Progress Of New Cotton Purchase Progress In 2012

For understanding

Market and acquisition situation, on October 24~27, the Ministry of agriculture's market and economic information department organized relevant personnel to conduct research in Xiajin, Shandong, Wucheng County, Jiangsu Yancheng City Sheyang County, Dafeng County and Pizhou city.

Generally speaking, the cotton market is generally in a doldrums, and seed cotton prices have stabilized slightly. Most cotton quality is good, and the acquisition rate of new cotton is faster than that of last year. It is suggested that the comprehensive subsidy for agricultural production should be compared with cotton production, and the cotton temporary purchase and storage policy will be announced as soon as possible, so as to prevent the cotton production from going up and down.

Seed cotton prices drop slightly, spot market downturn

Seed cotton prices have stabilized slightly.

Despite the sluggish cotton market this year, seed cotton prices are generally relatively stable under the support of the temporary cotton purchase and storage policy.

Since mid October, the price of cottonseed has declined, and seed cotton prices have dropped slightly.

The farmers in Xiajin County reflected that in the middle of September, the cotton weighing scale was 4.1~4.15 yuan per catty, and dropped to 3.99~4.1 yuan in October 27th, which was 2.5% lower than that in the beginning of the scale, which was basically the same as that of the previous year. The cottonseed price dropped from the 1.17~1.2 yuan in the middle of September to the 1.05~1.1 yuan at the end of October, which had a downward effect on the seed cotton price.

At the end of September, Jiangsu Sheyang seed cotton was listed on the market and opened at a price of 4.1~4.2 yuan per catty, which dropped to 4.0~4.1 yuan in early November and dropped by 2.4%. The cottonseed price also dropped from 1.2 yuan per catty in early September to 1.15~1.16 yuan at the end of October, or 3.8%.

The progress of acquisition is faster than that of the same period last year.

As of October 26th, the national cotton picking rate was 73.7%, which was basically the same as last year.

However, due to the support of the temporary purchasing and storage policy and the good quality of cotton this year, the enthusiasm of purchasing and storage of processing enterprises is relatively high, and the progress of seed cotton purchase is faster than that of last year.

At present, the sale rate of seed cotton is 71.3%, up 15.8 points year-on-year.

Jiangsu Yancheng City Yun Rui cotton ginning Co., Ltd. person in charge, as of the end of October, the company has acquired 1800 tons of seed cotton, an increase of 125% over the same period.

Sheyang cotton seed picking progress has reached 61%, an increase of 26 points over the same period.

The national cotton sale rate was 87%, an increase of 52 points over the same period last year.

However, due to the poor quality of the affected cotton in the Dezhou area of Shandong, the farmers intend to mix and sell, and the sales progress is slower.

Cotton spot market overall downturn.

Because of the sluggish domestic and foreign economy this year, the drop in demand for cotton and the large difference between domestic and foreign markets, the domestic cotton spot market is trading lightly.

At present, more than 95% of the enterprises that buy seed cotton on the market are paying for storage, and the 200 type small cotton ginning mills can not afford to store.

According to the head of Huaxing Cotton Industry Co., Ltd., Shandong Province, according to the current processing of seed cotton price of 4.1~4.2 yuan per catty, the cost per ton of lint is only 19480 yuan, and the processing cost of 700 yuan, the cost of lint per ton is about 20180 yuan, which is more than 1470 yuan higher than the market cotton price.

Now textile enterprises are affected by the sluggish demand and the high cotton prices in China, and the strategy of buying and selling will also aggravate the depressed spot market.

According to the survey, the main problems existing in the cotton market include:

Farmers' enthusiasm for cotton planting continued to decline.

From the survey point of view, the overall growth of cotton is better this year, and the yield per unit area has been raised.

But because of cotton comparison

Most farmers are unwilling to grow cotton because of their decline and time consuming.

Zhao Qihong, an old town in Sha Cheng village, Wucheng County, said that the output per unit area of cotton was higher this year. The output of 450 kg of seed cotton per mu, fertilizer, plastic film and arable land were 444 yuan invested, 480 yuan artificially, and the total cost reached 924 yuan. According to seed cotton per catty of 4 yuan, mu income was 1800 yuan, and net income was 876 yuan, an increase of 30% over last year.

