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    China Cotton Corporation: The New Cotton Market Has A Typical "Slow Rhythm".

    2014/12/9 14:27:00 26

    China CottonNew CottonMarket Quotation

    The cotton project team of the China Cotton Institute and the national cotton industry technology system, in November 30, 2014, fixed the survey on the cotton harvest and sale of 2050 designated farmers in 95 counties (regiments and farms) of 15 provinces in Sichuan, Hunan, Hubei, Anhui, Jiangxi, Jiangsu, Henan, Hebei, Shandong, Shanxi, Xinjiang, Gansu, Liaoning and Kyrgyzstan.

    1. Seed cotton harvest progress is slower than that of last year.

    By November 30th, the harvest rate of cotton seed cotton in China was 96.7%, 1.2 percentage points slower than the same period last year.

    The three major cotton regions are different in speed and speed.

    Among them, the Yangtze River harvest progress 96.3%, 3.3 percentage points slower than the same period; the Yellow River harvest progress 96.3%, up 0.4 percentage points compared to the same period; the northwest harvest 95.5%, compared with 1.9 percentage points slower than the same period.

      

    Two.

    New cotton

    The sale progress is slower than the same period last year.

    By November 30th, the turnover rate of cotton seed sale in the whole country was 52%, slower than 16.5 percentage points in the same period last year, slowing down 24% compared with the same period last year.

    The progress of the three cotton sales is slowing down.

    The sales progress of the Yangtze River was 34.9%, which was 53.7 percentage points slower than that of the previous year. The progress of the Yellow River's sale was 47.5%, which was 26.1 percentage points slower than that of the previous year, and the Northwest sales progress was 61.3%, which was 19.3 percentage points slower than the same period.

      

    Three.

    Unginned cotton

    The price dropped by 30% compared with the same period last year, a slight decrease of 2% in the ring ratio.

    By November 30th, the price of seed cotton was 5.83 yuan / kg, down 30% compared with the same period last year.

    The price of seed cotton in the Yangtze River, the Yellow River and Northwest China was 5.99 yuan, 6.19 yuan and 5.58 yuan / kg respectively, down 24.4%, down 27.2% and 33.6% respectively.

    Among them, the price of machine picked cotton in the southern Xinjiang was reduced by 0.64 yuan / kg, a decrease of 11.4%, and a drop in the number of production areas in Xinjiang was even greater.

    Compared with the average price in October, the average price of seed cotton sale rose by 0.7% in November, and the current market is slow.

    The average price in 9-11 months was 5.91 yuan / kg, down 28% from the same period last year.

      

    Four, the mainland

    cotton

    Favorable policies to subsidize 2000 yuan / ton, and look forward to landing at an early date.

    In November 5th, the state introduced Cotton Subsidy of 2000 yuan / ton in the mainland, and the 9 provinces were Hunan, Hubei, Anhui, Jiangxi, Jiangsu, Henan, Hebei, Shandong and Gansu.

    According to the analysis, the intensity of the Cotton Subsidy Fund in the mainland is equivalent to the 160 yuan per mu subsidy per unit area. Relative to grain subsidy, the subsidy intensity of cotton is not low.

    However, the implementation plan of how to make up and how to operate has not yet been published. Cotton farmers hope that good policies will come to the ground early, and they will be steadfast in their minds.

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