According to the voice of China "CNG news" 10:15 reported that since last October, domestic cotton prices have soared, a record high since 2003. In the past two years, the national cotton planting area has been reduced by about 14 million mu. Facing the crazy cotton price and shrinking output, this year's "cotton fighting war" between more than 10000 domestic cotton spinning enterprises will be staged again. Details of the connection central station reporter Fei Lei.

Host: this round Cotton price What is the high background? Is cotton price crazy because of the abnormal weather such as floods and floods this year?

Reporter: This is one of the reasons. If this year, Russia and other CIS countries, encountered drought 。 Pakistan, the world's largest cotton producer and the fourth largest cotton producer in China and the world, suffered serious flooding.

So the tight fundamentals of supply and demand in the global cotton market are the main background of the rising cotton prices. For 15 consecutive years, the growth rate of global cotton production has not kept pace with the pace of demand growth. China's cotton import demand has increased by 24% since 1993. Relative to the US cotton stocks in 2010, also reached a new low since 1996. The market structure that is in short supply has laid the foundation for soaring international cotton futures prices. In addition, India, the second largest cotton producer in the world, began to implement cotton in April this year. Exit Embargo policy. It also helped cotton prices rise steadily. Compared with last year, the cotton planting area in China has generally decreased this year. The reduction rates in Hebei, Henan, Shanxi, Hubei, Jiangsu and Shandong are 7.1%, 8.7%, 21.98%, 12.3%, 11% and 5% respectively, while the magnitude of the decrease in the northern part of Xinjiang is more than 25%. In 2009, cotton planting area decreased by more than 14 million mu compared with 2007.

Host: why is the planting area shrinking? How can we solve the contradiction between high cotton prices?

Reporter: in 2009 cotton purchase price went all the way, cotton grower income increased, this year the price has the innovation high. But cotton farmers' enthusiasm for cotton planting is not high this year.

A Dezhou Cotton Association told reporters that the rise in seed cotton purchase price, compared to the advantages of grain and other cash crops are not prominent. There are varieties of grain subsidies, grain subsidies and comprehensive subsidies for agricultural products. There is a minimum purchase price policy for grain and no cotton. Farmers generally reflected that cotton was difficult to serve. From April to October each year, when the branches, fertilizing and medicine were not stopped, they could not wait to get temporary workers.

The comparative benefit of cotton planting reduces the enthusiasm of farmers to plant cotton. According to the Dezhou Cotton Association survey, in 2009, when cotton prices hit a record high, more than 10% of Dezhou's autumn seed and cotton were released. Industry experts believe that only by increasing the comparative advantages of cotton planting can farmers really get tangible benefits in order to stimulate cotton farmers' enthusiasm for planting cotton and expand their planting area.