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    The Railway Department Plans To Arrange 300 Wagon To Rush Out Of Cotton In November.

    2010/11/4 15:15:00 57

    Cotton Textile Price

    from

    Xinjiang

    The Uygur Autonomous Region Economic and Trade Commission and the Xinjiang railway department jointly convened the railway pportation coordination meeting of the key commodities in Xinjiang, which will probably stabilize cotton prices at a high level.

    The meeting confirmed that from November onwards, the railway department plans to arrange 300 cars to rush ahead.

    cotton

    Out of Xinjiang.


    Cotton price hurricane


    High cotton prices have not been alleviated for many days.

    According to the data provided by China cotton information network, 47520 tons of electronic cotton matchmaking trading were completed in November 3rd, and spot prices continued to rise rapidly. China's cotton price index (CCIndex) was 27701 yuan / ton, up 296 yuan from 27405 yuan / ton the previous day.


    In September 1st, the figure was only 18002 yuan / ton, and the spot cotton price rose nearly 10000 yuan per ton in two months.

    This has led most textile enterprises to reflect that the market reaction is far slower than the price increase.

    Cotton enterprises and textile enterprises tend to be conservative.


    At present, new cotton

    Buy

    The work has been carried out in an all-round way.

    According to the October Market Review released by the national cotton trading center yesterday (November 3rd), the proportion of cotton grade 3 cotton in the mainland is low in this year. The proportion of grade 3 cotton in Hebei, Shandong and other main cotton producing provinces is less than 30%, and the gap between supply and demand can only depend on imports and Xinjiang cotton.

    The emergence of Xinjiang cotton is affected by late listing, late processing and tight railway capacity.

    Before the end of December, cotton and cotton in West Africa could not hydrolyze near thirst except that the cotton could be delivered to India.


    Predicament of Sinop


      

    Imported

    If cotton is not strong enough, the replenish of Xinjiang cotton must be carried out quickly.

    As one of the most important cotton producing areas in China, the output of cotton in Xinjiang accounts for 1/3 of the total domestic output.


    For a long time, the government subsidy policy of Xinjiang cotton pport has made the railway the main channel for the export of Xinjiang cotton, but almost every year, the process of outward shipment of Xinjiang cotton is rather bumpy.

    Insiders said that in order to ensure pportation of "first-class materials" such as grain, coal and natural gas, many local railway departments have reduced cotton pport wagon, which is an important reason why cotton can not go out of Xinjiang.


    Lv Jiawen, director of the Xinjiang Office of the national cotton exchange market, told the "daily economic news" reporter that the railway pportation coordination meeting of the key commodities in Xinjiang, which was attended by the economic and Trade Commission of the autonomous region and the railway departments and other departments, decided that the number of pport cotton outbound vehicles will be pferred to 300 on November, increasing about 100 vehicles than the previous day.


    What is the concept of the 300 car wagons? A staff member of the Transport Department of Urumqi Railway Bureau told reporters that a car skin can pport about 30~40 tons.


    In August of this year, the national cotton trading center passed the inspection and predicted that the output of Xinjiang cotton in 2010 would be about 3 million 100 thousand tons (affected by the weather in September, and the output is expected to decline). Last year, Xinjiang exported 2 million 965 thousand tons of cotton by railway, and the actual output was about 3 million 70 thousand tons in that year.


    It is reported that although the whole railway is in a critical period of rush to pport coal, pport capacity is very tight, but the goal of cotton rush pportation is very clear: increasing the emptying of Urumqi's box cars and increasing the loading capacity of Xinjiang cotton.


    The relevant person in charge of the Ministry of Railways told reporters that 9~10 months, the railway departments mainly rely on electric coal pportation and tomato paste rush pportation.

    In addition to cotton, vegetables and the pport of seasonal agricultural and sideline products such as fruits, potatoes and onions in the northwest should also be guaranteed.


    Data show that in October, the average daily freight delivery volume of the national railway reached 10 million 60 thousand tons, a record high. As of October 31st, the national railway unloading truck hit a record high of 141075 vehicles.


    In addition, in order to coordinate with Xinjiang cotton Sinop, the China Cotton Association requested the subordinate units to make statistics on the pport demand of the cotton pport enterprises and the demand for the cotton spinning enterprises and cotton trading enterprises of Xinjiang cotton in the new year on the 1 th of this month.


    Before the national teleconference on cotton work, the parties believed that from the supply and demand fundamentals, it was not enough to support cotton prices so skyrocketing, so speculative speculation accounted for a large proportion.

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