China Fabric Factory Fabric News Anhui’s cotton output and price double this year

Anhui’s cotton output and price double this year



The author learned from the Price and Cost Investigation and Supervision Bureau of the Anhui Provincial Development and Reform Commission on December 6 that according to the bureau…

The author learned from the Price and Cost Investigation and Supervision Bureau of the Anhui Provincial Development and Reform Commission on December 6 that according to the bureau’s survey of 8 main cotton producing areas and 71 rural households in Anhui Province, cotton output and price in Anhui Province this year were double. Increased, cash income from cotton planting reached the highest level in the past five years.

It is reported that the cotton lint yield per mu in Anhui Province this year is 79 kilograms, an increase of 10.24 kilograms or 14.89% from the previous year’s 68.76 kilograms. The main reason is that the weather in Anhui Province during the seedling and growing stages of cotton planting this year was good, with less rain, which was conducive to cotton growth. Cotton farmers have strengthened pest control, resulting in fewer cotton pests and diseases.

This year, cotton sold at a good price. According to statistics, the average selling price of cotton in Anhui Province is 929.41 yuan per 50 kilograms, an increase of 232.53 yuan or 33.37% from the previous year’s 696.88 yuan. The main reason is the reduced supply in the cotton market. On the one hand, affected by factors such as epidemic control, logistics prices have risen sharply, the volume of cotton shipped out of Xinjiang has decreased, and the supply of cotton in the market has decreased; on the other hand, affected by factors such as rising commodity market prices, domestic and foreign cotton prices have risen sharply, and futures and spot prices have both Hit a 10-year high.

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Author: clsrich

 
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