Qu Cheng pointed out that, on the one hand, under the background of the pressure of RMB appreciation and the weakening of exports, textile production enterprises, especially some small and medium-sized textile production enterprises, experienced difficulties in operation. On the other hand, the high price of domestic cotton has forced the enterprises to use large amounts of liquid capital to purchase cotton and other production materials. When enterprises returned bank loans in May and June this year, some small and medium-sized textile enterprises could only go bankrupt because of the chain breaking of funds, which aggravated the downturn of the cotton demand market.

The reporter learned from the China Cotton Association that the planting area of the main cotton producing areas in China increased by 5%~8% over the same period. Under the condition of no bad weather, China's cotton production is expected to yield a bumper harvest. By then, Cotton yield The combination of rising demand and sluggish market demand is likely to further exacerbate the decline in cotton market prices.

At present, the cost of picking up cotton for short time workers has reached 2~3 yuan per kilogram, compared to 0.6 yuan per kilogram. Labor costs rose faster, while irrigation water, pesticides and fertilizers also rose.

In order to avoid the loss of cotton prices to cotton farmers and maintain the enthusiasm of cotton growers, the relevant state departments in August 4th studied and implemented the plan for the temporary storage and storage of cotton in 2011.

The plan pointed out that after the listing of new cotton this year, the state will start the temporary purchase and storage plan in accordance with the market changes. According to the fixed price of 19800 yuan / ton, the number of cotton produced in 13 provinces and municipalities will be open to the public through the national cotton trading market storage and storage system, and the relevant trading measures will be announced in late August. Cotton will be there. Temporary purchase and storage plan It will bring support to cotton prices. Whether the cotton price can turn from "cold" to "warm" will need to be tested by the market.