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    Yangtze River Basin: Many Cotton Farmers' Cotton Is Rejected.

    2016/10/23 10:58:00 52

    Yangtze River BasinCottonMarket Quotation

    Because of the difficulty in selling cotton, many brokers in Shandong and Hebei came to Hubei and Jiangsu to buy seed cotton, but the price was generally 3.30-3.35 yuan / Jin. Because cotton farmers wandered around, cotton harvester from abroad did not gain much.

    "Cotton is not ready to sell. It is a big loss this year."

    A cotton grower in Yancheng, Jiangsu, introduced 19 acres of cotton and 8000 catties of seed cotton this year.

    The cotton grower said that the quotations of the 400 cotton enterprises were good, but only 2-3 local acquisitions were made, and the quality requirements for seed cotton were relatively high. Many cotton farmers' cotton was rejected.

    Most of the 200 cotton enterprises set prices lower.

    A 200 type

    Cotton enterprises

    Seed cotton purchase offer: the seed cotton price of around 40% of the lint and 10% of moisture regain is 3.50 yuan / Jin; the seed cotton price of about 38% and the moisture regain below 12% is 3.35 yuan / Jin.

    "The price is too low. I really can't reconciled myself to it."

    Many 200 cotton enterprises have no definite requirements for the quality of seed cotton, but the price is relatively low, which makes cotton farmers unwilling.

    Similar to the situation in Jiangsu, Hubei Jingzhou's participation in the acquisition of 400 cotton enterprises is no more than 5, and the 200 type cotton enterprises are also in 10.

    Why

    Kai balance enterprise

    Are there fewer agents?

    First, the number of cotton is small, and enterprises are changing.

    Hubei's cotton area has dropped by 27% this year, and its output is expected to decline by 25-26%.

    Therefore, many 400 type cotton enterprises think that this year's processing cotton is the same as "catching the chill in the fire".

    It is reported that more than half of the cotton enterprises converted to cotton trade this year or have been converted to cotton brokers or directly into other unfamiliar fields, and how the cotton processing subjects have been completely lost.

    Second, cotton growers are very expensive, spinning companies are holding prices down, and the market is stalemate.

    For cotton enterprises, there are cotton farmers, cotton farmers because of the reduction of cotton this year, most of the psychological expectations in the 4 yuan / Jin line, and textile enterprises because of the difficulty of the order and import yarn competition, has refused to raise the price of cotton procurement, squeezed down, cotton enterprises at the edge of losses.

    "The most injured is the cotton people."

    A market person said that many cotton farmers could not sell cotton this year, which would directly cause the cotton area to continue to decrease next year.

    Hubei

    A local cotton grower in Suizhou said he did not make any money in the past two years. Next year, when the package expires, he will no longer grow cotton next year.


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