The Cotton Consumption Of Henan Textile Industry Accounts For One Fourth Of The Country

Look around your room, open your closet, feel the temperature of cotton all the time, cotton and our life are inseparable. You know what? As a major textile and cotton Province, Xinjiang cotton is the main raw material.

On March 27, the reporter learned from the provincial textile industry association that the current production scale of Henan spindle is about 20 million spindles, ranking second in China. There are more than 1500 large-scale textile enterprises in the province, with an annual cotton consumption of more than 2.1 million tons, accounting for 25% of the total cotton consumption of the national textile industry.

It is understood that Henan has two major cotton trading platforms, namely, Zhengzhou Commodity Exchange and Zhengzhou cotton trading market. The former is futures trading, and the latter is spot trading. In the spot market, Yumian group, an enterprise directly under the provincial supply and marketing cooperatives, is the most important one. It is a cotton industry chain enterprise integrating cotton planting, purchasing and processing, trading market, warehousing and logistics. Zhengzhou cotton trading market is listed and traded 1.5 million tons of cotton annually. Its customers are mainly cotton enterprises in Xinjiang and textile enterprises in Henan Province, covering the main cotton production and marketing areas in Hubei, Hebei, Shandong, Jiangsu, etc.

In 2018, Yumian group transferred 102000 mu of land in Puhui farm of Korla City, Xinjiang, and was committed to promoting machine picked cotton planting. According to the relevant person in charge of the group, the cost per mu of machine picked cotton planting can be saved about 700 yuan, and the picking time can be shortened by 40 days. Up to now, the proportion of machine picked cotton planting area in the total cotton planting area has increased from less than 20% to 80%, which has played an important role in reducing planting costs, improving picking efficiency and increasing farmers' income.

Wang Baoqi, deputy general manager of Zhengzhou cotton trading market, introduced that in 2020, the spot trading volume of Zhengzhou cotton trading market was about 1.62 million tons, and the trading volume was about 400000 tons, with a year-on-year increase of 27%. Recently, although the cotton market fluctuated greatly, the market volume has not been affected, which reflects the confidence of the development of China's textile industry.