China Store Cotton Purchase And Storage &Nbsp; Cotton Price Rise

Since the beginning of this year, cotton prices have changed steadily, and the trend has been rising steadily in the second half of last year.

The monthly report on cotton market released in September by the economic and Trade Department of the NDRC showed that after the start of the temporary storage and storage of cotton by the China Cotton Storage General Corporation,

The monthly report shows that after September 1st, cotton prices in the domestic market for 5 consecutive working days were lower than the 19800 yuan / ton temporary storage price set by the state. According to the relevant regulations, after approval by the relevant departments, the China Cotton Storage and storage company started the temporary storage and purchase of cotton in September 8th.

The effect of collecting and storing policies to support the market shows that domestic cotton spot prices have steadily recovered.

For example, the average selling price of the standard grade lint in the mainland is 19738 yuan / ton, up 398 yuan / ton compared with the previous month, or 2.1%; the average selling price of Xinjiang standard lint is 20160 yuan / ton, up 444 yuan / ton, or 2.3%.

In addition, the monthly report said that in the middle and September of last year, the price of cotton rose in the international market, influenced by the US's third round of easing policy and China's temporary purchasing and storage policy. In the middle and later ten years, the European debt crisis intensified, and cotton production in India and Australia exceeded expectations.

According to statistics of the General Administration of customs, China's textiles in September

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Winter clothing prices are rising

Although cotton prices have gone down, journalists have visited many garments in Beijing.

Ma Wenfeng, an analyst at Beijing orient Agricultural Consulting Co. Ltd., said yesterday that according to his research, the newly released winter clothes, with the same price of some fabrics and styles, have been raised year-on-year, and the range is generally over 10%, and individual brands have risen even more than 30%.

Ma Wenfeng said, "cotton and other primary agricultural products [0.00 0% shares bar Research Report] prices rise or fall, after a long industrial chain, it is difficult to directly reflect the terminal consumer products."