Cotton Prices Are Down By 20% Over Pengze Because Of Bad Market Conditions.

Here world clothing Shoes and hat net's small compiling to introduce to you is Pengze cotton fell by over 20%.

According to the report, in November 9th, Xu Leiming, President of Pengze County Cotton Association, told reporters happily that the country had introduced cotton growers. Patch The market will remain quiet in the busy season. It is understood that some local enterprises are ready to go to the countryside to harvest cotton, and cotton farmers are also planning to sell them.

In October 22nd, this newspaper reported almost no one to buy 230 thousand acres of cotton planted by cotton growers in Pengze County cotton producing county. This year, the acquisition of Pengze cotton is not as good as it used to be. Cotton enterprises are watching because the market is not good enough. The price of seed cotton is 6 yuan to 6.4 yuan per kilogram, which is 23% lower than that of last year. Because of the low price, Pengze cotton farmers have to sell it.

It is reported that according to the new cotton policy of China this year, cotton target price policy is implemented in Xinjiang, and other temporary cotton storage and withdrawal policies are abolished. In November 9th, the reporter learned that the China Cotton Association has issued a notice to the outside world. The relevant departments of the state recently held a joint inter ministerial meeting on the pilot project of cotton target price reform, and made clear the details of the cotton patch in the mainland, with an upper limit of 2000 yuan / ton. According to the bulletin issued by the China Cotton Association, the mainland's Supplemental Posts range from 9 provinces such as Jiangxi, Shandong and Hubei. In 2014, the standard of supplementary posts is 2000 yuan / ton, and the standard of supplementary posts in the following year is based on 60% of Xinjiang's supplementary posts, with a ceiling not exceeding 2000 yuan / ton. The central government's main supplement to cotton producing provinces is based on the cotton output determined by the National Bureau of statistics, which is determined by the provinces independently, and can be selected according to the area or by production. Supplementary funds require special account management, closed operation and earmarked appropriation, and shall not be reserved, occupied or misappropriated, so as to ensure that the supplements are put into the hands of cotton growers.

November 7th, province Agriculture The analysis of the monitoring results and trend of the main agricultural products (000061, stock bar) and agricultural products prices in our province shows that the price of seed cotton has dropped by over 20% over the same period, and the problem of selling cotton is likely to be a problem in the later stage.