Cotton Prices In Wuan Are Expected To Rise In The Short Term.

Informed by the Hebei provincial chamber of Commerce, market monitoring shows that the purchase price of cotton in Wuan city of Hebei continues to decline this year, down 35% compared with the same period last year. Cotton price It's still hard to pick up.

It is understood that by the high cotton price and high yield last year, the enthusiasm of cotton growers has been greatly improved this year. Cotton planting area has increased in China. According to statistics from relevant departments, the cotton planting area has reached 81 million mu this year, an increase of 5.2% over the previous year. Plus cotton harvest this year in China's cotton area, resulting in a continuous decline in the price of cotton.

Affected by this climate, Wuan's cotton purchase price hovered around 4.20 yuan per kilogram this year, and the highest price has not reached 5 yuan / Jin. Last year, the purchase price of cotton in Wuan City reached 4.70 yuan / Jin, the highest reached 7 yuan per catty.

According to reports, this year's cotton harvest season in Wuan more rain, right. cotton Harvest is bad, cotton. yield On the low side, and the price is not going to go, cotton farmers are generally reluctant to sell. Many cotton farmers reflect that this year's cotton planting can only be guaranteed.