Domestic Cotton Prices Have Gone Through The Winter.

From the end of last year to the end of this year, cotton prices continued to decline.

A cotton grower in Xinjiang told reporters that the price of seed cotton in Xinjiang last year was between 11 yuan and 12 yuan per kilogram.

The reporter understands, at present, the purchase price of seed cotton in Turpan cotton producing area of Xinjiang is 3.65~3.85 yuan per catty.

A lot of money entered the cotton market at the end of last year, making cotton prices rising all the way, and with the extrusion of "capital bubble" in the cotton market at the beginning of this year, the price of cotton declined. The main reason for the large fluctuation in cotton prices was the injection and extraction of capital bubbles.

Qu Cheng pointed out that, on the one hand,

The reporter learned from the China Cotton Association that the planting area of the main cotton producing areas in China increased by 5%~8% over the same period. Under the condition of no bad weather, China's cotton production is expected to yield a bumper harvest.

At the same time, cotton production and market demand remain low, which may further aggravate the low price of cotton market.

At present, the cost of picking up cotton for short time workers has reached 2~3 yuan per kilogram, compared to 0.6 yuan per kilogram.

Labor costs rose faster, while irrigation water, pesticides and fertilizers also rose.

In order to avoid the loss of cotton prices to cotton farmers and maintain the enthusiasm of cotton growers, the relevant state departments in August 4th studied and implemented the plan for the temporary storage and storage of cotton in 2011.

The plan points out that this year

At that time, the cotton temporary purchase and storage plan will bring support to cotton prices. Whether the cotton price can turn from "cold" to "warm" will need to be tested by the market.