In 2021, due to the impact of the epidemic, product circulation was blocked, inflation, and the price of most commodities rose, resulting in the price of cotton rising from about 7 yuan to 11 yuan. Will such cotton prices be maintained in 2022?
On August 19, 2022, my steel network released a summary table of seed cotton prices in the main markets across the country, which showed that most of the southern Xinjiang region was 10 yuan / kg, and the northern Xinjiang region was also above 9.7 yuan / kg, and the overall range was around 9 to 11 yuan. Farmers of course hope that the price of cotton can maintain the state of last year's continuous high, but this price is the purchase price of cotton in 2021-2022, not the purchase price of the new year of 2022-2023.
Since 2022, due to the stagnation of production in various countries in the world, through the continuous printing of paper money to stimulate the economy and increase the price of products, most of the products have risen sharply, agricultural products have a certain increase, and the production cost of cotton must have increased to a certain extent, but whether the purchase price of cotton will reach more than 10 yuan is still uncertain.
So, do you expect the price to reach ten yuan in 2022? Feel free to leave a message below to tell us what you think of as the price of cotton this year.