Cotton Growers Make A Million Dollars A Year

A month ago, Liu Guanghou began to buy heavily.

In Liu's life span of 47 years, almost half of his time was planting cotton in his own cotton field in Xiajin County, Dezhou.

20 years of cotton farmers' identity provided a deep accumulation for his future cotton business, including cotton speculation.

10 years ago, in order to improve the family environment, Liu Guanghou borrowed 60 thousand yuan of foreign debt and embarked on the road of business.

He tried a lot of business, and finally he found that it was the best choice to do business around cotton.

So he began to run the textile equipment carding machine, and bought it from Zhenjiang, Jiangsu, and then sold it to Xiajin.

In 2003, at the same time as cotton spinning machine equipment, began to do cotton processing business, and in 2007, started the cotton textile business.

Liu Guanghou said that business must predict the market in the next 5 years, based on changes in the domestic situation, international pressure, domestic cotton cultivation, and state reserve cotton throwing and storing.

Cotton is difficult to grow.

"I am not prepared to stir fry cotton this year. I buy it now and fry this year."

Liu Guanghou said.

This year's new cotton has just reached the all-time high of 19000 yuan per ton, and now it has exceeded 20000 yuan / ton.

Liu Guanghou was very proud of the foresight of hoarding 5000 tons of Xinjiang cotton last year. He must have bought the new cotton market in September last year at 13800 yuan / ton.

This year, cotton speculation is a risky business.

Liu Guanghou estimated that this year's cotton will go through a period of skyrocketing, steady and final decline.

Cotton prices will drop from 20000 yuan / ton to 17000 yuan / ton.

There are several reasons to support his judgement: the cotton yield reduction caused by natural disasters is about 20% to 30%, the quality of cotton is not good, the national cotton reserves are insufficient, and the appreciation of the renminbi causes a large number of export commodities to be sold domestically.

Next wave: chemical fiber

Liu Guanghou judged that "every cotton mill knows that this year's cotton prices are high and the quality is difficult to meet the quality requirements. The spinning cost is bound to be affected.

Enterprises will reconsider the way out for enterprises.

Many people will think of chemical fiber varieties.

A month ago, Liu Guanghou bought about 2000 tons of chemical fiber and chemical products at a price of about 8900~9000 yuan per ton.

Recently, the price of chemical fiber has been increasing, and the chemical fiber upgrading has increased by more than 2000 yuan per ton.

"At present, chemical fiber has risen to 11000 yuan / ton, and I predict it will rise to more than 12500 yuan / ton.

At that time, I opened the library, which was equivalent to 3500 yuan per ton.

Liu Guanghou said.

At the moment, Liu Guanghou has decided to start his own production of chemical fiber products, intends to invest 700 thousand to 800 thousand yuan, the pformation of cotton textile machinery.

At present, it can produce 40 thousand CVC yarn and TC yarn (polyester cotton blended yarn).

After pformation, production capacity will reach 60 thousand to 70 thousand spindles.

Liu Guanghou is satisfied with his investment action this year. "There will be a good harvest this year, at least we can earn tens of millions of yuan.

Only one chemical fiber material has earned 4 million yuan.

Xinjiang cotton has also benefited a lot from its storage. "