Shandong: Cotton Growing Well, Enterprises Stop Production And Increase

Recently, the weather in Shandong Province is generally good, which is conducive to cotton growth. According to the feedback of cotton yield per hectare in binze and Hezhou in 2019, the average yield of cotton in binze and Hezhou is expected to be 420 kg / mu. In particular, this year, cotton farmers introduced high-quality varieties and intelligent mechanization of field management, many cotton farmers even optimistic that the yield of some areas this year is expected to exceed 600 Jin / mu.

However, a depressing reality is that this year's cotton planting area in Shandong Province will decrease again on the basis of 2019. For example, a market person in Dezhou said that the cotton area of the whole province in 2019 will be 25.395 million mu, but this year it will continue to decrease by more than 10%. It is estimated that the total output this year will be only about 185000 tons (about 200000 tons in 2019), that is to say, for many ginning plants, it will still be "more monks and less porridge".

It is expected that new cotton will be picked and listed in the market by the end of August this year, and some ginning plants have begun to prepare for the next year's cotton acquisition. The author understands that more and more ginning plants decide to give up cotton processing industry or transfer production capacity to Xinjiang. According to the analysis, the number of ginning plants will be reduced to about 100 in the second half of 2020.

Dezhou and Binzhou are very important cotton spinning and weaving production bases in Shandong Province. Now, they are withering everywhere. A textile factory owner said that the current cotton yarn backlog is very serious, orders can not be obtained, and the spot can not be sold. Where should the enterprise go? It's a headache. At present, the prices of these kinds of yarns are 17300 yuan / ton, 18400 yuan / ton and 11900 yuan / ton respectively, so no one is interested in them. The boss said that he had been owed wages to some workers for nearly two months, as well as water and electricity expenses. Now the enterprise has no money to buy raw materials and is about to be forced to stop production.

More and more problems perplex enterprises. More companies are expected to be forced into holidays by the end of July.