The Purchase Price Of New Cotton Has Risen By &Nbsp, And The Downstream Textile Enterprises Can Not Afford To Buy It.

According to voice of China "national news broadcast" reported that cotton everywhere Buy The work has been started. Due to the reduction of planting area and rainfall, the purchase price of cotton in 2010 has increased significantly, and the downstream cotton textile enterprises are facing enormous cost pressures. Small and medium-sized textile enterprises in Shandong are in a state of reduction or half production; Ningbo textile enterprises in Zhejiang have considered building their own cotton bases.

In the key cotton producing area of Shandong, Dezhou, the acquisition of cotton has been fully launched. At present, Dezhou Seed cotton purchase The price reached 8.8 yuan per kilogram, up nearly 50% over the same period last year, a record high. Pang Jinzhu, director of the cotton technology station of Dezhou Agricultural Bureau, said that in addition to factors such as the reduction of planting area, the continuous rainfall in August this year has a great impact on cotton.

Dezhou Agricultural Bureau cotton technology station stationmaster Pang Jin Zhu Fewer bolls, higher bolting rate and more rotten bolls are the main reasons for the reduction of cotton yield this year.

According to statistics, only cotton production in Shandong is reduced by more than 10%, and the output of cotton and other cotton producing areas in Binzhou and Dezhou is even as high as 20%. In order to balance market demand, the state has increased the selling power of reserve cotton, but the effect is not very satisfactory. Continuous high cotton prices have made many small and medium-sized textile enterprises in a state of production reduction or semi shutdown.

Du Zhaochun, the head of Shandong Jialong Textile Co., Ltd.: at such a high price, it is said that it has reached the limit of cost. In response to this situation, the Shandong branch of the Agricultural Development Bank of China has raised 14 billion yuan as a new cotton purchase fund for the new year. It fully supports the purchase and sale of cotton and leading processing enterprises, and ensures the timely and full supply of new cotton purchasing enterprises' funds.

This is the season for new cotton to go public. In previous years, cotton prices at this time were the lowest in a year. But this year's situation is beyond all industry expectations. Cotton prices rose from 18 thousand and 200 yuan per ton in early September to 22 thousand and 300 yuan per ton now.

Zhou Jingguang, executive vice president of Ningbo VICCO Cotton Textile Co., Ltd.: from the beginning of September to the present, cotton prices have risen so fast like a runaway wild horse. It seems to be the first time that I have been engaged in textile for many years.

In addition to trying to find the source of cotton, Vic has already begun to shift its production base and plans to build its own cotton base.

Zhou Jingguang, executive vice president of Ningbo VICCO Cotton Textile Co., Ltd.: from a strategic point of view, we have already considered this problem. First of all, we plan to build the factory and spanfer the industrial base of cotton base.