Cotton Can Not Be Sold In Stock.
Since 2008, the pressure of cotton sales has been relatively heavy. In some time, there has been no turnover, and foreign businessmen have been in "hard shoulder".
During this period, because the price of cotton is always higher than domestic cotton prices, foreign sales can only be sloppy, waiting patiently for market opportunities, and preparing for the operation of 2008/09.
Foreign investors are not very pessimistic when they are unable to sell goods in stock. They believe that the market is always impenetrable. They will stick to it when the market does not give the opportunity.
First, waiting for opportunities.
The market will not blindly exist opportunities, but will not have no chance at all, ready to seize the opportunity.
Now domestic cotton prices are significantly lower than the external cotton prices, and the shortage of funds in textile mills has not been improved. Cotton sales are light, and the port bonded cotton volume is still about 200000 tons. CIF has a small quantity of cotton during the shipping season. However, under the influence of internal and external factors, there will be an opportunity for outer cotton.
During this period, domestic cotton prices have been depressed under various factors, especially under the pressure of small volume of textile mills and the repayment of loans, but now the appreciation of RMB has slowed down slightly. The state has also promulgated corresponding policies to support the textile industry step by step, and the deadline for repayment of loans will also arrive.
Two, sell 2007/08 cotton on the one hand, and prepare to run 2008/09 cotton on the same hand.
When cotton has not been sold this year, foreign businessmen have begun to plan the export of foreign cotton for 2008/09, including planning bonded cotton to enter Hong Kong and new cotton in other countries.
Among them, some cotton merchants are always paying attention to the purchase of new flower in China, and are ready to plan, raise funds and find channels to participate in domestic cotton business.
Three, sum up experience and expand a broader market.
Summarize the past year and the previous data, market, operation mode, sales rhythm and influencing factors, etc., so as to better meet the arrival of the new year market.
In 2007/08, we saw that some foreign businessmen were hit by the sharp rise in New York futures in March. We also saw that foreign investors did not let go of any opportunity to participate in the market in a flexible way. For example, when the domestic cotton market was unsalable, it increased sales to other Southeast Asian countries, exported Xinjiang's long staple cotton exports to some foreign businessmen, and sold cotton in India, which was much higher than the price of cotton in China, and sold it back to India in India, China's port.
There are some lessons to learn from the market. We need to sum up. As the market prospect of 2008/09 is not very optimistic, foreign businessmen need to treat them rationally and expand the market.
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