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Cotton Throwing And Storage Policy Will Adjust Imported Cotton Is Still Popular.

2013/12/8 10:16:00 127

Cotton Throwing And Storing Marketization Xinjiang Cotton

the early rumors of cotton throwing and storing policy finally came to the ground: the reserve cotton started in November 28th and ended in August 31, 2014, and it is still being put through the open auction mode through the national cotton trading market reserve cotton auction system. This year's sales in the 1~7 month, according to the original national standard, was 2011 a href= "//www.sjfzxm.com/news/list.aspx ClassID=101112107105" > reserve cotton < /a >, 328B standard level bidding price was 18000 yuan / ton. 
 throwing storage "boots" landing /p >
 all parties responded differently to .
 cotton spot price is far higher than the national reserve price. After starting the throwing and storage, the domestic cotton price pressure is high. This year cotton seed cotton purchase progress is slow, cotton mill processing is not profitable, and the rate of start-up is not enough. After the national cotton reserves were formally put into operation, the spot price of cotton fell, and spot sales were even more difficult. The price of cotton outside the port rose slightly, and India cotton and American cotton quotas have been raised. 
 at present, there are more stock of national cotton reserves. After starting the dumping and storage, the choice of raw materials for purchasing enterprises will expand, and the cotton resources will be enriched gradually. But in the interview, many textile and cotton enterprises said that there are still 2~3 months of cotton stocks, and now do not rush to participate in the auction of cotton reserves. Some textile enterprises ready to participate in the auction will choose the right resources according to their production needs, so as to reduce the occupation of funds. 
 November 28th, the first day of cotton storage was put into operation, the actual turnover ratio was 50.55%; the day of the reserve cotton discount was 328 yuan, the spanaction price was 18218.66 yuan / ton, and the average price was 1386 yuan / ton lower than that of CC Index 3128B. In November 29th, the actual turnover ratio of cotton reserves was 59.06%; on the same day, the turnover of cotton reserves was 328 yuan and the price was 18302.53 yuan / ton, and the average price was 1300 yuan / ton lower than that of CC Index 3128B. 
 from the spanaction proportion, imported cotton is more popular than domestic cotton. In November 28th, China made 9293.7878 tons of cotton, accounting for 44.31% of its total share. Imported cotton traded 3017.766 tons, accounting for 89.26% of the proportion. In November 29th, China made 11610.2215 tons of cotton, accounting for 53.69% of its total share. Imported cotton traded 2839.9585 tons, accounting for 100% of the proportion. 
 cotton reserve problem is more than /strong > .
 imported cotton is favored, /p >
 the dumping regulations stipulate that the textile cotton enterprises must secure a deposit of not less than 500 thousand yuan at < a href= "//www.sjfzxm.com/news/list.aspx ClassID=101112107107" > trading market < /a > to ensure the performance of the contract. In a competitive spanaction, the trading market temporarily withholds the performance bond from the dealer's margin in accordance with the quantity of the spanaction by 1000 yuan / ton. Dealers will not suspend trading until margin is insufficient. In addition, the cotton enterprises must remit the payment to the central storage cotton general company within 5 working days after the spanaction. In this regard, useful cotton enterprises say that the amount of margin is too high, and some places are out of stock, so buying a bundle of cotton will take up millions of yuan for a long time. For many textile enterprises, especially small and medium-sized enterprises, it will increase the pressure of enterprise funds. 
 on the other hand, after several rounds of reserve cotton put into operation, cotton enterprises have criticized the quality of national cotton reserves, and the quality of state-owned cotton stores at present is not reassuring for cotton enterprises. Many enterprises reflect that there are some quality problems in reserve cotton: some cotton reserves are not high enough, the actual quality is not up to the grade marked, causing losses to the cotton enterprises; the stored cotton is not marked with machine picking or hand picking; because of their differences in quality, they cause inconvenience to the production and distribution of cotton; some cotton stored in the stock market still has three silk and more problems; and the sale of cotton reserves is sold in bundles, the weight of each bundle is about 200 tons, and the quality level of the same bales is poor, which also brings difficulties to cotton enterprises. 
 it is understood that in 2011 and 2012, due to the loose storage and inspection, a certain amount of low-grade cotton was "mixed up" into the national treasury, especially the quality of the real estate cotton. This is also the main reason why the imported cotton and Xinjiang cotton are more popular since the 2012 and 2013 dumping. 
 from the current cotton market resources, it is mainly imported cotton, national cotton reserves, a small amount of new year's real estate cotton and Xinjiang cotton. From the price point of view, the price of imported cotton mainstream SM class resources is basically 18200 yuan / ton ~18700 yuan / ton interval, because it is grade two cotton, and net settlement, so compared to national storage cotton, < a href= "//www.sjfzxm.com/" > Import Cotton < /a > cost-effective or higher. 
 with the development of cotton reserves, cotton spinning enterprises, which are in urgent need of replenishment, can meet their cotton demand to a certain extent. However, according to the remaining reserve cotton structure in 2011, the proportion of real estate cotton is slightly higher than that of Xinjiang cotton, which is afraid that the textile enterprises that are waiting for the demand for high-grade cotton will not be able to fully meet their actual demand. Raw material procurement will still depend on the new cotton coming to Hong Kong and part of Xinjiang cotton spot. 
 storage and purchase policy will be adjusted /p >
 enterprises look forward to marketization /p >
In the third Plenary Session of the 18th CPC Central Committee, the Party pointed out that the reform of the economic system is the key to comprehensively deepen the reform. The core issue is to deal well with the relationship between the government and the market, so as to make the market play a decisive role in the allocation of resources and play a better role in the government. P Many people have also disclosed the information about the readjust adjustment of cotton temporary purchase and storage policy, which made the textile enterprises long trapped in the cotton problem see the dawn. 
 there are reports that Du Min, director of the rural development research center of the rural economic research center of the Ministry of Agriculture recently said that China's cotton temporary purchase and storage policy will be concluded next year, which has been basically determined, but the new cotton policy in 2014/2015 is still being explored. For example, the implementation of cotton farmers direct subsidy policy is based on per mu yield or mass production subsidy, and the quota and method are still not conclusive. 
Sun Ruizhe, vice chairman of the China Textile Industry Federation, said in an interview shortly before that the adjustment of cotton purchase and storage policy is indeed in progress. Xinjiang will be selected as the pilot project for producing cotton and heavy land in P. 
 although there is no official information announcing the abolition of the cotton purchase and storage policy, this is the trend of the times: on the one hand, since the implementation of the temporary cotton purchase and storage policy in 2011, the state has temporarily collected and stored about 10 million tons of cotton, and has a huge stock and financial pressure on cotton reserves. On the other hand, domestic and foreign cotton prices will eventually need to be integrated. 
 the industry generally expects that the policy of temporary cotton purchase and storage with strong administration will end. The cotton subsidy policy that is determined by the market determines cotton price and strengthens the < a href= "//www.sjfzxm.com/news/list.aspx ClassID=101112107108" > market function > /a is expected to be formally promulgated next year. After the abolition of temporary cotton storage, the decline in cotton prices will help companies make more rational use of domestic and foreign resources, reduce production costs, and make textile enterprises more comfortable in the face of domestic and foreign market competition.