Slow Progress Of Cotton Sowing In The Late Part Of The Country

In the first half of April,

The cotton growers' branch conducted a survey on cotton planting progress in 2017 in more than 200 counties and 2000 near designated farmers in 12 provinces and cities in the mainland.

The survey results showed that: owing to the low temperature in early April, the cotton planting time was postponed this year, and the sowing schedule was slower than that of the same period last year.

As of April 15th, the mainland's sowing rate was 13.95%, slowing down by 2 percentage points compared to the same period last year. The number of households surveyed by direct seeding accounted for 47.91% of the total households surveyed, and 52.09% of the total surveyed households were surveyed by seedling raising and pplanting methods.

The seeding rate of seedling raising was 56.49%, which was 6 percentage points slower than the same period.

In the early part of April, the temperature of the Yellow River basin was delayed because of the unstable temperature, and the progress of sowing and raising seedlings was slower than that of the same period last year. As of April 15th, the sowing schedule was 28.87%, slowing down 4.4 percentage points compared with that of the same period last year. The seeding progress of seedlings was 38.85%, slowing down 14 percentage points compared with that of last year.

The direct seeding method is mainly direct seeding, and the number of direct seeding households is 90.93% of the total households surveyed. The seedling planting and planting methods are concentrated in two provinces in Henan and Shandong provinces, among which the seedling raising work in Henan has been completed, and the seedling raising in Shandong is less than 30%, slower than that in the same period last year.

The sowing progress of different provinces in the basin varies rapidly, and the sowing of Tianjin, Shanxi and Shaanxi provinces has been completed in the past years. In Henan Province, due to effective rainfall in some areas, the sowing schedule is 32.44%, faster than 9 percentage points last year.

The cotton growers in the basin have relatively high enthusiasm for planting cotton. The cotton planting area is estimated to be 6 million 830 thousand and 700 mu, an increase of 9.43% over the same period, and an increase of 2 percentage points.

In the first ten days of April, the temperature was low, and the local rain was more. It was unfavorable for the sowing and seedling raising of cotton, and the sowing schedule was slower than that of the same period last year. By the end of April 15th, the seeding rate of the valley was 0.58%, which was 1 percentage points slower than that of the same period last year.

The seeding pattern of the Yangtze River Valley is mainly seedling raising and pplanting. The survey households using the method of raising seedlings and pplanting accounted for 90.70% of the total survey households, and the seeding progress of seedlings was 65.34%, which was 5 percentage points slower than that of the same period.

The two provinces in Jiangxi and Hunan have better temperature and humidity conditions than the same period last year. In Hubei Province, due to the influence of early rainy season and the late cotton, the seeding progress of the seedlings was slower than that of the same period last year, which slowed down by nearly 20 percentage points compared with that of the same period last year. The proportion of wheat and cotton bearing cotton in Anhui province accounted for a certain proportion. The seeds were generally sowed at the end of April, and the sowing schedule was slightly slower than that of the same period last year. The sowing schedule in Jiangsu province was basically the same as that of last year.

Because the basin is mostly seeding and pplanting.

The area also depends on the growth of cotton before emergence and before pplanting, so the cotton area is flat with last month. The cotton planting area is estimated to be 7 million 415 thousand and 400 mu, an increase of 5.84% over the same period last year.

On the spot side, the quality of Xinjiang cotton has risen, the price is relatively strong, while the low quality cotton turnover is still not active.

In the short term, the quantity of warehouse receipts and effective warehouse receipts began to decrease, but the amount of warehouse receipts produced at present is still much higher than that of the unilateral contracts in May, which caused greater pressure on the May contracts. However, the spot price is stable and it will support the May contract. Therefore, it is expected that the May contract will fall and rise, but the reduction space is also expected to be limited.

The main contract is affected by the 05 contract, and the weak trend is expected.

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