Home >

The Price Of The Market Is Clearer In The Bottom Of The Market.

2011/12/20 8:39:00 18

Although the global economy is uncertain due to the European debt crisis, demand is facing a downward trend.

risk

The price continued to fall, but on the domestic bulk agricultural products market, the market price of agricultural products became clearer because of the gradual introduction of the national minimum purchase price.

In the field of cotton, the Ministry of Finance announced last week that it will implement the adjusted policy of import cotton sliding quasi tax in the commodity import policy.

According to the calculation, after the implementation of the new sliding tax policy in the cotton market, the cost of imported cotton in 2012 was higher than that in 2011, and when the price of cotton was quoted at 80 cents / pound ~82 cents / pound, the price difference reached the highest level of 500 yuan / ton.

When the quoted price of cotton is below 50 cents / pound and higher than 100 cents / pound, the cost of imported cotton is equivalent to that of the old and old slip tax.

While the quotation for cotton is 51 cents / pound ~57 cents / pound, the price difference is negative, which is good for the import of foreign cotton, but the possibility of cotton prices falling to this interval is very small this year.

Tianqi futures analyst Chen Shumin believes that at present,

Outer cotton

The price is about 95 cents per pound. The adjustment of sliding tax policy has little effect on the cost of imported cotton.

But in view of the global economic crisis, consumer demand is generally weak, and China's textile industry is weak.

foreign trade

The export situation is not optimistic. Cotton demand is sluggish. It is estimated that the international cotton price will continue downward. Once the price falls to the interval of 80 cents per pound, the new sliding tax policy will certainly increase the cost of importing cotton in the coming year.

This is of great significance to the protection of cotton prices in China in the future.