The Two Time Cut Interest Rate Has Little Effect. The Enthusiasm Of The Mainland'S Package Factory Has Dropped To A Low Point.

The Central Bank of China and the European Central Bank announced almost 25 basis points of interest rate cuts at the same time. China cut interest rates twice in less than 1 months, and European interest rates fell to a historical low, indicating that the world Monetary easing With the advent of the stimulus policy, the global and domestic commodity futures and stock markets are still generally falling down. Enterprises and investment institutions are worried about the increasing risk of economic downfall. The role of the stimulus policy needs only a period of time to emerge.

Domestic futures and matching disk are weak and volatile, trading volume is declining, and the gap between the two countries is larger. Spot market Xinjiang cotton The price of the three grade cotton warehouse is stable at 18700-19000 yuan / ton, and the two grade cotton price is 19200-19400 yuan / ton (the price quoted by the quoted company in the territory refers to the price of the contract in recent months), but cotton mills generally accept only 19000 yuan / ton price. As the railway sector has increased the number of vehicles entering the border since June (the average daily load of 320-330 truck skin lint), and the 6 cotton textile factories and cotton enterprises in Xinjiang, which are purchasing cotton in Xinjiang, there are still few and 800-1000 cotton / cotton prices in and out of Xinjiang. Some of the cotton producers in Zhejiang Province have gradually recovered their enthusiasm for lint transportation.

The other 1 reason is that the national cotton trading market "cotton produced in Xinjiang in the cotton blending business" can only be used for delivery in July and the next month. Otherwise, the Seller shall bear the allowance of 500 yuan / ton railway freight subsidy, so that the manufacturers who have not hedged will have to sell the goods outside the territory.

It is understood that, due to 2011/12, southern Xinjiang Cotton ginning The phenomenon of rush buying and buying is common, leading to the fact that cotton producers and cotton mills in some cotton processing factories have not made profits or even a slight loss even in the month of 2012.10-2012.3 months. This year, the relevant departments of the state announced a new annual storage price of 20400 yuan per ton. In March, cotton enterprises generally believed that it would be a "seed cotton high and cotton bottoming" market. Once the cotton price of the processing and purchasing enterprises continued to fall, the risk of loss would be greater. So far, it was determined that there were very few mainland enterprises in Akesu, Korla, Bachu and other places in the southern Xinjiang. Factory

Some cotton enterprises reflect that the cost of processing a ton of lint in the southern Xinjiang was still at the level of last year, 1100-1300 yuan / ton, but the processing capacity of the bottom sheet dropped from 4000 tons to 3000 tons and then reduced to 2500 tons. In July, some ginning plants started the infrastructure construction, workshop maintenance and research work, and waited for the purchase in mid August.