Industry Observation: The Total National Output Is Expected To Increase After The Picking Of New Cotton In The Industrial Cluster

"At present, the picking and selling of seed cotton in Xinjiang has basically ended, and most ginning plants have stopped purchasing seed cotton and are concentrating on lint processing." The business head of a large cotton enterprise in Xinhe County, Xinjiang told reporters that seven ginning plants under their group have purchased 160000 tons of seed cotton this year, and it is expected to process more than 60000 tons of lint. Worried about the instability of lint prices, most of the lint processed by the Group has been pre-sale or hedged using futures instruments.

Yan Xu, deputy general manager of Yan's Dehai Agricultural Science and Technology Co., Ltd., said that this year, Xinjiang's cotton seed machine yield is high, the time of picking and listing is relatively concentrated, and the difference between the purchase prices of ginners is small. Due to the high yield per unit area in most production areas, and the steady mainstream purchase price of seed cotton market, the psychology of cotton farmers to sell seed cotton quickly changed from reluctant to sell to active. There was no obvious phenomenon of price raising purchase in the market, and all links of the industrial chain were well connected. However, from the perspective of downstream demand, it is relatively light compared with previous years.

The information released by the China Cotton Association shows that, at present, seed cotton picking and cotton farmers' sales are nearing the end in both Xinjiang and the cotton producing areas in the Yangtze River and Yellow River basins. At the same time, the peak of lint processing has passed. This year, the development trend of China's cotton yield, total yield, quality and market demand has become increasingly clear. So, what about the market situation?

In the middle of November this year, the Cotton Farmers' Branch of China Cotton Association conducted a survey on cotton planting area, yield, picking and sales progress of 1994 designated farmers in 10 provinces and cities and Xinjiang Uygur Autonomous Region. According to the actual picking and purchase of seed cotton, it is estimated that the national cotton planting area this year is 43.123 million mu, up 3.3% year on year. Among them, the cotton planting area in Xinjiang was 38.703 million mu, up 3.9% year on year. At the same time, the total output of lint is expected to be about 6.355 million tons, up 8.1% year on year.

According to the reporter, after the cotton planting in Xinjiang, the climate conditions in the production area are suitable and the growth trend is good. The cotton yield in Aksu, Kuqa and other places has reached a new high. It is estimated that the lint yield in Xinjiang is about 6023000 tons, up 9.3% year on year, accounting for 94.8% of the total national output. As of November 15, the national seed cotton sales price remained stable. In the first half of November, the national average sales price was 6.3 yuan/kg, down 17.3% year on year. At present, the number of stopped harvest ginning plants in Xinjiang is gradually increasing, and some cotton farmers are more active in selling because they are worried about the price decline in the later period.

"Recently, our lint salesmen have visited merchants in Henan, Shandong, Jiangsu, Guangdong and other places. There are not many growth points of cotton downstream demand, and lint supply is sufficient. It is expected that lint sales will remain tepid by the end of the year." The head of a cotton processing enterprise in Shihezi, Xinjiang, said that although New Year's Day, Spring Festival and other festivals are approaching, However, the peak demand season of the domestic textile and clothing industry is not strong, the textile orders in the southern coastal areas are not performing well, and lint traders and textile mills mainly purchase on demand.