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The Xiaobian net introduces six characteristics of China's cotton industry:

1. The number of cotton industry in China is the first.

The output is the first, accounting for more than 1/4 of the world's total output. Consumption is the first, accounting for nearly 1/2 of the world's total consumption, and the volume of imports is the first, accounting for about 1/7 of the world's total output.

2. Cotton production area is relatively concentrated.

The main production provinces are Xinjiang, Shandong, Henan, Hebei, Hubei, Jiangsu and Anhui, and their output accounts for about 80% of the total output of the country.

3. The fluctuation of cotton planting area is large.

The cotton planting area in China varies greatly.

Influence.

The price is high this year, and farmers will have many kinds next year. On the contrary, there will be fewer species, and the adjustment area will be larger.

This situation increases the price fluctuation range between the year, and increases the risk of production and operation.

4, cotton consumption is relatively concentrated.

The main selling provinces are Shandong, Jiangsu, Henan, Zhejiang, Hubei and so on, accounting for about 66% of the total consumption.

5, the pace of cotton marketization is fast.

China's cotton industry has gone through half a century of planned economy and eight years of market economy.

In 1999, the cotton market was completely liberalized; in 2001, WTO was added; cotton futures trading was launched in 2004; and textile quotas were abolished in 2005.

Although the opening time is only eight years, the pace of marketization is relatively fast.

6. The influence of cotton fluctuation is large.

The cotton industry chain is long, involving agriculture - Textile Industry - business.

Cotton is planted from raw cotton, picking, ginning, storage, textile, production, circulation and processing. It involves tens of millions of agricultural households, about 150 million of the agricultural population, 300 thousand of cotton ginning workers and 18 million of textile workers.

Cotton variety attributes determine that there are many factors that affect cotton prices, and the price fluctuation of cotton is large.

From the point of view of production, cotton price change makes the comparative benefit of planting cotton fluctuate greatly in the year.

The planting area fluctuated year by year, which in turn aggravated the fluctuation of cotton prices.

In the past 90 years, the cotton planting area in China has reached 102 million 600 thousand mu, with a minimum of 55 million 950 thousand mu.

Moreover, the weather, especially the waterlogging in the harvesting season, has a greater impact on cotton yield and quality.