Shandong: Cotton Grower &Nbsp, Lint Cotton Yarn Collective Price Increase

2010/9/27 11:23:00 38

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Shandong Cotton Growers

This year,

Shandong Province

Dezhou Xiajin county and Wucheng County, the two national cotton producing counties

New cotton

Listing is 10 days later than in previous years.

It was only half a month from September 10th when new cotton was listed in September 25th.

Unginned cotton

The purchase price rose from 4.1 yuan / jin to 4.9 yuan / Jin; the lint price was directly raised to 19000 yuan / ton, 25 days had reached 22500 yuan / ton; and the price of ordinary cotton yarn also increased from 26000 yuan / ton to 33000 yuan / ton, and combed cotton was as high as 35000 yuan / ton.

Cotton processing enterprises and cotton textile business owners share the same view: market changes are totally beyond everyone's expectations.

Wang Xinjun, general manager of Shandong Huaxing Group Cotton Industry Co., Ltd., in August this year, predicted that cotton prices would drop when new cotton came into the market, so his company also handled some inventory in August.

Liu Guanghou, general manager of Tianhong textile mill in Xiajin, Shandong, predicted cotton prices would rise before new cotton went public, but he didn't expect it to go up so much.

Cotton as a major agricultural product (20.70,0.75,3.76%), although the market is fully liberalized, but after all, there is regulation of the state reserve cotton throwing and storage, why is it like a runaway wild horse, prices soaring all the way, pulling can not pull?

From September 19th to September 25th, we went deep into two cotton producing counties in Xiajin and Wucheng, and conducted a week's follow-up interviews with front-line personnel such as cotton farmers, cotton traders, cotton processing plants, cotton textile mills, cotton and hemp companies and cotton cooperatives.

Trying to outline the road map for higher cotton prices.