CCTV: China'S Cotton Output Decreased Slightly In 2010.

CCTV's "economic information network".

First, broadcast the headlines.

The meeting held that the market situation of cotton in 2010 is complicated, so as to maintain the domestic cotton market.

Chen Mengshan, chief economist of the Ministry of agriculture, said: "due to frequent meteorological disasters during the growth period, cotton in most provinces is undernourished or even underdeveloped, and the overall growth is not as good as ever. Especially since the middle of August, continuous low-temperature and rainy weather has been very unfavorable for cotton growth in some areas of main producing areas such as Henan and Shandong."

The seven sector: timely dissemination of cotton

China's cotton output has declined slightly this year, but cotton demand continues to grow, although the growth rate is slowing down.

The latest statistics show that in the first 8 months, China's textile and clothing exports increased by 23.8% over the same period last year.

In view of the fact that the demand for cotton production in China is still increasing, the meeting has asked for a plan to control cotton production and consumption, coordinate the work of cotton pportation and marketing in Xinjiang, and timely distribute the quotas of cotton imports in 2011, so as to regulate the supply and demand of domestic cotton market and stabilize the price of cotton.

Zhang Xiaoqiang, deputy director of the national development and Reform Commission, said: "the international cotton market is basically balanced in terms of production and demand, and the supply and demand situation has improved over the previous year. It is possible to maintain the basic balance of total cotton reserves through effective reserve regulation and effective utilization of International market resources."

Cotton price rises continuously

Affected by weather and other factors, China's cotton production will be slightly reduced this year, and demand is still growing. In addition, the weather in India, the United States and other major cotton producing countries is bad. It is expected to affect the cotton harvest this year, resulting in a sharp rise in international cotton futures prices. Last Friday, the New York futures exchange cotton main 1012 contract closed at 100.25 cents / pound, close to 15 years high.

The rise of international cotton prices has also been pmitted to the domestic market. In recent months, the price of domestic cotton futures has also risen steadily. From the map of the 1105 cotton contract of the Zhengzhou commodity exchange, we can see directly that in August 27th, the settlement price of the main contract of zhengmian 1105 was 17725 yuan per ton, and today the closing price of the contract is 21635 yuan per ton, which rose by 3910 yuan in a month, or up to 22.06%.

Xinjiang: seed cotton purchase price set a new high

Xinjiang is the main producing area of cotton in China, where the output of cotton accounts for 1/3 of the total output of the country and 1/10 of the world's total output.

This year, affected by the rise of international cotton prices and other factors, since the acquisition of new cotton in Xinjiang cotton region in mid September, the purchase price of seed cotton has shown a high trend in Changji, Shawan County and Wusu county.

By September 24th, the purchase price of new cotton reached 9.6-10.2 yuan per kilogram, and the purchase price of some cotton areas jumped to 11 yuan / kg, up from 50% to 70% over last year.

Xinjiang production and Construction Corps Jinsheng cotton processing workshop staff Yue Liang: "this year we did not expect the cotton market is like this, because we expect (kg) seven to five to seven yuan eight can scale, but we are in (kg) eight yuan to open the scales."

Zhang Haisheng, cotton grower of the 130 regiment of Xinjiang production and Construction Corps: "this year's price is very good. I didn't expect such a good price this year to satisfy the contractor this year.

I want to sell it now and go to the market. "

Why does cotton purchase price go all the way this year? The industry analysis thinks that first, because of the rise of international cotton prices and the warming of cotton yarn and downstream market, the demand for cotton market has increased. Meanwhile, some cotton growing areas in the middle and lower reaches of the Yangtze River and the Yellow River have suffered natural disasters, resulting in a decline in cotton planting area.

In addition, since the beginning of cotton picking this year, there has been a continuous rain and cool weather in some cotton fields in Xinjiang. The cotton bolting period has been delayed, making the market's cotton production expected to decline.

Wan Zhenhua, a cotton grower of the Xinjiang production and Construction Corps, told reporters that his cotton planting date was postponed for more than 20 days in the spring of this year due to climate change.

The date of picking is also delayed.

And after entering September, the continuous low temperature weather made cotton tardy.

Xinjiang production and Construction Corps 130 regiment 8 company worker Wan Zhenhua: "this year, the Spring Festival Gala, the spring temperature is low, virtually the cotton growth process has been delayed, to the back, the temperature in mid September is relatively low."

It is noteworthy that the entry of hot money into the cotton purchase market is also an important factor in driving cotton prices up.

In many places this year, cotton traders in the seed cotton market are more frequent than in previous years.

In order to rush to buy new cotton, some cotton traders went directly to the cotton field to wait for the purchase, and the cotton seeds picked by the cotton growers immediately sold away. After the layers of hands were thrown down, the seed cotton prices continued to push up.

Cotton prices are soaring all the way. Cotton textile enterprises are looking for countermeasures.

Cotton prices are soaring all the way, which is good news for farmers who grow cotton. This year's income should be good, but it is not good news for cotton textile enterprises with large demand for cotton. The price rises have caught them off guard. In addition to looking for raw cotton sources everywhere, many cotton spinning enterprises have begun to shift their production base to cotton producing areas, or simply start building their own cotton bases.

Yin Jiahui, director of the office of a cotton textile company in Ningbo, told reporters that the general manager of the company and the person in charge of the procurement of cotton had recently been away from business.

Yin Jiahui, office director of Ningbo VICCO Cotton Textile Co., Ltd.: "our boss is very busy these days. They have gone shopping outside, looking for cotton."

This is the season for new cotton to go public.

In previous years, cotton prices at this time were the lowest in a year.

But this year's situation is beyond all industry expectations.

Zhou Jingguang, executive vice president of Ningbo VICCO Cotton Textile Co., Ltd.: "from the beginning of September to the present, nearly half a month's time, cotton prices are like a runaway wild horse, because it did not expect that when the new cotton was going to be listed, the price went up so fast. It seems to be the first time that I have been engaged in textile for many years."

It is understood that every year around October, cotton mills are the least cotton stocks and replenish new cotton stocks.

However, cotton price has risen from 18 thousand and 200 yuan per ton in early September to less than 22 thousand yuan per ton in a month. According to the annual calculation of 25 thousand tons of raw cotton required by Ningbo VICCO Cotton Textile Co., it is necessary to increase the purchasing cost by 100 million yuan.

What worries the enterprises is that even though prices are rising all the way, cotton producers are reluctant to sell cotton.

Industry experts pointed out that under the role of price pmission, the cost of production of many cotton spinning enterprises has risen sharply and will have to raise the price of cotton yarn, which is a major blow to the textile market which is gradually warming.

Zhou Jingguang told reporters that besides trying to find the source of cotton, they have already begun to pfer the production base, and at the same time plan to build their own cotton base to reduce production costs.

Zhou Jingguang, executive vice general manager of Ningbo VICCO Cotton Textile Co., Ltd.: "the first step is to build the cotton base, that is, the project of building industrial pfer."

Reporters in the interview found that such an example is not a case in Ningbo's cotton spinning enterprises.

The head of a cotton spinning company in Ningbo: "our cotton base in Xinjiang has basically been contacted well, and we are ready to move the production base gradually."