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Cotton Prices Fall, Akesu Cotton Enterprises Stabilize Cotton Farmers' Income Decline

2011/10/21 10:52:00 18

Cotton Prices FallCotton Enterprises Stabilize Cotton Farmers

Due to the reduction in prices of cotton and cotton and other international and domestic prices, cotton prices in Xinjiang and Akesu provinces in the cotton producing region are much lower than in previous years. Cotton purchasing capacity of local cotton mills and cotton processing factories has been greatly improved, production and sales are basically stable, while cotton farmers' income has declined compared with last year.


It is understood that at present, local long staple cotton

Price

Between a kilogram of 10 yuan and 11 yuan, the price of upland cotton is 8 yuan to 9 yuan a kilogram, compared with last year, cotton price is 4 to 5 yuan per kilogram, and the decline is 30% to 40%.


With the bumper harvest of cotton and the support of the state's policies and funds for cotton processing enterprises, this year a large number of enterprises began to buy cotton lint. Song Rui, general manager of Akesu Xinfa cotton industry limited liability company, said: "the market situation is better than the first half of the year. After the new cotton listing, the cotton price basically matches the current price of cotton yarn sales. By September, the company achieved sales of 4.5 billion."


This year's cotton prices are much lower than last year, which has helped some cotton spinning and cotton processing enterprises. However, most cotton farmers also believe that this year's cotton market is not optimistic, and this year's cotton production, plastic film, fertilizer and other means of production, as well as management costs, and pick up prices of flowers and other factors, although cotton harvest is good this year, but revenue is higher than last year.

Differ

Larger.


Reporters came to Akesu West Bridge prosperous cotton and cotton processing factory, saw the processing factory doorway lined with many vehicles carrying full cotton ready to sell, Tang Tianguo, a cotton farmer of Akesu thermal Township, told reporters that he planted 190 mu of cotton this year, cotton production is better than before this year, but this year cotton prices are much lower than in previous years. Last year, his family sold 12 yuan a kilogram of cotton, and this year his family bought only 8 yuan a kilogram of cotton, this year's cotton prices are not satisfied with him.


Tang Tianguo, a cotton grower in the heat village of Akesu, said: "I planted last year.

cotton

110 acres of land, sell about 300000, this year planted 190 acres of land, estimated to only sell about 200000, a deficit of 10 tens of thousands a year.


It is understood that cotton prices continue to rise last year, many cotton farmers cherish cotton, and cotton processing enterprises are faced with funds but can not get cotton, can only wait and see, and cotton prices this year listed cotton prices have not seen a sharp rise in the situation, and cotton farmers return to reason, and actively sell new cotton.


Zhao Dianfeng, director of the cotton processing plant in Awati County town, said: "we can only take thirty or forty tons or forty or fifty tons every day when we start buying, and now farmers are not willing to sell them when they are declining. They must be sold quickly.

cotton

We buy about more than 300 tons a day. Compared with the same period last year, our cotton purchase volume is much larger than that of last year. We are also actively promoting the production of lint and actively selling lint. "

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