But if we grow grain, wheat and corn for two crops, mu income is more than 350 yuan more than that of cotton. And with a high degree of mechanization and labor saving, we can take time to work.

So he decided to grow less than 2 acres next year, with only 1 acres left.

Xiajin County Agricultural Bureau said that the county's winter wheat planting area increased from 370 thousand acres last year to 410 thousand acres this year, an increase of 10.8%, which means that next year the cotton area will be reduced by 40 thousand mu.

Sheyang County Cotton Association survey of 20 households, 15 households indicated reduced planting area.

Agricultural Bureau of Dafeng County, according to statistics of the current cotton stubble reserve, cotton planting area is about 350 thousand mu next year, a decrease of 25.5% over the same period.

The fund is tight.

Cotton enterprises generally reflected that due to the sluggish demand in the downstream market, the sales of yarn, cloth and cotton were sluggish, and the funds of enterprises were tight.

Sheyang County cotton association reflects that some enterprises, in order to solve the problem of tight purchasing funds, pledge the processed grade 3 lint to the Jiangsu Dafeng cotton trading center at the valuation price of 18500 yuan per ton, and get an assessment price of 70%. The interest rate in 3 months is 5.88%, and the interest rate in 6 months is 8.4%.

The pledge price of cotton was 5.1% lower than that of the previous year's survey of 19500 yuan per ton, while the interest rate for 6 months was 33.3% higher than that of the previous year.

Domestic cotton sales are sluggish.

Since this year there is a big difference between domestic and foreign cotton, enterprises are generally willing to use imported cotton.

Sheyang County Shuang Shan Group introduced that this year, the total amount of cotton 36 thousand tons of cotton enterprises, of which 30 thousand tons of cotton, accounting for 83.3%.

The enterprise itself has a quota of 4200 tons, others are bought from the cotton trade company or the quota enterprise, the purchase price is different according to the rank, each ton is in 2500~3000 yuan.

In addition to the price, the company has the following factors that lead enterprises to use cotton: the first is the low moisture regain of outer cotton.

The moisture regain of outer cotton is generally 2~5 points lower than 8.5% of the fixed value, and the cost per low point is 250 yuan per ton.

Two, there is a shortage of weight in the national cotton market.

The external cotton is settled by net weight, and the national cotton is settled by public fixed weight. The weight difference between the cotton and the national cotton is about 5 kg.

The situation of loss making and limited production of textile enterprises is outstanding.

Due to the poor sales of yarn and cloth, the inventory of textile enterprises increased, and enterprises generally failed to limit production.

Sheyang Da Hong group introduces that at present, pure cotton yarn enterprises are generally in a state of deficit, and the price of 32 pure cotton yarns is 25000~26000 yuan, which is about 1000 yuan per ton.

Although the company has not limited production, the stock of products has increased substantially.

In the past, the monthly inventory was about 1 million 500 thousand meters, and now it reaches 2 million 800 thousand meters, an increase of 86.7%.

Wucheng Huaxing Cotton Industry Co., Ltd. introduced that 30% of the cotton mills in Wucheng county have been shut down, but most enterprises still insist on production in order to retain their employees, and the rate of opening is only 60%~70%.

In view of the problems found in the cotton market found in the survey, we put forward the following suggestions:

First, the comprehensive subsidy for agricultural production will be implemented for cotton.

In order to stabilize cotton production and promote the sustained and healthy development of cotton industry, it is suggested that the state should adopt a comprehensive subsidy policy for grain farmers to cotton planting cotton farmers.

The first way to pilot in Xinjiang and then gradually promote it is to stabilize domestic basic cotton supply.

Two, we should study and announce the cotton temporary purchase and storage policy as soon as possible.

In order to enhance the confidence of cotton farmers and mobilize the enthusiasm of cotton growers for cotton planting, it is suggested that the relevant departments of the state should study and formulate the cotton temporary purchase and storage policy as early as possible in 2013, and publish it before the planting of cotton.

Three, we should further improve the cotton import quota issuance mechanism.

It is suggested that the state should arrange the annual import volume and import quota of cotton in accordance with the principle of tighten consideration in the light of the two international and domestic markets.

At the same time, according to the fact that the price difference between inside and outside is bigger, to avoid the impact of imported cotton on the domestic market, it is suggested that cotton slip tax should be adjusted appropriately, so that enterprises can upgrade and pform and use more domestic cotton.