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Cotton Prices In Anhui's Main Cotton Producing Areas Rose &Nbsp In May 25Th, And Stock Prices Were Low.

2010/5/25 11:36:00 53

Cotton Enterprises

In the past week, the price of Anhui's non cotton lint has increased rapidly. In May 24th, the price of the weaker 3 grade lint was quoted at 17500 yuan / ton, up 900 yuan / ton compared with 17 days. market A small deal.



The total output of local lint is more than 50 thousand tons this year. Up to now, there are still five thousand or six thousand tons of stock left. If it is spread to more than 300 local cotton enterprises, the stock will be very small. At the moment, the price of lint cotton is rising unstoppable. Therefore, most local cotton enterprises believe that the risk of hoarding is small and they are reluctant to sell.



On the 19-21 day of May, 50 farmers in Bozhou, Anhui, had a total cotton planting area of 159 acres (50 mu of wheat stubble cotton) this year, an increase of 12 Mu compared with the March intended planting area, a decrease of 6 Mu compared with last year, with a reduction of 3.6%.



According to cotton farmers, although the price of seed cotton has been rising continuously since 2009, the price of medicinal herbs has been increasing in recent years. market The rise in demand continues to rise (with the reputation of "the hometown of medicinal herbs"). The yield is higher than that of cotton planting, and the cultivation of medicinal materials saves time and effort, while cotton has been cut down for several years due to natural disasters, so that some farmers are slowly turning to planting medicinal herbs and other cash crops. However, most cotton growers are satisfied with the price of seed cotton at the end of this year and are optimistic about the price of the new year.



Since the cotton planting in late April, the local weather has been fine and the rainfall is moderate. The emergence rate is as high as 95%. At present, the cotton seedling grows well, with a height of about 15 centimeters. There are two big two small leaves, and no pests or diseases have yet appeared. In addition, the local wheat stubble seedling will soon be completed by the end of the month, and it is expected to end before mid June.



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