Cotton Prices Continue To Fall In Xinji, Hebei Province; Cotton Planting Enthusiasm Is Rising

On April 8, Xinji, Hebei Grade 3 large bale cotton offer 29700 yuan / ton Gross weight (with ticket, the same below), 29100 yuan / ton for level 4 and 28600 yuan / ton for weak level 4, all compared with 7 days fall The price of small bale cotton is 100-200 yuan / ton lower than that of large package cotton of the same grade. The quotation of Xinjiang cotton of grade 2 is 31000 yuan / ton (delivery and cash settlement, the same below), and that of grade 3 is 30700 yuan / ton, which is the same as that on July 7, with a decrease of about 1000 yuan / ton compared with that of the first day; The price of weak grade 3 seed cotton was 5.90 yuan / jin (37% lint percentage and 10% moisture regain rate), 5.80 yuan / Jin for grade 4 and 5.75 yuan / Jin for total cost, all of which decreased by 0.01-0.02 yuan / Jin compared with that on the 7th Cotton enterprise We have stopped collecting and concentrate on selling lint in stock.

At present, local cotton farmers are actively purchasing cotton seeds, chemical fertilizers, pesticides, plastic film and other agricultural materials. The overall price is 15-20% higher than that in 2010. It is estimated that the physical and chemical cost of cotton planting will reach 1000-1100 yuan / mu. According to cotton farmers, due to the high price of seed cotton this year, cotton farmers have a net income of 1600-1700 yuan per mu, which is higher than other food crops. Cotton farmers are enthusiastic about planting cotton, and the cotton planting area is expected to increase by about 15% compared with that in 2010. Due to the drought, most cotton farmers are now watering the soil to conserve soil moisture and concentrate on sowing in mid April.