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Last Year, All The Way Up And Down This Year, &Nbsp; Cotton Market Downturn.

2011/10/27 16:50:00 17

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Soaring And Falling Cotton Market Downturn

Since mid October,

ynz

Cotton market seed cotton prices hit a new low of 8.2 yuan / kg this year.

Affected by this, the cotton market

Sluggish

In the embarrassment of cotton farmers unwilling to sell and cotton enterprises unwilling to accept.

Cotton farmers, Rong Jun, Wei Dong village, Cao Miao Town, Dafeng City, said that cotton prices will not sell this year, and the output will not be high.

He planted 8 acres of cotton fields last year, with a net income of 1706 yuan per mu, which is expected to be only about 1/5 of last year.

Wu Conglin, a villager in the same village, said that compared with other crops, corn's purchase price was 2 yuan / kg last year, and now it has reached 2.60 yuan / kg, up 30%. Last year, cotton price averaged 10 yuan / kg, and now it is only 8.40 yuan / kg, but it has dropped a lot.

Wan Ying Town Tianchi neighborhood committee, a woman with a surname, said that this year's cotton yield is at most 150 kilograms or so, at least more than 100 kilograms, so the output can only be basically guaranteed in accordance with the current market price, and it is totally unprofitable.

from

Sheyang County

The Cotton Industry Association understands that the cost of cotton planting in Sheyang will be affected by fixed costs, physical and chemical inputs and labor costs. The total cost of planting cotton in this county will reach 1413.2 yuan this year, an increase of 16% over the same period last year.

In this way, even if grain subsidies and agricultural subsidies are not included, seed cotton is not as good as grain yield.

It is estimated that if cotton farmers are not to be reduced, the purchase price of new cotton will increase by at least 16% this year.

Cotton growers expect cotton prices to increase substantially over the past year.

Offset agricultural price rise

And so on.

But money is tight, and cotton purchase funds are insufficient. Cotton companies are waiting to wait and see, hoping to buy at a lower price.

In view of the current cotton market, the reduction of cotton farmers' income has become inevitable.

Cotton prices rose all the way last year, but this year it has been falling steadily. Cotton prices have encountered "Waterloo".

According to the Yancheng investigation team of the National Bureau of statistics, in October 24th, the purchase price of each kilogram of seed cotton in Yancheng ranged from 8.2 to 8.6 yuan, which was nearly half lower than the highest price in the first quarter of this year.

Our city is a large cotton producing city in Jiangsu, and also a major cotton producing country in China.

The textile industry is one of the traditional pillar industries in Yancheng and plays an important role in the development of local economy.

In the course of the investigation, the insiders said that the current cotton subsidy of 15 yuan per mu is really negligible for the high risk crop of cotton. It can not mobilize farmers' enthusiasm for cotton planting at all. It should be coordinated with the temporary purchase and storage price or the minimum purchase protection price when the cotton subsidy standard is raised, and the dual measures should be taken to stabilize the cotton grower cotton yield in a reasonable interval, so as to effectively protect the interests of cotton farmers and improve the enthusiasm of cotton growing.