At present, Xinjiang cotton has entered the bud period, the growth is generally better than the same period last year, and the market is expected to stabilize the per unit yield. Therefore, market participants believe that even if the cotton sowing area in Xinjiang is slightly reduced this year, the total output is expected to be more optimistic.

"The overall production situation of cotton in Xinjiang this year has the following characteristics: First, cotton sowing quality is high, the degree of mechanization is high, dry sowing wet out technology has been widely used, and the new season cotton seedlings are Qi and strong. Second, the yield of cotton cultivation is better than other crops, Xinjiang farmers not only have a higher enthusiasm for cotton cultivation, but also are willing to invest. In the new season, Xinjiang cotton planting area remained stable, creating conditions for stable and moderate increase in yield. Third, the cotton target price policy is sustainable, the implementation is in place, coupled with the continuous improvement of the downstream industry chain of cotton, cotton farmers attach great importance to the field management of new season cotton, and the water and electricity of cotton growth can be effectively guaranteed." Ma Baomin, a large cotton farmer in Xinhe County, Xinjiang, told the Futures Daily reporter that the vast number of cotton farmers were full of joy when they looked at the green cotton fields that were full of white, yellow and pink flowers.

Yan Xu, deputy general manager of Yan Shi Dehai Agricultural Technology Co., LTD., said that the current good growth of cotton in Xinjiang has a lot to do with the long period of good weather in the producing area. Since the spring of this year, in the cotton suitable sowing period and seedling stage, the number of disastrous weather has decreased significantly across Xinjiang, such as strong winds, cooling and large-scale sandstorms are much less than in previous years, and some producing areas have the most favorable weather conditions for cotton growth in more than a decade.

According to the information of the Central Storage Cotton Information Center, due to the large number of new season cotton plants, some traders began to "base pre-sale" new annual cotton resources, and the new season cotton pre-sale work has been opened. It is understood that most areas of Xinjiang are dominated by fine weather, and the temperature is stable at 18 ° C ~32 ° C, which is generally in the range suitable for cotton growth. At present, the height of cotton plants is generally 40 to 60 cm, significantly higher than the same period last year, and the fruit branches have been blooming. In addition, the 2023/2024 cotton target price subsidy has been issued in many places, meeting the daily capital needs of cotton farmers for agricultural production and facilitating farmers to increase inputs such as field management.

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