Cotton Textile Industry Recovery Remains Unstable

In the case of relatively stable cotton market, September 1st Storage node Cotton market will continue to bring positive benefits to the cotton market. Sun Liwu, an agricultural product analyst at Zhuo Chuang, told the Economic Herald reporter recently, however, due to the fact that the situation of supply and demand structure has not changed materially, the recovery of cotton textile industry is still unstable, and the recovery of cotton city in the future will still be affected. Contain 。

At the end of March, when cotton prices remained at a high level, the national development and Reform Commission released the plan for temporary storage and storage of cotton in 2011, which is the first time that cotton has been established in China. Temporary storage system The implementation time of the plan is from September 1, 2011 to March 31, 2012, and the execution area is the 13 main provinces (cities and districts) of Shandong, Henan and Xinjiang, the main cotton producing areas.

In August 26th, the Central Cotton store issued the notice on the implementation of the plan for the implementation of the plan for the acquisition and storage of the reserves. In 2011, the regulations on the purchase and storage of cotton were promulgated. The 19 thousand and 800 yuan / ton open policy is clear and the bottom of the policy is determined.

Recently, the cotton market gradually stabilized because of the good expectation of the new cotton season with the purchase and storage. Sun Liwu said.

According to media reports, the acquisition of seed cotton has begun in some parts of Xinjiang. In the eastern Xinjiang and southern Xinjiang, a small amount of new cotton has been listed. The price is 4.25 yuan / Jin, and the average price is 4.55 yuan / Jin, and the daily purchase volume of cotton enterprises is over 10 tons.

Demand for cotton is also slightly improving. Sun Liwu said that although the spinning enterprises still used with the purchase, but due to a long time ago to stop buying cotton, some textile enterprises inventory has been reduced to a minimum, there is a demand for replenishment.

Demand has also played an important role in stabilizing the cotton market in recent years. Sun Liwu said.

Judging from the actual situation, the middle and high grade lint enquiry is acceptable, and in some locality, due to the low inventory and the reluctant sale of goods, the supply of goods is relatively tight, making the turnover of high grade cotton move slowly upward, while the low grade lint remains at a low level.

Sun Liwu predicted that cotton market will continue to maintain consolidation and active co-existence this week, and high-grade cotton such as cotton and Xinjiang cotton will continue to grow steadily.

However, Sun Liwu also said that under the circumstances of favorable purchase and storage, the debt crisis, domestic inflation pressure and RMB appreciation will continue to affect the recovery and development of the textile industry. Financing environment It is still a long time to get effective relief.