The Price Of Cotton In China Is At A High Level.

　　 Our country cotton The price may remain high, and the transaction price will not be less than 25000 yuan / ton, the Cotton Research Institute quoted a survey of farmers and processing units.

Shortages, rising production costs and wave Support price, the Cotton Research Institute's China Cotton Association's official website said, but did not make a price prediction timetable. The report was made after a survey of 1628 farmers in 15 provinces in November.

　　 Unginned cotton The price increased by 75% over the previous season, averaging 10.80 yuan / kg. On the Zhengzhou commodity exchange, cotton futures in September increased by 1.9%, closing at 28105 yuan / ton.

In the interstate exchange, cotton futures for March delivery rose sharply by 5 cents to 1.4597 dollars / pound, the highest price since November 10th.

　　 Most farmers responded to the survey, hoping to raise their cotton planting season. Higher raw materials, labor and management costs may bring a cloud to the growth of cotton cultivation area.