Cotton Prices Continue To Rise &Nbsp; New Cotton Prices Are Hard To Judge This Year.

Although cotton prices are rising steadily, because of the fact that cotton is still in the seeding stage, it is difficult for domestic listed companies to judge the price of new cotton this year.

New Sai shares gained a lot from the rise in cotton prices in the second half of last year. The company reported in 2009 that in the second half of the year, the prices of seed cotton and lint cotton and cotton yarn sales in the new cotton market showed signs of warming.

The development of new cotton farmers in Xinjiang, another major cotton producer, accounted for 60% of its main business income in 2009.

However, in the face of rising cotton prices, the new agriculture development securities affairs representative said that the future price of cotton is not good. Judging from the current situation of the company, the cotton output basically sold out last year, and the price of new cotton after listing in October is not good enough.

But it is noteworthy that, compared with previous years, the cotton concentrated disaster in Xinjiang has been postponed to mid May this year. At this time, the best seeding time has been over, and the timing of replanting is not good.

Therefore, this year, the new cotton market is also postponed compared with the previous years. It is expected that it will be listed in large quantities in early October. The production period of the affected cotton and the reproduced cotton will be shortened, the yield per unit area will decrease and the quality will be reduced.

However, there are also industry analysts believe that cotton is a strong crop recovery ability, and the production cycle is longer, it is too early to predict cotton production in the new year.

Moreover, although the seedling is weak, it is difficult to affect the long-term growth of cotton. The decisive intervention on cotton yield and quality depends on the weather conditions in 7~9 months and the arrival time of autumn frost period.