It should be possible if it is scaled up. The price of cotton will increase this year, but if you start planting now, it is estimated that the price will have dropped by the time it matures. It is best to study the market before making a decision.

The domestic cotton spot market first rose and then fell. The seed cotton purchase market experienced a roller coaster. The purchase price dropped from about 7 yuan/jin to about 5.5 yuan/jin. Affected by the market decline, cotton traders began to accelerate the sale of seed cotton in their hands. . The ginning mills are unwilling to buy, basically there is no market for it, and the market is on the sidelines. The price of cotton yarn is basically stable, ginners are unwilling to sell, and textile mills are not purchasing much. Both buyers and sellers are in a wait-and-see period; the purchase of cotton yarn in the downstream market continues to be based on wait-and-see or consumption of inventory, with few new orders; In terms of foreign cotton, some US cotton and Indian cotton are expected to arrive in Hong Kong at the end of the month. Due to market expectations for China's inflation, institutions predict that China may raise interest rates in the short term, putting pressure on the market. Notices from the National Development and Reform Commission and other seven ministries on maintaining the cotton market will suppress the current price of cotton in the short term. After falling to the limit for three consecutive working days, Zheng cotton futures opened at a high price on November 16, showing an upward trend. The spot purchase price of cotton also began to rise, climbing all the way to 6.2. In the long run, lint prices will stabilize at 29,000-30,000. In terms of planting, I think we still need to be confident that we can plant more crops than this year. As for the price of seed cotton, it can be sold at around 6.5. It is no longer possible to reach the high price around November 10.