Wusu Seed Cotton Purchase Price Hit A Record High
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In early October, reporters at the gate of Guangming cotton mill in West Lake town saw that the vehicles from the 124 regiment and 125 regiment of the seventh division of the surrounding farm, Jinghe County, Ho Bu se se Mongolian Autonomous County and some towns in Wusu city were selling dragon. Ma Dong, the 68 year old uncle of Ma Chang Hu Village in Wusu city, happily told reporters: "this is only an acre of land, it sold more than 4000 yuan. I planted cotton for more than 10 years. This year, cotton sold the sky price, very happy."
Wang Hui, director of the Guanghua cotton processing plant, told reporters that the acquisition of cotton has been delayed for half a month this year due to climate reasons. After "eleven", it has entered the peak period of cotton purchase. This year, the company plans to acquire 120 thousand tons, and has now received 1500 tons. Since the beginning of the scale, the price of cotton has been 9.3 yuan per kilogram, and has climbed to more than 10 yuan in recent days.
For the main reason for the rise in cotton prices this year, Chen Jindou, deputy director of the Agricultural Bureau of Wusu city, analyzed: first, the bad weather last year, resulting in a reduction in cotton production, resulting in a decline in inventories. The two is economic recovery. The demand for textile industry is increasing and the demand for cotton raw materials is increasing. Three, with the increase of agricultural prices and the rise of labor market prices, the cotton planting area in the Yangtze River and the the Yellow River River Basin has dropped significantly, which has further increased the trend of cotton prices in Xinjiang.
It is understood that this year, Wusu cotton planting area of 599 thousand acres, only this one, cotton farmers can increase more than 1000 yuan.
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