Xinjiang Cotton Purchase Price Increases Target Price Concern

Since September 5th, Bachu, Mengaiti, Aksu Aava Te, West Bridge and other places in the southern Xinjiang have been

The purchasing price of brokers in the field or the selling price of the ginning factory is obviously higher than that of the market.

On 8 and 9 September,

Bachu and so on appeared in 42-43%.

Transaction price 6.50-6.70 yuan / kg (maximum 6.80 yuan / kg), Bachu,

Cotton brokers' unified purchase price reached 6.20-6.30 yuan / kg, which led to the uproar of cotton enterprises that had yet to scale up.

According to Kashi,

Some cotton growers in other places have shown that cash is very tight due to the repayment of bank loans and agricultural loans in 10 and November. The target price subsidy is expected to be released in 1-3 months next year. If cotton brokers and ginning mills increase 0.50-0.70 yuan / kg purchase, farmers are willing to give up the purchase invoice.

It is also understood that due to the high temperature above 40 degrees Celsius for more than 20 days in July, the output per unit area of seed cotton in Bachu and Mengaiti is reduced to 200-250 kg / mu. According to the current target price distribution method, Kashi will subsidize the area in this year, and the cotton farmers' income will be guaranteed.