09 Year Cotton Market Fluctuation Adjustment Based On State Purchasing And Storage Price

For the 12600 yuan per ton storage price, many people in the industry have speculated whether the price positioning of the future cotton market will take this as the axis.

Between falling and rising, I have the following opinions.

Obviously, the possibility is not too great. Under the strong promotion of the state's purchasing and storage policy, the government invested huge amounts of money in storing and storing cotton, and stipulated that the minimum purchase price for the purchase and storage enterprises to settle the farmers' settlement is purely a macroeconomic regulation and rescue bailout behavior.

From the current situation of the industry, stable market, stable price, stable enterprise and people's livelihood are the biggest politics at present. Great changes in major goods and materials are also unlikely. Many measures to stimulate the economy are being implemented step by step.

The impetus for the rise comes from the revival of upstream products. The reduction of export tax rebates for textile products is a great success. The double reduction of cotton and other cotton planting areas in the United States and cotton also brings long-term benefits to cotton prices.

But this seems to be a bit optimistic. The negative effects caused by the financial crisis are not two days a day. Capital market recovery is more dependent on capital accumulation. At present, the market recovery takes time, and the domestic and foreign textile market has not really recovered.

The shortage of the market will show that the price is high. Although the current sales price of cotton is rising, the price of lint to the factory price, represented by the 229 grade, has never been higher than the price of the national cotton reserve. This is a very convincing signal.