Analysis Of The Floating Price Of New Cotton In China In The Past 2011-2012 Years

(1) the first half of the year

Monitoring results, cotton production cash input in the first half of 588.3 yuan / mu (Table 1), an increase of 70.1 yuan / mu.

(two) cost pushes cotton prices up, and new cotton prices are expected to fall to a reasonable level.

In March, the state multisectoral introduced the new cotton temporary storage and storage price of 19800 yuan /t, deducting 1000 yuan /t processing and pportation cost was 18800 yuan /t, the 328 grade seed cotton price was 4.48 yuan / Jin, it was a bottom purchasing price.

According to the monitoring results, costs continue to drive up the price of raw cotton.

In the first half of the year, the cost of material rose by 52.10 yuan per mu, and the cost of lint increased by 612.9 yuan /t to digest.

It is estimated that the annual labor cost will rise by 150 yuan per mu, and the lint cost will be increased by 1764.7 yuan /t.

The total cost of material and labor costs will push up the cost by 2377.6 yuan /t, that is, the increase of 12.6% yuan on the basis of temporary storage and purchase price of 18800 yuan /t is only 2377.6 yuan /t in order to digest the pressure of rising cost.

This is in line with the January forecast that the reasonable expected price of new cotton will be between 2.1 and 22 thousand yuan /t, but does not include the increase in land rent.

The driving factors of cotton price increase are international oil price, inflation and urbanization.