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In 2012, The Overall Supply Of Cotton Was Adequate, And The Price Trend Was Mainly Stable.

2012/10/5 12:18:00 95

CottonSupplyPrice

 

Recently, a reporter from the Shandong branch of the Agricultural Development Bank held the new cotton purchase reserve fund symposium, this year: cotton The overall supply is still adequate, and the cotton market is still dominated by stability, and prices will fluctuate around the price of the country's import and export.



 


According to reports, cotton planting area in Shandong province is about 10 million 200 thousand mu this year, a decrease of 1 million 89 thousand mu compared with the same period, a decrease of 9.6%. Early cotton growth is good, and later affected by natural disasters such as heavy rainfall and typhoons, cotton fields in some cities are seriously affected, and some cotton fields are cut down and reduced. If there are no major natural disasters in the late period, it is estimated that the total output of cotton in our province will be around 730 thousand tons, down by 7% over the same period last year.


According to the survey, this year Shandong The main cotton growing area in Dezhou province has been greatly reduced in cotton planting area. Meanwhile, affected by the tropical storm, cotton production in this region has been greatly reduced this year. The best mu yield is only about 400 Jin, far below the average yield of 600-700 Jin of cotton in the past year. At present, the price of the cotton market in this area is 3 yuan / Jin --4.0 yuan / Jin.


According to the cotton association of China, the cotton planting area in China is 73 million 150 thousand mu this year, down 8.8% compared with the same period last year. However, because the price of fruit and tomato in Xinjiang dropped by more than that of cotton, the cotton planting in Xinjiang cotton area increased slightly, and the overall cotton production situation in the whole country was better. If there were no major natural disasters in the late period, the total output would be about 6 million 600 thousand tons. At the same time, the state issued the new year temporary storage and purchase plan, the standard grade lint temporary storage and purchase price was adjusted to 20400 yuan / ton, an increase of 600 yuan / ton compared with last year. temporary store up The price increase will play a strong supporting role in stabilizing the market and make cotton prices unlikely to fall sharply.

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