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    The New Year's Policy Of Purchasing And Storage Has Slowed Down The &Nbsp Of The Area; Textile Enterprises Have Reduced The Purchase Of National Cotton.

    2012/3/31 22:05:00 9

    Purchase And Storage Policy Procurement

    2011 cotton is over half of the year.

    The demand for cotton is still in the doldrums, and the market is light. Cotton prices remain relatively stable under the support of purchasing and storage policies, but the increase in cotton prices has increased significantly.

    The cotton planting intention survey in February showed that the cotton area decreased in 2012.

    At the end of February, the relevant state departments announced the plan for the temporary storage and purchase of cotton in 2012, and determined that the new year's storage price was 20400 yuan / ton, an increase of 600 yuan compared with the current year.

    It is estimated that the new year's purchase and storage policy will play a positive role in protecting the interests of farmers and slowing down the trend of regional decline.


    Textile production continued to maintain rapid growth.

    According to the statistics of National Bureau of statistics, the output of yarn was 2 million 369 thousand tons in February, an increase of 25.7% over the same period last year.

    Despite the increase in spinning output, the export situation of textile and clothing is not optimistic.

    Customs statistics show that textile and garment exports in February were 9 billion 710 million US dollars, down 54.9%, down 7% from the same period last year.

    According to the investigation of cotton spinning enterprises, due to the lack of confidence in the market, the raw material inventory of enterprises has decreased compared with the same period last year.

    In order to reduce costs, enterprises first increased the amount of non cotton fiber, and two increased the amount of imported cotton.

    Purchase

    The number of domestic cotton decreased.

    In February, China imported 616 thousand tons of cotton, an increase of 89%, an increase of 2.3 times compared with the same period last year.


    By the end of February, the state had accumulated 2 million 688 thousand tons of cotton, accounting for 37% of the total annual output, including 1 million 548 thousand tons of Xinjiang cotton and 1 million 140 thousand tons of cotton in the mainland.

    Under the support of purchasing and storage policy, domestic cotton prices are relatively stable.

    China

    cotton

    The price index (CC Index328) averaged 19505 yuan per ton in February, up 1.3%, up 34.5% from the same period last year.


    Commodity cotton turnover inventory ring ratio has increased, compared to the same period, still decreasing, the reduction is narrower than before.

    The cotton association of China monitored the total turnover of the total commodity cotton turnover at the end of February, about 1 million 395 thousand tons, an increase of 166 thousand tons compared with January, representing a decrease of 116 thousand tons compared with the same period last year, of which Xinjiang's inventory increased annulus compared with that of the same period last year.


    As for the acquisition of seed cotton, the cotton association of China surveyed the average sale of cotton growers by 89% at the end of February.

    The Yellow River basin 400 cotton processing enterprises standard level average purchase price of 8.15 yuan / kg, up 0.1 yuan, the Yangtze River Basin

    Tail stage

    The quality of seed cotton is poor, and the average purchase price is 8.06 yuan / kg, down 0.1 yuan.


    As cotton prices fall and cotton planting costs rise, enthusiasm for cotton farmers is frustrated.

    China Cotton Association February cotton farmers intention survey, cotton planting area in 2012 is expected to be reduced by 16.7% over last year.


    In March 20th, the China Cotton Association held the two four Council and cotton situation analysis conference in Beijing.

    The representatives of agriculture, industry and commerce at the meeting fully affirmed the role of the temporary purchase and storage policy in the year 2011. At the same time, it was considered that the difficulty of stabilizing cotton production in 2012 increased. It was suggested that the state should introduce corresponding support policies in stabilizing cotton production, lighten taxes on textile enterprises, and cultivating backbone circulation enterprises.

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    Read the next article

    Pay Attention To The Policy Trend After The Purchase And Storage Of Cotton.

    Generally speaking, cotton prices are difficult to rise and fall, and the uncertainty of the latter policy is very large. The market will be more difficult to operate, and more volatility will fall or rebound.

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