Domestic Cotton Planting Area Further Reduced

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< p style= "text-indent: 2em >" with the global a > cotton < /a > prices continue to fall, domestic cotton planting area is also decreasing year by year, many market research institutions show that the expected decline in 9%-15%.

This year is the third year since 2010 when cotton planting area has been reduced.

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< p style= "text-indent: 2em >" according to the latest survey results of China cotton storage, the total area of real cotton in 2014 was 60 million 280 thousand mu, which was 1 million 50 thousand mu less than that in July, a decrease of 10 million 340 thousand mu compared with 2013, and a decrease of 15%. The total output of the country is 6 million 220 thousand tons this year, a decrease of 800 thousand tons compared with 2013, a decrease of 11%.

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< p style= "text-indent: 2em > > according to the research results of Breck consulting company, it is estimated that the area of" a > Xinjiang cotton planting "/a" area is basically stable in the 2014/2015 year, and the cotton planting area in the mainland has dropped sharply, and the total area has decreased by 9%. It is estimated that the cotton output in the 2014/2015 year will be 6 million 150 thousand tons.

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< p style= "text-indent: 2em >" although the acreage and yield have shrunk, the inventory of cotton stocks has remained huge over the years under shrinking consumption.

According to statistics, as of July 30th, the total amount of cotton put into operation was 10 million 371 thousand and 200 tons, with a total turnover of 2 million 305 thousand and 500 tons, with a turnover ratio of 22.23%.

Among them, 9 million 810 thousand tons of domestic cotton have been listed, with a total turnover of 2 million 169 thousand and 300 tons, with a turnover ratio of 22.11%.

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< p style= "text-indent: 2em > > cotton consumption is still not improving.

According to Breck consulting company's survey report, in July, the textile industry's off-season characteristics were obvious, the downstream purchasing cotton yarn enthusiasm weakened, < a > spinning enterprise < /a > operation rate has declined, stop production limited generally.

According to the feedback from some enterprises in the Yellow River and Yangtze River Basin, the overall starting rate of grey cloth is around 60%, and the volume of orders decreased sharply compared with the same period last year.

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