Xinjiang Cotton Has Entered The Boll Bell Period And Cotton Companies Have To Actively Seek Outsourcing Or Cooperation.

In July, Xinjiang cotton has entered the ring of cotton boll. It is very pleasant to see, the harvest is in sight, and the Xinjiang cotton enterprises are also mixed.

It is understood that most of the northern Xinjiang cotton growth is better than the same period last year, although there are hot weather hit, but most cotton farmers are still optimistic about the cotton production this year.

Recently, the Xinjiang Office of the China Cotton Storage Information Center visited the nine buildings, eighty-four townships, and the town of HA bubuzhen in Wusu city, northern China. According to Mr. Song and Mr. Yang, the average cotton boll number is about 10. As long as water and fertilizer and field management measures are in place, it is estimated that the yield of seed cotton can reach about 400 kg.

Cotton harvest is in sight, local cotton

Processing enterprises are mixed.

The joy is that the cotton planting area is increasing this year, and the output is expected to increase. The enterprises will not fall into the awkward position of not getting cotton. What worries is that even after receiving, what is the market in the late stage and how much profit it can bring to the enterprise is unknown.

At present, some enterprises have begun preparations for the maintenance of processing equipment. According to Wang general, a local enterprise, although the spot price combined with futures price operation last year, the sale of lint was successfully completed, but the profit was also very low.

This year the surrounding area of machine picked cotton has increased, and enterprises are investing in capital for equipment pformation. This year's overall business strategy is to focus on quality, small profits but quick turnover.

Some more

In the last year, the processing enterprises suffered losses in operation, and the acquisition loans were not yet available, so they had to actively seek outsourcing or cooperation.

According to statistics from the Ministry of agriculture of India, the planting area of autumn harvest crops in India increased by 20% over the same period last year, due to the abundant rainfall in most areas.

By the end of June,

The planting area of autumn harvest crops has reached 333 million mu, which is far higher than that of 280 million mu in the same period last year.

In June, the monsoon in most parts of India is in good condition, and the seeding progress in the next few weeks will continue to accelerate.

Up to now, India cotton planting is very gratifying, cotton planting area is almost 2.5 times the same period last year, the total cotton planting area has reached 69 million mu, compared with 28 million 500 thousand acres last year.

Among them, the area of Maharashtra increased by 9 million 765 thousand mu, and the increase of 4 million 740 thousand mu in trun - Na state.

In addition, India's bean planting area increased by more than 40% over the same period last year, reaching 28 million 200 thousand mu, and the area of rice and oil crops decreased, and the area of sugarcane was stable.

It is understood that at present, the total amount of small cotton in the the Yellow River river basin is not large, the quality is mainly low and medium, and the price is mostly below 14500 yuan / ton.

Downstream procurement is still not active, the main reason is the lack of integrity of small cotton, cotton enterprises can not easily start.

Reserve cotton spot price fell by 50-100 yuan / ton.

A trader in Shandong said that most of the traders were no longer hoarding cotton reserves, but they sold the spot market immediately after the shot.

Spot prices fell frequently, one is because the market pessimistic atmosphere strong, the recent Zheng cotton plummeted, two is due to this year's production is expected to be good.

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