According to statistics, as of November 26, Xinjiang cotton area has processed 3.175 million tons of lint, of which the company has processed 1.041 million tons, and Xinjiang local enterprises processed 2.133 million tons. It should be noted that as of November 27, only 735 cotton processing enterprises in Xinjiang participated in the 2018 notarization test, which was not only reduced by 38 compared with the same period of 2017, but also less than 60% of the total cotton processing enterprises in Xinjiang. More than 40% of the ginning mills this year have not opened up and processed, what are the reasons?

Industry analysis: First, the individual ginning factory is self-raised and financing is relatively difficult. Although statistics show that the total amount of credit issued by the Agricultural Development Bank in 2018/19 and the amount of cotton purchased are ��double increase��, the focus is on large and medium-sized cotton processing enterprises with small risks, strong self-owned funds and multi-method management. It is difficult to obtain loan qualifications; second, the slow progress of the renovation of some ginning factories has constrained the acquisition and processing of cotton. Due to the failure to realize ��coal to electricity�� or ��coal to gas�� for heating and drying equipment, a few ginning factories in the northern Xinjiang cotton area were forced to stop and reduce their income. Third, the purchase price of seed cotton was significantly higher in 2018, 40%. The purchase price of the hand-made cotton was once broken at 7.50 yuan/kg. Some ginning factories in southern Xinjiang quickly resold the purchased seed cotton to avoid risks. The identity was adjusted by the processing enterprise to a cotton broker, although the scale was acquired but not processed.

According to the survey, since the end of November, the picking progress of seed cotton in Xinjiang has exceeded 80%. The acquisition of some cotton areas in Kashgar, Aksu and northern Xinjiang has come to an end. It is expected that a large part of the ginning factory will be closed before mid-December. (A few hand cotton picking factories in southern Xinjiang have been ��closed and closed�� before November 20); from the feedback of cotton processing enterprises, this year's cotton purchases and processing volume have declined to varying degrees compared with the same period in 2017, Kashgar and Korla cotton. The performance of the district is particularly prominent. A processing company in Aksu said that in late October, the southern Xinjiang machine cotton collection was concentrated, but the daily processing volume of the whole lint cotton remained at 50,000-60,000 tons, lower than the same period of 2017. This year, the ginning plant stopped early and the purchase volume was low, so the total output was not optimistic.