Cotton Farmers Planting Intention Drop Over 20%

In 2014, domestic cotton prices suffered a "ladder drop". Data show that China's cotton price index in March 2014 was about 19500 yuan / ton, at the end of 2014, it was 13605 yuan / ton, and it fell 5929 yuan / ton in the whole year, or 30.4%.

The sharp fall in prices has affected cotton growers' enthusiasm for planting. According to information released recently by the China Cotton Association, according to the survey of cotton planting intentions in January, the average planting intention in the whole country dropped by 25.4%.

"2013/2014 cotton production season, cotton farmers per mu planting profit of the national average 430~470 yuan, profitability is very low." Zhuo Chuang information cotton analyst told reporters that cotton prices plummeted or will affect Xinjiang cotton in 2015. Target price The direct subsidy price is "definitely down" because the market average price is far from the current direct subsidy price of 19800 yuan / ton.

Since 2014, Cotton price Has been "stumbling". Yesterday (January 22nd), the information released by the China Cotton Association for China's cotton early warning information system showed that it was at the 3128B level Unginned cotton For example, the price of that day is 13485 yuan / ton, down 11 yuan / ton compared with the previous day.

A few days ago, the China cotton price index (CCIndex) annual report released by the China Cotton Association pointed out that before the end of March, China's cotton price index (CCIndex3128B) remained stable, about 19500 yuan / ton under the support of the temporary purchasing and storage policy. After the end of the purchase and storage, the reserve price of the reserve cotton sale was adjusted from 18000 yuan / ton to 17250 yuan / ton, which led to a slow decline after May. In the late November, the cotton spot price returned to a downward trend with the new cotton coming on the market in late 12. At the end of the month, it stabilized at 13600 yuan / ton, and closed at 13605 yuan / ton at the end of the year, falling 5929 yuan, or 30.4%, in the whole year.

For the domestic cotton spot prices showed a downward trend all year round, the annual report summarized as "affected by policy adjustment, the price of cotton reserves dropped, domestic and foreign demand is not strong."

"The policy of purchasing and storage has been liberalized and the target price policy has been implemented. The original contradictions of the industry are gradually reflected. The drop in cotton prices is a rational drop." Sun Liwu told reporters analysis.

Although there is a corresponding subsidy policy, it also affects the enthusiasm of cotton growers in planting new cotton. According to information released recently by the China Cotton Association, according to the survey of cotton planting intentions in January, the average planting intention in the whole country dropped by 25.4%.

The enthusiasm of cotton growers is not high, and the profit of planting cotton is very low. Sun Liwu pointed out that in the 2013/2014 cotton production season, the average profit of cotton growers per mu was 430~470 yuan, and the profit level was very low, which was "less than the income of other crops".