Hunan Is Ready To Make Preparations For The Acquisition Of New Cotton

Hunan province this year

The listing time is slightly delayed than in previous years, and is expected to be in late September and early October.

At present, Hunan cotton acquisition and processing enterprises have gradually entered the state of financing, technical personnel combination, equipment maintenance and resource organization, and actively prepared for new cotton listing.

According to the city of Changde, since September, the fine weather has been the main reason, and the overall growth of cotton is good. Although the area of cotton planting has dropped slightly, the output will be higher than in previous years. The estimated output per unit area of cotton seed is about 500 Jin / mu, up from 460 Jin / mu last year.

At present, new cotton has begun picking, and most enterprises are expected to acquire new flowers in late September.

Chen cotton stocks are around four, the number is not much, the price is about 17500 yuan / ton (without tickets).

Because of the heavy rainfall in August, the growth of peach in Yueyang, Huarong and other cotton growing areas of Hunan province has been affected. But since September, the weather has improved. Due to the strong compensatory function and plasticity of cotton growth, the cotton growth is gradually resuming, and the picking date is postponed to the end of September.

Local cotton farmers and cotton processing enterprises generally believe that this year's cotton growth is the best for nearly three years, and cotton farmers expect 38% cents.

The purchase price is not less than 4.2 yuan / Jin, but a small number of cotton processing enterprises believe that this year's cotton seed coat in Yueyang and Changde cotton area is slightly lower, mainly in 35-38% linen, and 39% in cotton tops.

As commercial banks and credit cooperatives have significantly weakened the loan support for cotton processing and acquisition, and the agricultural development bank will increase the proportion of loan guarantees, plus the strict control quality of the 2012 national cotton temporary purchase and storage in the year 400, the 400 type enterprises will be cautious in entering the market. It is expected that the centralized scale will start at the end of September and early in October.

The price of new cotton will fluctuate around the price of state temporary storage and storage.

The cotton price in 2012 was supported by the temporary purchasing and storage policy. The domestic cotton price is still higher than the foreign cotton price. The cotton price of the non storage cotton will be close to the cotton, and the price will be different from that of the storage and storage cotton.

Since global cotton will continue to maintain a pattern of oversupply in 2012, cotton demand will remain weak. Therefore, the protection of cotton farmers' interests will still depend on the state's temporary cotton purchase and storage policy.

In the upcoming season of cotton purchase, cotton related departments in Hunan province will further improve the measures to implement the state.

Relying on the temporary purchasing and storage policy, we should do our best to make preparations for the acquisition of new cotton, and ensure that the policy is effectively and orderly implemented in our province.