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Xinjiang Cotton Is Still Around 27 Thousand And 500 Yuan Per Ton Of Standard Cotton.

2010/12/16 9:27:00 53

Xinjiang Cotton

   As China's main Cotton producing area Xinjiang cotton price is often regarded as a weathervane of cotton price fluctuation. In the short span of 60 cotton days in September 10, 2010, the cotton prices in Xinjiang rose by over 10000 yuan per ton in the short span of November 10th, while the domestic cotton futures prices doubled in the same period, reaching a historical maximum of 33 thousand yuan, and the increase in two months was as high as 50%, which was the highest in 10 years in Xinjiang. Record


Even now, although cotton prices have dropped in mid November, they still maintain between 27 thousand and 500 yuan and 28 thousand yuan per metric ton of standard cotton.


The rise in cotton prices loth the vast majority of cotton farmers in the upper reaches. "This year's income is at least two or three times higher than that of last year." Looking at rising cotton prices, cotton farmers NIM njzi in Akesu, Xinjiang chose cotton picking. Reluctant sale 。


As cotton prices continue to soar, the cost of picking up is also rising. During the cotton pick-up this year, the attendants of a three star hotel in Akesu, Xinjiang, all run to pick up cotton, which makes hotel managers very headache. Attendant Ay Guli said: "picking up a kilogram of cotton can earn two or three yuan. Now it's not picking up cotton at all. It's collecting money. "


After the rise of cotton prices, the prices of cotton yarn and cotton cloth are also rising along the way. The cyclical rising price curve makes the operators of the chain of textile industry panic, and the production enterprises such as garment factories and other end products are bitter.


   The fourth quarter was originally the busiest production season for needle spinning foreign trade enterprises in the year. But in Zhuji Datang Town, Zhejiang, there are a dozen small socks enterprises with more than a dozen hosiery machines, many of which are closed and shut down.

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