Ministry Of Agriculture Officials: The Cotton Industry Should Face Three Challenges And Tasks.

Ma Shuping, deputy director of the Department of crop management, China's Ministry of agriculture, said in September 10th that the current China

Ma Shuping said at the Zhengzhou Agricultural Products Futures (cotton) summit forum that this year's cotton situation in China is flat, physiological period postponed, and growth is not as good as perennial.

If there are no major natural disasters in September and October, cotton will probably get a good harvest. If the latter climate is bad, stability will be a test last year.

Ma Shuping said that China's cotton supply pressure is increasing.

From 2001 to 2008, the average annual growth rate of China's spinning cotton reached 10%, while cotton production grew by only 5.8% during the same period.

At present, China's textile industry uses more than 10 million tons of cotton. In recent years, cotton production in China has averaged 7 million 60 thousand tons.

At the same time, it is difficult to stabilize cotton production.

In 2003, when seed cotton was sold for 6 yuan a kilogram, cotton planting area increased by 10 million mu in second years.

Last year, seed cotton had been sold at a historical high of 7 yuan, and the planting area is basically flat this year.

Besides,

Ma Shuping believes that China's cotton acreage should be stabilized at around 80 million mu, ensuring 7 million tons of total output and satisfying.