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    Why Are Cotton Companies Less And Fewer Agents?

    2016/10/23 12:27:00 28

    CottonCotton EnterprisesSpinning Enterprises

    "

    cotton

    I can't sell 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.

    The purchase price of a 200 cotton seed cotton seed: the seed cotton price of about 40% and the moisture regain within 10% is 3.50 yuan / Jin; the seed cotton price of about 38% of the lint 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 participates in the acquisition of type 400.

    Cotton enterprises

    No more than 5, 200 type cotton enterprises are also in 10, and in recent years, very active cotton brokers have disappeared.

    Why are there fewer businesses and 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 growers and cotton farmers because of the decrease in cotton this year, most of them are expected to be in the line of 4 yuan / Jin.

    Spinning enterprises

    Because of difficulties in receiving orders and competition in imported yarns, cotton has never been willing to raise prices for cotton purchase.

    "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.

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

    Because of the difficulty in selling cotton, many brokers in Shandong and Hebei came to buy seed cotton in Hubei and Jiangsu. Because cotton farmers wandered around, cotton harvester from abroad did not gain much.

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