The Purchase Price Of Long Staple Cotton Is Soaring, And Market Makers Are Promoting The Production Of Long Staple Cotton?

Recently,

Akesu area

The purchase price has risen to a maximum of 8.3 yuan / kg, up 0.6 yuan / kg compared with 7.7 yuan / kg in early November, and maintained a rising trend.

It is understood that the rising price of long staple cotton in early November has something to do with the price raising behavior of a local cotton enterprise, but the price has risen to 8.3 yuan / kilogram.

According to the enterprise, the main reason for raising the price is the enterprise.

Factory needs.

In view of the current situation of rising prices, the price raising action of the company is only a fuse. Market participants began to hype the production of long staple cotton.

It is understood that the area of Akesu's long staple cotton in this year is 1 million 912 thousand and 500 mu, only 933 thousand and 700 mu last year, an increase of 51% over the same period last year. This is the main reason why the price of long staple cotton is down in the early stage.

Because of the unsuitable weather conditions for long staple cotton production this year, the number of sitting peach is low, the top flower is falling off and the cotton bolls are light. The industry expects that the yield of long staple cotton will be 200 kg / mu this year, a decrease of 20-30% compared with last year.

Although the acquisition is hot, the sales situation of long staple cotton is not optimistic. Slow production and large area increase will not necessarily reduce the total output of long staple cotton.

The most important thing is weather. This year, the quality of long staple cotton is not as good as that of last year, and its length is mainly 35-36mm.

At present, the high price can grab part of the seed cotton, and the cotton farmers are reluctant to sell their emotions. If this trend is maintained, the sale of long staple cotton is expected to end in late November and early December.