In October 2017, the Cotton Branch of China Cotton Association conducted a survey of cotton picking and sale of 2927 designated farmers in 12 provinces and cities in Mainland and Xinjiang Autonomous Region. The survey results showed that in October, the weather conditions of most cotton areas in the country favored cotton picking, and western part of the Yellow River and part of the Hanyin cotton Jiangyin area cloudy, causing some impact on the quality of cotton. As the end of October, the national picking progress was 83.6%, an acceleration of 9.81 percentage points from the same period of last year, the sales progress was 65.7%, an acceleration of 12.02 percentage points from the same period of last year. The national average selling price of cotton was 6.8 yuan / kg, down 6.2%.
According to the weighted average of cotton planting area surveyed by farmers, the total output of cotton was estimated at 5,504,200 tons, an increase of 11.5% over the previous period and 40,700 tons less than the previous period. In the sub-region, the growth of machine-picked cotton in the northern part of Xinjiang was basically normal, Shortage of planters and slow picking had caused some impact on output with an estimated production of 4,435,000 tons, up 12.27% over the previous year and a decrease of 40,000 tons from the previous forecast. The weather in Mainland was getting better and the cotton was growing normally. The estimated output was about 100 tons with an increase of 7.7% over the same period of previous year, unchanged from the previous period.
As of the end of October, the northern ended of the basic picking of cotton in southern Xinjiang, the southern border still picking, according to the survey of China Cotton Association, Xinjiang cotton picking progress of more than 80 percent, an increase of 11.9 percentage points year on year, the sale progress of 74.9%, an acceleration of 13.4 percentage points, With the basic farmers selling, there was no reluctant sellers. The purchase price remained stable, the price of hand-picked cotton was 7-7.4 yuan / kg, the price of machine-picked cotton was 6-6.4 yuan / kg. Most enterprises adopted the strategy of edge sales and edge processing, the sales price was about 16000-16500 yuan / ton, after deducting the processing costed of 1,000 yuan, the processing enterprises were meager profits. In the sub-region, the southern part of Xinjiang was dominated by hand-picking of cotton. The cotton bolting was earlier, and the harvesting started earlier than that of the northern part of Xinjiang. However, due to the special situation and geographical constraints, the shortage of pick-ups this year had slowed down the pace of picking. In northern Xinjiang, the machine-pickled cotton was the mainstay. As the machine picked cotton one after another, the progress of picking is accelerated.
In the second half of the Yangtze River, the weather turned fine, suitable for cotton boll bolting, picking progress accelerated, as of October 31, cotton picking progress was 71.04%, up 1.3 percentage points year on year; because the weather was better, the cotton quality has improved over the previous period However, due to a large amount of rotten peach cotton caused by previous rainy days, the overall quality of cotton was not high and the selling price was uneven. At present, the price of good quality cotton was mostly 6-6.6 yuan / kg, and the overall selling price was declining. The cotton farmers in the basin sold an average price of 5.93 yuan / kg, down 10.70%. Because poor quality cotton could not be stored for a long time, cotton farmers sell faster; the sales progress of 28.92%, an acceleration of 3.6 percentage points. However, the sale of better quality cotton was not large, cotton farmers were still waiting to see.
The weather in the Yellow River Basin was more suitable for cotton boll picking, and the picking progress was noticeably accelerated. As of October 31, the progress of cotton picking was 92.19%, an acceleration of 0.6 percentage points from the same period of last year. Because the earlier the lower the quality of cotton lower prices, the quality of late turned better prices slightly higher, but farmers reluctantly sellers, sales progress was slower, the progress of only 18.8%, down 4.2 percentage points year on year. Among them, no cotton acquainted in Henan Province, only a small part of the sale of cotton for the cotton, a limited number of the province's sales progress of only 5%. The cotton farmers' average price for the watershed was 6.65 yuan / kg, down 6.07% from the same period of last year.