Shandong Dezhou Cotton Prices Fell, Cotton Farmers Were Reluctant To Sell
In the past half month, the cotton price in Dezhou City, Shandong Province has continued to fall, and the purchase price of seed cotton has fallen below 3 yuan/jin. Cotton farmers are reluctant to sell because of the low price. Cotton enterprises dare not accept losses. Some enterprises have stopped collecting, and the cotton market is almost stagnant.
According to statistics, as of November 30, 47 cotton enterprises in Dezhou City had processed 39200 tons of lint (of which cotton from Hebei, Tianjin and other places accounted for a large proportion), 56% of the same period last year. The cotton quality of this year is obviously better than that of previous years. Except for the large micronaire value, other indicators are stronger than that of previous years. Among them, white cotton grade II accounts for 5.86%, white cotton grade III accounts for 86.8%, white cotton grade IV accounts for 5.29%, and light spot dirty cotton grade I accounts for 1.54%.
This year's cotton harvest is good, but the price has declined significantly. This year, the cotton planting area of Dezhou City is 680000 mu, with an average yield of 520 jin/mu of seed cotton per unit area and more than 600 jin/mu of high-yield plots, which is nearly six years ago Come the year with the highest output and best quality.
Cotton farmer I wanted to sell at a good price and have a good harvest. Unexpectedly, the price of seed cotton on the market in September was only about 3.3 yuan/jin. In the past half month, the price of cotton has dropped sharply. At present, it has fallen below the lowest psychological price of 3 yuan/jin, down 1.2 yuan/jin compared with the same period last year.
The price of 3 yuan per kilogram means that Planting cost As well as labor costs, planting cotton is basically not profitable. If you rent land to hire people to grow cotton, you will lose More. Many cotton farmers said that they would not plant or grow less cotton next year, and it is expected that the cotton area in Dezhou will decline by more than 40% next year.
the near future Cotton enterprise It's not easy. It is understood that the market price of lint in October this year was about 14600 yuan/ton, but in recent days the market price has dropped to about 13000 yuan/ton, falling within a week 500 yuan/ton, down by 1500 yuan/ton in one month. It is a general loss that the previous purchase has not been sold. The person in charge of cotton enterprises complained that cotton could not be harvested this year, and many cotton enterprises have stopped harvesting.
Dezhou City There are 85 400 ton cotton enterprises in total, only 47 of which are processed this year, which is the lowest operating rate in recent years. As the cotton resources are getting less and less and the profit is meager, half of the cotton enterprises will change production or close down next year. Because of cotton The price has dropped sharply and the specific rules for direct subsidy of cotton have not yet been issued. Cotton farmers are eager to wait and see whether to make up by area or by output. At present, the sales progress is only about 20%, which is about 30% slower than in previous years.
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