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    Focus On Today: Confirmation Of Temporary Purchase And Storage Price In 2012

    2012/3/5 13:55:00 29

    Temporary Storage And Purchase Confirmation Today

    The relevant departments of the state recently issued the "cotton temporary storage and purchase plan for 2012", and determined that the price of temporary cotton storage and purchase in 2012 was 20400 yuan / ton. At the same time, it was put forward that the scope of implementation and the requirements of cotton grading could be adjusted by the relevant departments in special circumstances.

    This is the second consecutive year that the state has issued a temporary storage and purchase plan, which has been slightly raised by the market parties, as compared with the current year.


    1. Determination of purchase and storage price: the grain and cotton price is still the basis.


    In 2012, the state raised the minimum grain.

    Buy

    Protective prices, including white wheat, red wheat and mixed wheat, were raised to 102 yuan /50 kg, or 2040 yuan / ton, with an average increase of 9%.

    Based on this, according to the estimated price of wheat and cotton at 1:10, the cotton temporary storage and purchase price in the new year is 20400 yuan / ton, an increase of 600 yuan / ton compared with the 19800 yuan in the previous year, and the increase rate is 3%.




    According to the cotton expert of China Cotton Institute, grain and cotton production can keep balanced development when wheat cotton ratio is generally 1:8 or 1:9 in history.

    However, with the continuous improvement of the degree of mechanization of grain production in recent years, the problem of cotton wasting time and labor has become increasingly prominent. The great difference in labor cost input has become an important factor that must be considered when determining wheat cotton ratio.

    Based on this, the state will consider the price of wheat and cotton in accordance with 1:10 when formulating the temporary purchase and storage price. That is to say, raising the cotton price ratio appropriately has fully taken into account the labor cost input of cotton.


    Two. Difference from the previous year: excluding the processing cost of cotton enterprises


    Compared with the previous year, the temporary purchase and storage price of the new year did not include cotton enterprises.

    machining

    Cost.

    The author thinks that the following aspects may be considered:


    1, in 2012, the textile production and marketing situation was not good, and maintaining stability became the top priority: in the first month of 2012, China's textile and clothing exports fell by 0.5% year-on-year, although the impact of new year's and Spring Festival holidays was concentrated, the export situation in 2012 was not optimistic.

    Europe will enter the peak of debt repayment after March, and the European debt crisis will not be resolved overnight. At the beginning of the year, the quantity and price of textile orders in Europe have declined. The recovery of the US economy is relatively optimistic, but the uncertainties remain. Japan and emerging economies are facing more complicated economic conditions this year.

    Under such circumstances, how to ensure the steady growth of textile and garment export this year has become a major factor to be considered when formulating the regulation policy of cotton spinning industry.

    To keep the price of raw materials stable and avoid increasing the cost pressure of textile enterprises due to excessive cotton prices will help to maintain the competitiveness of China's textile industry and create a stable upstream market environment for enterprises.


    2, cotton processing capacity shows an excess of state, and promotes industry adjustment and integration: according to the data of the China Bureau of industry and commerce, there are 1708 enterprises in the 400 type starting this year, and the operating rate of the new system processing plants is 87%.

    If the production capacity of 5000 production lines is calculated according to the 1 production lines, the capacity of the enterprises started this year has exceeded the total output of cotton in China.

    At present, some enterprises in the 400 type enterprises have different quality and operation conditions, and the industry needs further integration.

    The determination of the temporary purchase and storage price of the state in 2012 will promote the adjustment and integration of some new system enterprises with high comprehensive cost and poor operation.


    3, maintain a stable inside and outside cotton prices, textile enterprises should be based on procurement.

    domestic

    This year, with the temporary purchase and storage, the purchasing and storage price of 19800 yuan / ton has obviously supported the domestic market, but at the same time, the difference between domestic and foreign cotton prices has also been widening. At the end of the year, the textile enterprises increased the procurement of foreign cotton under the situation that the price advantage of the outer cotton was outstanding. In December, the import volume of single month even reached a record high of 790 thousand tons.

    The excessive purchase of cotton and the consumption of cotton from the inside and outside of the textile enterprises are contrary to the consideration that textile raw materials are based on domestic and industrial safety. In the long run, cotton production is not stable.

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    Read the next article

    Hongyuan Futures: Zheng Cotton Oscillation Market Interval Operation

    The domestic and foreign cotton price difference is an important factor that affects the purchase of cotton from domestic and foreign enterprises after the domestic purchase and storage price is raised. There is weak demand pressure, downstream policy underpinning, Zheng cotton mainly to concussion, difficult to have the trend of large market. Interval operations are recommended on strategy.

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