Investigation Report On Cotton Purchase In Xinjiang

The price difference between inside and outside is enlarged.

In spite of the continuing downturn in the industry and the lack of cotton demand, the new cotton purchase in 2012 was faster than the earlier one, but the sales of cotton growers were faster.

Reporters in China's cotton main production area - Xinjiang research found that "mainstreaming" and "single capital" has become the main feature of new cotton acquisitions.

Import and storage mainstreaming - cotton price upside down to encourage enterprises to actively store

Jiang Xinmin is the chairman of the cotton mill in Hutubi County, Changji, Xinjiang. Since her scale began in September 4th, the company has acquired 10000 tons of seed cotton.

"The only way to buy new cotton this year is to store it."

Lao Jiang believes that with the current market price of 18500 yuan / ton up and down, the price of entering the State Reserve is 20400 yuan / ton, and the purchase of cotton will certainly be the best choice.

"In the past, cotton was sold to Jiangsu and Zhejiang provinces, but this year the situation is special, basically no one to buy."

Lao Jiang said that after the drip irrigation technology was introduced this year, cotton production per mu increased by more than 100 kilograms. The supply of abundance brought about a decrease in the market price. The market price and the storage price were close to 2000 yuan / ton, which allowed the acquisition companies to compete for the "meat and potatoes" in Xinjiang.

According to the reporter, this year, cotton enterprises regard storage as the most important sales channel, and become the mainstream choice of purchasing enterprises. However, the competition in the storage process is rather fierce. Due to the constraints of storage capacity and quality, the enterprise has not yet realized "can store up and store up".

On the one hand, it is the active purchase and storage of acquiring enterprises, while the price of cotton continues to go down, and the problem of internal and external cotton price inversion is becoming more and more prominent.

Since the opening of the scale, the price of cotton has been fluctuating around 15000 yuan / ton, which has further lowered the market price. Textile enterprises have been striving for quotas in order to get cheap cotton.

One of the main reasons for the inverted price of domestic and foreign cotton is that the cost of domestic cotton planting has increased considerably this year. Gao Yonggui, a five village worker in the town of Hutubi County, said that the cost of picking cotton has increased by 900 yuan per year, accounting for half of the total cost.

In a cotton field in the five Jia Qu city, Liang Jianmin, a flower picker from Anyang, Henan, told reporters that the amount of cotton picking per day is about 80 kilograms to 90 kilograms. According to the wage of 1.85 yuan / kilogram (excluding tickets and meals), the new cotton season can earn more than 6000 yuan.

Huang Lijun, chief economist of the six agricultural division of the production and Construction Corps, pointed out that in, the Xinjiang machine picked cotton was popularized faster, and the planting area increased by about 5 million 500 thousand mu, an increase of 1 million 500 thousand mu over last year, an increase of 37.5%.

"But there are also shortcomings."

Zhao Tiejiang, general manager of cotton and flax company, a supply and Marketing Cooperative of the six agricultural division, pointed out that machine production resulted in the decrease of cotton velvet length, the increase of impurities and the overall decline in quality.

Because the storage must be more than four grade cotton, quality factors make many enterprises purchase cotton can not be stored, and the market is not smooth.

2012 in the cotton year, the cotton picking, purchasing and processing progress was faster than that of the same period last year, driven by the implementation of the policy of limiting cotton prices to open storage and raising the price of temporary storage and storage.

Due to the rapid progress in cotton purchase and purchase and storage, the demand for cotton funds is large and concentrated.

Reporters learned in the survey that, because of the uncertainty of price risk, the amount of funds in the acquisition of new cotton has been greatly reduced. Financial institutions such as commercial banks are cautious in entering the market, and the amount of funds is significantly less than in previous years.

As the main force of the policy support for grain and oil storage and purchase, the Agricultural Development Bank of China has become the main channel for the purchase of funds. The acquisition of new cotton has the characteristics of simplification of the source of capital contribution, which has increased the pressure on the supply of funds from the agricultural development bank.

Tian Xinchun, vice president of the Xinjiang branch of the Agricultural Development Bank, pointed out that under the current tight credit scale, the Agricultural Development Bank, on the one hand, urged the enterprises to speed up the sale and withdrawal of the loans and so on by ensuring the size of the loans of other types of loans.

On the other hand, we must continue to strengthen communication and coordination with the central storage cotton company, accelerate the progress of capital settlement, and ensure that the storage and storage enterprises can get all the savings in time.

In addition, Tian Xinchun said that the Agricultural Development Bank has led the buyout enterprises to establish a sound business philosophy of "quick acquisition, quick processing, quick delivery and storage". They attach great importance to the acquisition and processing quality in risk prevention and control, urge enterprises to speed up the sale of cotton by-products, and implement the third party supervision and warehouse receipt pledge management.

Data show that as of November 20th, the issue of agricultural issues

The purchase of loans amounted to 66 billion 300 million yuan, an increase of 12 billion yuan compared with the same period last year, and support for the acquisition of 62 million 930 thousand tons of lint by the enterprises, an increase of 15 million 70 thousand yuan over the same period last year, and a total of 34 billion 800 million yuan of loans to the Central Cotton Storage Company for the issuance of temporary cotton reserves.