Home >

American Cotton Growers Earn The Most &Nbsp; Chinese Textile Enterprises Pay The Bill.

2010/9/11 16:09:00 37

??? 日本語 Fran?ais English 中文

The country produces 15 thousand tons a day.

Reserve cotton

In the case of auctions, cotton prices soared more than 2000 yuan in just a month and a half, and stood at a historical high above 18000 yuan.

Analysts pointed out that the most profitable cotton price is the American cotton growers, and the Chinese textile enterprises are paying the bill.

At present, the auction price of the national cotton reserve has continued to rise. In September 1st, the auction price of the cotton reserve was 328 fold, and the paction price was 18398 yuan / ton.

Statistics show that since the beginning of August, the State Reserve Bureau decided to put 600 thousand tons of cotton reserves into the market.

As of September 1st, the state reserve cotton has been put on the market for 245377 tons, and the actual turnover is 244378 tons, which has completed 41% of the put in plan. The weighted average price of all the reserved cotton reserves has been 17841 yuan / ton, and the 328 level paction price is 18160 yuan / ton.

In fact, in addition to state auctions, imports of cotton and

Xinjiang cotton

Efforts are also being made to import the mainland.

Customs statistics show that 1-7 months of this year, China has imported 1 million 712 thousand tons of cotton, an increase of 847 thousand tons compared with the same period, an increase of 97.6%.

As of July, 2009/10 cotton imported 2 million 265 thousand tons of cotton in China, an increase of 927 thousand tons compared with the same period last year, an increase of 69.4%.

In addition, according to figures released by the railway sector, as of August 20th, 3 million 130 thousand tons of cotton were pported, 500 thousand tons more than last year.

It is worth noting that cotton yarn price, which is an important product of downstream cotton, has been declining since August, which is about 1000 yuan lower than that in July.

The strong price of raw materials and the fall of product prices are gradually reducing the profit margins of textile enterprises.

Why buy such a high price of cotton? In the face of the Securities Times reporter's questions, many acquisition processing enterprises have a relatively optimistic attitude.

Driven by the huge profit of last year, most enterprises are actively preparing for the acquisition market this year.

They generally believe that seed cotton purchase prices will continue to rise further.

Although they also expressed some concerns about the market risks under the high price, the acquisition of high purchase by the cotton enterprises in the mainland is a must for mastering a certain amount of cotton resources.

Obviously, the game of "beating the drum and spreading flowers" is coming to the climax.

The scale enlargement of China's imported cotton has long attracted the attention of the international market capital and has gained a lot.

The high-profile operation of cotton futures in the United States over the past year has even been hailed by hedge fund market players as a classic example of learning. It is named by Fortune magazine as one of the ten biggest bubbles in the world today.

"2010/11 year

cotton

The average price will be 89 cents per pound.

In the latest monthly report, the Secretary General of the International Cotton Advisory Committee said that the world's cotton production is expected to increase by 15% to 25 million 100 thousand tons, which will meet the demand of 2010/11. However, the tight inventory will continue to push up cotton prices.

Among them, China's imports are expected to grow by 29% to 3 million 100 thousand tons.

The most profitable cotton price is still the United States.

According to the International Cotton Advisory Committee, the US cotton output has increased by 52% to 4 million tons.

The country's cotton exports will increase by 27%. The US cotton growers will earn nearly $10 billion because of increased cotton exports and high prices.

Facing the shortage of cotton inventory, the analysts point out that most of the domestic regulation policies are concentrated in the containment of speculative swimming, but for large agricultural products such as cotton, it is more important to see the impact of infiltration into the internal chain of the real industrial chain and to strengthen the support for the real industry.