People Say Cotton: The State Receives And Stores The Policy Of Developing Cotton.

Today, the state cotton purchase and storage work was officially launched, the cotton market has gradually revealed some warmth, and driven the price of cotton yarn has risen 500-800 yuan / ton.

However, the growth of domestic cotton is better than that of the same period last year, but the downstream market has not yet fully recovered. Whether the national purchasing and storage price can lead to the stability of related industries, and the market confidence is still insufficient.

In the new year, the cotton purchase and storage plan began in September 1st, with a fixed price of 19800 yuan / ton, and an unlimited acquisition. The margin was 300 yuan / ton, and the proportion of certificates was 1.5%. The country's strong market support measures have gradually revealed some warmth in the spot market. It is understood that the price of lint cotton has risen steadily in most parts of the country, especially the increase of high-grade cotton prices. The price of grade 3 Xinjiang cotton is 21000 yuan / ton, up 500-800 yuan / ton compared with last week.

In addition, Cotton price Stabilization, Cotton yarn Prices also gradually stabilized, showing a partial upward trend. Textile enterprises in Jiangsu and Shandong showed that the price of cotton yarn increased by 500-800 yuan / ton, and the sales situation improved, but the best-selling varieties were more concentrated.

Obviously, downstream Yarn price The stabilization and high price of lint and the support of State purchasing and storage prices have made cotton futures prices and price matching prices slow down. However, domestic cotton growth is better than that of the same period last year, but the downstream market has not yet fully recovered, and the shortage of export orders will inhibit the uplink of cotton prices.

"If there is no major disastrous weather in the late stage, cotton will get a good harvest. The total output is expected to reach 7 million 480 thousand tons, up 12.3% over the same period last year." According to the field survey conducted by China Cotton Association, the cotton area of individual provinces has been revised. It is estimated that the cotton planting area will be 80 million 180 thousand mu in 2011, compared with that of the previous year, an increase of 4.1% over the previous year. In July, most of the cotton fields were abundant in heat and light, and the moisture content was suitable, which was favorable for cotton flowering and flower boll growth. Some cotton areas had adverse weather, such as high temperature, rainy and sparse illumination, but had little effect on the whole population.

It is especially rare that since the cotton planting, the meteorological conditions in the whole cotton region of China are suitable, and the occurrence of pests and diseases is relatively slight. In addition to the decrease of Jiangsu's yield per unit area in the main cotton producing provinces, the output per unit area has increased to varying degrees in different provinces. The cotton growing in the Yellow River basin and Xinjiang cotton area is good and the harvest is in sight. It is estimated that cotton output will reach 7 million 480 thousand tons in the same year, a 12.3% increase compared with the previous year. However, since August, there has been continuous rain and light weather in some cotton areas, which may have an impact on the final output.

Huge inventory pressure is also a problem that the cotton market will have to face. According to the China Cotton Association, the total turnover of commodity cotton turnover in China is about 834 thousand tons, a decrease of 91 thousand tons compared with June, an increase of 45% over the same period last year, of which the mainland increased by 1.6 times over the same period last year, far exceeding the level of the previous two years, especially in the mainland.