Prices Are Strong &Nbsp; West African Cotton Is Expected To Increase Production.
West Africa is in the middle of the planting season. We are all looking forward to it.
planting area
The increase.
The ginning yard is fully utilized.
New York Market
The high and favorable US dollar exchange rate has already sold about 2/3 of the target output of 10/11, and the price level is hard to see in the past ten years.
The cotton mill is making full use of this advantage to encourage farmers to increase their planting area.
Therefore, we predict that production will increase by 15% to 20%.
Unfortunately, this recovery can only increase the total output to about 600 thousand tons, compared with the previous record of 1 million 200 thousand tons.
The weather will become an important topic in the future, but most areas will have good rainfall.
From the point of view of logistics, old flowers have been basically arranged.
As it mainly involves shipment between May and July, the port will encounter difficulties in shipping.
In addition, due to the smaller container and shipping volume, whether the origin can be delivered or not, all previous sales are still unknown.
Supplement:
Important cotton producing countries in Mali
cotton
According to data released by company CMDT, cotton production in Mali from 2008 to 2009 is estimated at 210 thousand and 200 tons, less than half of the 462 thousand tons previously predicted.
CMDT said that the main reason for the decline in cotton production in Mali was high fertilizer prices and heavy burden on cotton growers.
In addition, the Malian government has encouraged farmers to grow rice to alleviate the pressure of food supply, resulting in the pformation of some cotton growers into rice, which is also one of the reasons for the decline in cotton production.
According to CMDT data, cotton production in Mali from 2007 to 2008 was 242 thousand and 200 tons, down 40% from the previous year, the lowest level in many years.
Mali was once the largest cotton producing country in West Africa. Cotton is the second largest export product after gold. The direct and indirect employment of cotton industry is 3 million.
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