Cotton Market: Long Staple Cotton 200 Type Cotton Enterprises Scale Up
At present, Xinjiang Awati County long staple cotton has been bolting, and some cotton farmers began to enter the field.
Although a small number of local 200 cotton enterprises are open to purchase, the price of opening scales is far lower than that of cotton farmers.
Although the area has increased significantly, the yield of long staple cotton is greatly affected by high temperature this year.
A cotton planting staff of the Lu Tai cotton industry in Awati County said that the output of long staple cotton reached 330 kg / mu before the high temperature, and the output dropped to 300 kg / mu after the high temperature. The decline was about 10%, while the local retail investors lost more, and the reduction of Mu was 50-100 kg.
Awati
A county cotton and flax company responsible person said that the end of August last year, the local type 400
Cotton enterprises
The price of the scale has reached 9 yuan / kg, reaching the maximum price of 11 yuan / kg. This year, the 400 cotton enterprises are postponing the scale up plan, which is expected to be postponed to the end of September or the beginning of October.
At present, there are 200 types of cotton enterprises weighing scales in 7.2-7.3 yuan / kg, far lower than cotton farmers' expectations.
Faced with such a purchase price, a small number of
Cotton grower
Because of the problem of children's tuition fees, they had to reluctantly sell a small amount of long staple cotton, and most of the remaining cotton farmers waited on the sidelines and waited for the market to change.
Although the price of the 200 type cotton enterprises is not representative, it still brings pressure to the local 400 cotton enterprises.
The main reason for this year's Awati county's opening up time and the price of opening up is that the area of long staple cotton in Awati county has increased substantially this year.
In early August, it was learned in Xinjiang that the cotton yield of long staple cotton was higher than that of upland cotton last year, which is the main reason for its large planting area.
In 2014, Awati County long staple cotton planting 639 thousand and 700 mu, the output can reach 7-8 tons, this year Awati County long staple cotton planting 110.94 mu, the output is estimated at 16-17 tons, the entire Akesu area long staple cotton 1 million 912 thousand and 500 mu, also increased nearly 1 million mu compared with 2014.
According to this situation, the output of long staple cotton will not be doubled this year, but the sudden increase of output will make local cotton enterprises pinch a sweat so that they can not easily open scales.
It is understood that the local long staple cotton at the early stage of listing will generally appear the situation of low price and cotton farmers reluctant to sell, this year is no exception, but with the increase of long staple cotton picking, cotton enterprises compete for resources in order to win the price.
But at least from the current situation, this year's purchase price of long staple cotton will decline considerably compared with last year.
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