Xinjiang Cotton Picking More Than Half &Nbsp; Cotton Farmers Dare Not Hoard Goods Busy Sales.

Xinjiang cotton has been picked more than half, seed cotton purchase price shocks all the way down, cotton farmers hope that the psychological bottom line of market rise is broken, dare not hoard seed cotton, eager to sell cash.

Liu Zhipeng, a cotton grower in he Shuo county, has planted 450 mu of cotton this year, plus his relatives. His family planted more than 2000 mu of cotton this year, and is one of the largest cotton planting families in the region.

In September, the price of seed cotton in Ho Shuo county was about 9 yuan per kilogram. After that, it rose to 9.3 yuan soon, but it began to drop in a few days. It has dropped to 8.2 yuan -8.3 yuan now.

According to the average production of 280 kg per mu, the planting cost is 1600 yuan per mu, the seed cotton price is 8.2 yuan per kilogram, and the cost of collecting 2.4 yuan per kilogram is calculated, the profit per mu is only 24 yuan.

Some people will lose their cost if they grow slightly.

Liu Zhipeng said.

Up to now, their families

Zhang Jianming, a cotton farmer in Jinghe County, has planted 500 mu of cotton this year, and has picked more than half of it.

He said, "the weather is getting colder. When the frost comes, the grades of seed cotton will drop and the price will be lower. I am busy picking up the flowers before the frost."

Now seed cotton sells well, even if it can't be sold that day, it will be sold in second days.

Reporters learned that Xinjiang cotton picking more than half, of which Changji picking rate of more than 70%, the average daily purchase volume of more than 10 thousand tons.

The purchase price of seed cotton in southern Xinjiang is generally higher than that in Northern Xinjiang and eastern Xinjiang, and the price varies from 8.2 yuan to 9.3 yuan per kilogram.

Xu Yuanjiang, chairman of Yuanjiang agricultural industry and Trade Co., Ltd., Luntai, said Xinjiang

Extended reading: Xinjiang has acquired 235 thousand and 100 tons of new lint by the end of September.

In October 19th, reporters learned from the textile industry management office of the autonomous region, and from September 15th to September 30th, the region purchased 235 thousand and 100 tons of cotton (lint).

Among them, the autonomous region supply and marketing cooperative system has acquired 83 thousand and 200 tons, and has sold 8 thousand tons of new cotton locally.

The sale price of lint cotton in Xinjiang is 20400 yuan -20600 yuan / ton, and the purchase price of lint in South Xinjiang is 21000 yuan -21500 yuan / ton.

Next page: no longer hoarding cotton Xinjiang cotton enterprises 18 days to save 1800 tons

No longer hoarding cotton Xinjiang cotton enterprises 18 days to save 1800 tons

Statistics from the Xinjiang Office of the national cotton exchange market show that in October 18th, 31500 tons of storage were planned and 2250 tons were actually traded, of which 1800 tons were in the Xinjiang warehouse and 450 tons in the inland bank.

Up to now, 2011 cotton temporary storage and storage totaled 7070 tons.

The paction is mainly concentrated in three places in Xinjiang, Hubei and Anhui, and Xinjiang accounts for about 80% of the total volume.

It is reported that

Tan Wei, general manager of Hongyuan Futures Co., Ltd., Urumqi business department, said that since Xinjiang's seed cotton was listed, cotton farmers and cotton traders were worried that cotton prices would continue to fall, and their willingness to sell would be stronger and stronger.

Judging from the 17 cotton purchase and storage situation in Xinjiang, some cotton ginning enterprises began to "bow" to the China cotton reserve management corporation.

The downward trend of the average spot price of cotton in the country is hard to understand, and the pressure of late lint price rises is very large. It is expected that the enthusiasm of storage enterprises will increase in the future, and the cotton reserves will gradually increase in Xinjiang.