The Number Of Cotton Within The Territory Is &Nbsp; Why Not?

According to statistics, as of December 12, 2011, the total number of cotton notarization tests in the whole year was 14399911 packages, a total of 3257597 tons, including 1495383 tons of public inspection in the Xinjiang autonomous region, 1013398 tons of public inspection of the Xinjiang corps, and 77% of the total public inspection. From the data of public inspection, Xinjiang cotton was mainly 2, 3 and 4, which basically accords with the conditions for the sale of national cotton and cotton. However, as of December 12th, cotton temporary storage and storage totaled 1433160 tons in the year, and the total turnover of Xinjiang was 982440 tons. Xinjiang cotton accounted for 39.16% of the total number of public inspection. Since the beginning of this year, the total shipment volume of Xinjiang cotton is about 500 thousand tons, which will be deducted from Chen cotton and imported cotton and only 400 thousand tons will be shipped. Then at least 1 million 120 thousand tons of cotton lint is not shipped out in the territory. Why do so many Xinjiang cotton remain in the territory instead of storing it? The reasons for this are as follows:

1. As of December 12th, the harvest of Xinjiang cotton reserves Nearly 1 million tons, some warehouses in southern Akesu and Korla are nearly saturated. Due to the small area of the reinspection area and slow loading and unloading speed, the cotton warehousing speed is slow. Some enterprises are worried that after the auction is successful, the storage guarantee will be detained once they are unable to enter the warehouse within 10 days.

Two, in the first ten days of December, ICE and domestic Zhengzhou futures realized quadruple Yang. In recent months and May, contracts showed a small range of hedging opportunities, while the state purchase and storage price had important support for futures contracts in recent months. Cotton companies believed that the space for electronic disk exploration was very limited, and expected to use the opportunity of market guarantee to reduce the risk of cotton deposits. By the middle of December, the national high-grade cotton reserves reached 1 million 400 thousand tons. At present, the annual storage capacity reached 2 million tons at the end of March 2012. Basically, there was no suspense. A large number of 2-4 grade cotton entered the national reserve. Under the premise of weakening liquidity, once the 2012 period was postponed to July, the cotton market in the latter part of this year will have a supply vacuum period, and cotton enterprises are waiting for high grade. Cotton price The timing of the rally.

Three, at present, the difference between the 2 grade and 3 grade cotton in the mainland's public inspection is only 100-200 yuan / ton, while the difference is 3% (nearly 600 yuan / ton) at the time of storage, and the difference between 3 and 4 cotton is generally at 1000 yuan / ton. When the price difference is 3%, some enterprises choose 2 grade or 2 grade cotton stores to earn the difference.

Four, the state's collection and storage will end by the end of March 2012, and it will not be limited in price. Therefore, many enterprises in Xinjiang are not worried that cotton will not be able to store and store cotton until the 1-2 month of 2012, which will increase the interest of banks at most 300-400 yuan per ton. On the one hand, the current cotton reserves transportation, petrochemical and energy materials occupy the wagon, and the commodity cotton is difficult to get out of the territory. Cotton enterprises It is considered that the price of transporting to the mainland is not high, sales volume is not large, and the cost of warehousing, insurance and so on is also required. Therefore, the cotton lint is not intended to be transferred before March.