Cotton Prices In Jiangxi Dropped By Two Or Three Over The Same Period Last Year.

"Cancel temporary storage and purchase, lower cotton prices and decrease planting area."

This year, cotton city has encountered multiple difficulties.

7, from the Jiangxi Provincial Department of agriculture on the main agricultural products and agricultural products price monitoring results and trend analysis, the current province cotton seed prices fell by 20% over the same period, the latter may be difficult to sell cotton.

To support the cotton industry, according to the new cotton policy, the subsidy standard this year is 2000 yuan / ton.

This year's cotton new deal in China has implemented the cotton target price policy in Xinjiang, and other cotton areas have abolished the temporary purchase and storage policy.

Affected by this policy, cotton farmers' enthusiasm for cotton growing in Jiangxi has declined significantly, and cotton production has been retreated in many places.

This year, the cotton planting area in our province is 1 million 196 thousand and 600 mu, a decrease of 73 thousand and 900 Mu compared with last year, with a decrease of 5.8%.

At the same time, high domestic cotton stocks and foreign cotton prices are significantly lower than domestic prices, resulting in import shocks, and new cotton prices and trading volume are in deep slump.

Take September as an example, domestic cotton price is 16591 yuan / ton, while international price is 14190 yuan.

"Cotton purchase is not as good as it used to be this year. Cotton farmers are reluctant to sell because of low cotton prices.

The amount is very small.

The price of seed cotton is currently 6.0~6.4 yuan / kg, down 23% from last year.

Provincial Department of agriculture market analysis of the relevant people, it is expected that the new cotton prices in our province will go down later, may sell problems.

In order to let cotton growers feel free to sell cotton, the State implements Cotton Subsidy Policy on the 4 th of this month. The mainland subsidies range from Jiangxi, Shandong, Hubei, Hunan, Hebei, Jiangsu, Anhui, Henan and so on.

9 provinces, 2014 annual subsidy standard