Competition Between Supply And Demand Of Cotton Is Caused By Human Beings.

According to foreign businessmen and some

Enterprises reflect that the current quotations for Port Bonded cotton are mainly adjusted with the price fluctuations of the domestic electronic disk such as Zheng cotton and electronic matching. ICE is only an important reference for the cotton price quotation in the far month shipping season, but most of them follow the "small rise or fall", and Cotton Traders and trade continue to see more and less confidence.

On the 11-15 th of July, the price of bonded cotton in India cotton, cotton, West African cotton and Australian cotton rose 200 yuan / ton with the rise of domestic electronic disk, and because of the serious accumulation of cotton outside the ports, the pressure of fund flow of some importers was very large, and cotton import quota was very precious. Therefore, the competition among cotton merchants was very fierce. It was not uncommon for cotton merchants to compete for customers. The surface price of bonded cotton rose by 200-300 yuan / ton on the surface, but the actual increase was not more than 100 yuan / ton. Some large cotton manufacturers gave large quantities of customers or new customers 100-200 yuan / ton.

For example, 18 Zhejiang, a large importer in Zhangjiagang, India cotton S - 6 quoted 17800-18000 yuan / ton, MCU-5 reported price 18200-18300 yuan / ton, but for one-time procurement of more than 500 tons of customers to give profits 150-200 yuan / ton, basically consistent with the previous week paction price.

Although a 18 day agency announced that "the state's relevant government departments have confirmed that the country has not planned to throw 300 thousand tons of storage and set up a corresponding quota of quota, please involve cotton companies rationally to deal with rumors and prevent market risks."

However, foreign businessmen, importing trading companies and some cotton mills believe that the primary task of the current national government departments is to "protect jobs, protect exports and steady growth". Only about 50% of cotton spinning capacity in China starts production, and small and medium-sized cotton mills in Jiangsu, Zhejiang, Lu Yu, Hebei and other places have stopped production and reduced production, and the workers have been adjusted from two shifts to three shifts.

Under the premise of reducing wages and reducing production, plus the difference between domestic and foreign cotton prices in the range of 4000-5000 yuan / ton, the export competitiveness of cotton textile and garment industry

The State Council, the Ministry of industry and the Ministry of Commerce and other ministries are highly concerned. In 7 and August, before the listing of new cotton, two measures to throw cotton or cotton import quota will be introduced at least one. If the production and export situation is still unable to recover or stabilize, it will not rule out the possibility of two measures coming out of the Taiwan Strait. The government will regulate the pfer of pressure to the next year.

At present, China's cotton consumption in 2011/12 and 2012/13 is 8 million 927 thousand tons and 8 million 600 thousand tons respectively in the USDA monthly report, and the consumption of ICAC is 8 million 635 thousand tons and 8 million 980 thousand tons respectively.

Foreign businessmen and enterprises generally believe that China's actual consumption will be less than 8 million tons in 2011/12, and several Singaporean cotton producers even predict less than 7 million 500 thousand tons, since a large number of cotton substitutes have entered since March.

About half a year, the start-up rate of small and medium cotton textile mills is less than 50%, and the start-up rate of large and medium-sized enterprises is only 60%-70%. Therefore, the short term so-called cotton supply and demand tension is only caused by humans.

Comparatively speaking, the 7 and August issuance quotas are far more effective in terms of price and supply and demand than the 30-40 tons of cotton reserves.