Since the launch of the new cotton market this year, the purchase price of seed cotton has been on the low side. At present, Shandong Province

First, this year's world.

The two is domestic cotton harvest, demand and last year ratio slightly reduced, supply and demand gap narrowed.

Three, the depressed market in Europe and America, the reduction of cotton textile demand, and domestic textile enterprises.

Four, domestic labor costs and raw material costs have risen, cotton textile costs have increased, international competitiveness has declined, and foreign trade orders have been pferred to some low-cost countries in Southeast Asia.

Five is the recent decline in cotton seed prices.

At present, the price of cottonseed has dropped to 1.04 yuan / Jin, a decrease of 0.38 yuan / Jin compared with the beginning of September.

It is estimated that the price of cottonseed will be reduced by 0.10 yuan per catty under the condition of lint price unchanged. The purchase price of seed cotton will be reduced by 0.06 yuan per catty, that is, in the past two months, the seed cotton price has dropped by 0.23 yuan / Jin due to the fall in cottonseed prices.