Why has Xinjiang cotton shipments continued to be sluggish recently?

According to statistics from relevant departments, Xinjiang cotton shipments continued to be sluggish in October 2021, especially the number of roads leaving Xinjiang dropped significantly. Epidemic prevention and control in some provinces has been comprehensively upgraded. The prices of gasoline and diesel have continued to rise and there are fewer vehicles leaving Xinjiang. The price of automobile transportation is easy to rise but difficult to fall.

The delay in Xinjiang cotton shipments since 2021/22 is mainly due to the following four reasons: First, the launch time of hand-picked cotton in southern Xinjiang in 2021/22 is basically the same as in previous years. Due to the sharp decline in the planting area of hand-picked cotton, wadding cotton The price of cotton for civilian use is high, and factors such as the lack of mainland merchants entering Xinjiang due to the epidemic have led to unsmooth transactions and shipments of hand-picked cotton in October. Second, not only is the launch of machine-picked cotton in northern Xinjiang delayed by more than a week compared with previous years, but cotton processing companies Due to the severe inversion of current prices, cautious purchases have lengthened the new cotton acquisition and processing cycle in 2021/22; third, with the supply support of mainland cotton enterprises such as relatively stable industrial inventories and vigorous deployment of central cotton reserves, downstream enterprises are not eager to purchase Fourth, it is difficult for cotton trading companies and futures companies to carry out basis purchasing effectively.

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