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2010 Cotton Industry Economic Summit Forum

2010/12/1 11:06:00 59

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April 16, 2010, 2010

Cotton industry economy

The summit forum was held in Meilihua Hotel Dezhou, Shandong.

Ms. Mei Yong, managing director of China cotton storage information center, Mr. Chen Weidong, general manager of Shandong branch of ICAM Shanghai trading company, Mr. Deng Jun, chief economist of new lake Futures Co., Ltd., Mr. Shi Yan, deputy director of the new lake Futures Research Institute, and cotton textiles from Shandong, Hebei and other places.
產業鏈企業300余人出席了大會。

This conference is sponsored by new lake Futures Co., Ltd. and Shandong Cotton Association. Dezhou Cotton Association, Wucheng Cotton Association and Dezhou Textile Management Office jointly support the Zhengzhou commodity exchange. The Zhengzhou media exchange has Shandong's cotton information network, and China's downwind cotton net. The theme is to discuss how the domestic cotton textile market will be interpreted under the current macro-economic and policy background, how the cotton textile market and price will change, and how the enterprises respond to and arrange their own production and operation, and get the positive response of the cotton textile related enterprises.

In the first half of the keynote speech, Ms. Mei Yong, director of the China cotton storage information center, analyzed the trend of the cotton spot market in the 2010 part of the year. Then Mr. Chen Weidong, general manager of the Shandong branch of Ikam, Shanghai, expounded her views on the investment opportunities and risk control of the domestic and international cotton market. Mr. Deng Jun, the chief economist of the new lake Futures Co., analyzed the trend of the cotton futures market in 2010.

Mr. Shi Yan, deputy director of the new lake Futures Research Institute, has made "futures hedging and enterprise hedging plan design" on how enterprises avoid risks.

In the second half of the exchange, the main trend of the price change of cotton textile market in 2010 is the representative of the different chain of cotton textile industry. What is the main trend of the price change of cotton textile market in 2010? The sales situation of the domestic cotton market in 2010, the forecast of the textile cotton volume in the year, how to view the development trend of China's textile industry, the influence and suggestions of China's agricultural product market policy, and the in-depth discussion and Discussion on the impact of inflation and China's macroeconomic policy on the cotton textile market.

Some of the most representative enterprises are Shandong Lu cotton group, Shandong de Mian Limited by Share Ltd, Hebei new Dadong textile printing and dyeing Co., Ltd., Dezhou silver dragon group, Shandong cheerful home textile, Liaocheng Dongrun Textile Co., Ltd., Tangshan Sanyou International Trade Co., Ltd., He Zehong one Industrial Co., Ltd., Jiangsu Sufeng Textile Co., Ltd., Huaxing Group and so on.

During the conference, this year's

capacity

A questionnaire survey was conducted on the issues of concern, and most of the enterprises concerned were worried about the issue of import quotas and RMB appreciation. They were cautious about the market in the following month.

Most of them are optimistic about the market outlook.

Most believe that cotton futures in 2010 will run in the 16000-18000 range.

The discussion formed by this forum will be of great value to the business decision of the company this year.

After the meeting, the new lake Futures Limited held a thank you dinner, and the enterprises held a very warm exchange with the time of the dinner.