Cotton Prices In Dezhou Are Rising.
Recently, market The price of cotton is kept at around 6 yuan. Experts believe that compared with previous years, Cotton price At a high level, cotton prices will not rise in the future. Cotton farmers are advised to sell cotton as soon as possible.
According to Shandong Province
Texas
According to the latest monitoring by the city cotton association, the market price of cotton seed is kept at around 6 yuan, which is about 1.2 lower than that of the market, which is still more than 2 yuan compared with the previous years.
But this has not prompted cotton farmers to sell cotton. At present, farmers are still reluctant to sell.
According to statistics, although the acquisition of cotton in the middle and later stages of the whole city, the current acquisition rate is only 50%, which is about 20% lower than in previous years.
According to the analysis of the industry, judging from the current market situation, there is little room for future cotton prices to rise. Due to the small profits and high risks, the purchasing enthusiasm of cotton purchasing and storage processing enterprises is not high.
Some enterprises have stopped work ahead of schedule, and the possibility of collective selling of farmers will not be ruled out after the spring starts.
Experts from Dezhou Cotton Association remind cotton farmers that it is very unsafe to store large quantities of cotton in their homes. It is very easy to cause fire and other accidents, and the quality of cotton is also difficult to guarantee. It is recommended to sell as soon as possible before the Spring Festival.
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