Cotton Storage And Storage Plan Increased By &Nbsp; Xinjiang Enterprises Were Very Calm.
National Day Plan Storage capacity The increase from 39100 tons in November 1st to 66500 tons on the 7 day indicates the determination and strength of the state to stabilize the price of cotton market and protect the interests of cotton farmers. However, it is partly produced in northern Xinjiang and the mainland. Cotton region According to the purchase price, the price of seed cotton has dropped below 4 yuan / kg, and cotton seed price has dropped to below 0.8 yuan / kg. The 19800 yuan / ton standard cotton grade has become a double-edged sword. Cotton farmers and cotton processing enterprises may be hurt by carelessness. The international economic environment is weakening due to the twists and turns of the European debt crisis. Although the US non farm employment data are better than expected, it is obvious that the loose monetary environment is supporting, while the price of raw materials is large. wave The rise in labor costs, the continued efforts of the state's macroeconomic regulation and control policies, coupled with the appreciation of the renminbi and the deterioration of the external export market environment have led to a sharp reduction in the export orders of China's cotton textile industry, which is inevitable for cotton growers and cotton and Canadian businesses. So why has the Xinjiang cotton's foreign exchange reserves not been rising recently?
1. In October, some cotton enterprises in Korla and Akesu produced the moisture regain rate of lint at 6.0-6.5%. According to the calculation of the 2 cotton linkings, the cotton enterprises still had a profit of 200-300 yuan / ton. This year, the purchasing capacity of processing enterprises increased generally. However, since November, affected by the southern Xinjiang cooling and rainfall, the moisture content of lint tested by the fiber inspection department is higher, generally higher than that measured by cotton ginning plants. 1-2% cotton enterprises generally say they can not accept it, and the enthusiasm for storage is declining.
Two, the European debt crisis resolution plan, the U.S. economic data better than expected, coupled with the 19800 yuan / ton storage price has become an important fulcrum, cotton prices are in a dilemma, the market panic has cooled. Some enterprises believe that the national storage and purchase will end by the end of March next year. At the moment, there is no need to rush to pay for the storage. The first choice is to carry the cotton wool to the mainland. If cotton prices are still not able to break through 20000 yuan / ton in March next year, it will not be too late for the mainland to hand over the storage directly.
Three, it is understood that the Xinjiang agricultural development bank loan concentrated repayment period is next May and August, at present, most of the cotton enterprises purchase funds are more abundant, so after paying the storage procedures, after paying 80% of the cost, after reexamination, the payment of the remaining part of the provisions of the new territories cotton enterprises have little attraction, business wait-and-see sentiment is heating up.
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