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    2011 Cotton Shortage Is Expected To Ease.

    2011/2/11 16:50:00 114

    Cotton Price Spot Futures Price Of Cotton

    As cotton spot and futures prices continue to rise, the enthusiasm of cotton growers in China has increased substantially in 2011, and the situation of insufficient supply of cotton is expected to ease.


    A survey of farmers in Xinjiang and other twelve provinces in the main producing area found that in 2011, China's cotton sown area would reach 5 million 640 thousand hectares, up 9.8% over the same period last year.

    If this goal is achieved, the growth of China's cotton planting area will rise or fall.


    China

    cotton

    The association said that in December 2010, the cotton association of China Cotton Association and Xinjiang Huatai Cotton Professional Cooperative respectively investigated the cotton planting intentions of 12 provinces in the mainland and the Xinjiang Uygur Autonomous Region in 2011, and 2453 cotton farmers in 310 counties.

    As cotton prices rose sharply in 2010, cotton farmers' income increased significantly, and planting intention in most cotton areas increased year after year.

    According to the weighted average calculation of cotton planting intentions of cotton farmers surveyed, it is estimated that cotton planting area will be 84 million 550 thousand mu in 2011, compared with that of the previous year, an increase of 9.8% over the previous year.


    It is understood that since 2011, cotton prices rose to lead others.

    Agriculture products

    The highest reaches of 15 yuan / kg in the the Yellow River Valley, the highest in the Yangtze River Valley to 14 yuan / kg, and the highest price in the Xinjiang Uygur Autonomous Region is nearly 15 yuan / kg.

    Li Shan, a cotton grower in the Yangtze River Valley, said: "although the weather is not very satisfactory, the output of cotton is not very high, but because of the increase in cotton prices, the income in 2011 is good.

    If cotton prices can keep this level, many people in the village plan to cotton more next year.


    China Cotton Association said that Xinjiang, Yangtze River Basin and the Yellow River River Basin cotton farmers, the most polar area is Xinjiang.

    Of the surveyed cotton growers, 43.5% of the planting area was prepared and 48.4% remained unchanged.

    Cotton planting area in Xinjiang will probably increase by 14.7% over the same period last year.

    This is mainly because cotton farmers in Xinjiang cotton region are more concentrated in picking and selling, and most of the cotton prices have been sold before they fall. In addition, the overall price of cotton growers is better in Xinjiang.


    In addition, the cotton growing area in the Yangtze River Basin is expected to grow by 11.5%.

    Among the surveyed households, 38.5% of the Yangtze River Basin cotton households were prepared to increase their area.

    This is mainly due to the fact that cotton farmers in the Yangtze River Valley sell more than half of the cotton price peak, and the yield is better than that of other agricultural products.


    On the other hand, the wait-and-see mood of cotton farmers in the Yellow River river basin is relatively strong.

    This is mainly due to the negative effects caused by the lack of seed cotton in 2010.

    In 2010, some cotton growing areas in Shandong, Henan and Hebei suffered from severe weather such as rain, light and flood during the critical period of cotton boll opening and bolting. Cotton was hardest hit, and some cotton farmers lost their crops.

    Many cotton growers say that if the cotton price is lower than 12 yuan per kilogram in the spring of 2011, they will be replanted to cash crops such as capsicum and garlic.


    According to the data from China Cotton Association, the cotton planting area in 2010 is expected to be 77 million mu, down 1% from the same period last year, and the total output of cotton in the whole country was 6 million 650 thousand tons, down 2.1% compared with the same period last year.

    Industry analysis, because cotton production cuts,

    Textile enterprises

    Demand is increasing and cotton imports are increasing.

    According to statistics, in order to meet the needs of textile enterprises, the relevant departments of the state issued a total of 3 million 600 thousand tons of imported cotton in 2010.

    By the end of last year, 2 million 840 thousand tons were actually imported, an increase of 86% over the same period last year.

    During the period, international cotton prices rose sharply, and the average import price was $1993 / ton for the whole year, up 43.9% over the previous year.


    The industry expects that if the cotton planting area can grow in 2011, or will ease the situation of insufficient supply of cotton in China.

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