400 Thousand Tons Of Imported Cotton Is Expected To Save Qingdao'S Textile Industry.

To apply or to give up? This is a difficult problem.

In August 23rd, a large reporter from Shandong

The boss confirmed that the management department had received an oral notice recently, and the national development and Reform Commission has issued an additional 400 thousand tons of cotton quotas in the near future. Cotton spinning enterprises can proceed with the quota declaration.

"The export situation is very bad, plus the cost pressure is too large in the past few months, the initiative to reduce production capacity and give up some small orders, therefore, whether to apply for import cotton quotas, increase production capacity is not yet determined."

The boss said.

This news is good news for Xiaoshan, a cotton trader.

The quota of 400 thousand tons of imported cotton can, to a certain extent, save cotton from Shandong's Qingdao bonded port warehouse.

According to Xiaoshan estimates, at present, more than 500 thousand tons of cotton stranded in the port of Qingdao and its surrounding ports are in danger.

Imported cotton pressurized port

Qingdao bonded port area, cotton logistics company Qingdao Jinyu Logistics Co., Ltd. warehouse warehouse cotton direct to the top of the warehouse, about 40 thousand tons, which is the limit of warehouse capacity.

In the whole bonded port area, there are more than 10 such cotton bonded warehouses, which are full of warehouses like Jinyu logistics.

According to Xiao Shan, the goods can only be pushed to the bonded warehouse around Qingdao port.

Weifang, Gaomi, Zibo, Qingzhou, Yucheng and other places, goods to the surrounding port warehouse, the cost is naturally increased, textile companies choose goods to see goods is not convenient, but the owner has been unable to find any empty warehouse in the Qingdao Port Free Trade Zone, can only be stored in the surrounding warehouse.

"September is the time for China's new cotton to be listed. Therefore, under normal circumstances, from May to October, the export period of imported cotton is over. The peak period of July and August is over, and in September and October, there is basically about 50% cotton left in stock.

And nearly two months later this year.

Very few. Now it's the end of August, and the warehouse is still in full load. "

Xiao Shan said.

Xiaoshan nearly 600 tons of cotton stored in Qingdao Jinyu logistics warehouse are still waiting for buyers.

Xiaoshan bought the goods from Pakistan in May this year, and the pick-up price was 14000 yuan per ton, compared with the price of 19000 yuan per ton of domestic cotton at that time. It had a very strong price advantage, and Xiaoshan imported more than 1000 tons.

From then on until the early August, Xiaoshan bought 500 tons of imported cotton quotas from a textile enterprise through the channels of acquaintances in the industry.

The quota price ranges from 2800 yuan to 3300 yuan per ton, of which 2800 yuan buys 200 tons quota, 3200 yuan buys 200 ton quota, 3300 yuan buys 100 ton quota.

"I heard that the highest paction reached 3800 yuan, but I didn't buy it at that time, and now I have been fired to 4000 yuan."

Xiao Shan said.

Xiao Shan himself has a small spinning mill, but cotton trade is also the main source of benefit.

This year, only 50% of the capacity has been maintained to ensure the demand of large customers. In 2010, when the domestic cotton shortage and demand increased significantly, the import cotton of the company was very profitable.

But from last year to this year, cotton trade has lost about 10000000 yuan.

Therefore, more than 1000 tons of cotton imports from Pakistan are pressed in Qingdao, and Xiaoshan is burning with anxiety.

Although the quota of imported cotton is expensive, Xiaoshan is still buying 500 tons of teeth. "Fortunately, the cost of imported cotton is low, the price difference with domestic cotton is 4500 yuan per ton, and the quota price is still lower than the price of imported cotton. Textile enterprises are still very willing to use imported cotton."

Xiao Shan said.

Quota trading is usually signed by agency agreement, in the form of agency.

Many quota textile enterprises do not have the ability to negotiate with foreign businessmen, and they are sent to traders to purchase imported cotton.

Or some enterprises simply sell the quota and exchange it for cash.

The money is easy to get.

Selling quotas is zero cost.

The enterprises that sell quotas earn money.

They need cotton, they can buy Xinjiang cotton or real estate cotton, or buy cotton that goes out.

Transactions between traders and textile enterprises are sometimes matched by brokers (quota brokers).

Brokers provide information to businesses and traders who have quotas, and which traders are paying high.

"Really can not get the quota, and pay 40% of customs duties can also directly customs clearance, but the cost is too high, there is only a lot of profit margins."

Xiao Shan said that before the expiry of the letter of credit, he would still be able to deal with cotton directly at a loss.

Throwing and matching parallel

400 thousand tons of incremental quotas for Xiaoshan such cotton traders, such as timely rain.

But Xiaoshan's spinning mill is too small to be eligible for imported cotton quotas.

According to the consultation of China cotton textile information network, the quota for newly imported cotton is basically the quota of processing trade. Although the textile enterprises have received news from the relevant management departments that they can apply for processing trade quotas, some enterprises are in a dilemma because of the poor export situation.

"I am inquiring about which enterprises are applying, and which enterprises are abandoning their claims. If we can get the quotas, the remaining hundreds of tons of cotton at the port will be saved."

Xiao Shan said.

At the same time, Xiaoshan revealed that there were news in the industry that the NDRC will launch 1 million tons of national cotton reserves in September.

Recently, the relevant management departments have discussed closely about the details of throwing and storing, and the specific way of throwing and storing is directional storage or the quota scheme of the imported cotton has been discussed. The relevant departments of dumping and reserve prices are also divided, mainly in 16000 yuan / ton or 18500 yuan / ton.

Xiao Shan believes that the state also throws cotton reserves at the same time to increase the quota of imported cotton, so as to ease the cost pressure of textile enterprises. Therefore, it will benefit spinning enterprises in the short term. However, a single state cotton store will be sold at 16000 yuan / ton, and the profit margins of many importers' imported cotton will be reduced, so that the quota price of imported cotton can no longer be borne.

Xu Wenying, vice president of China Textile Industry Association and honorary president of China Cotton Textile Industry Association, said that the quota increase of imported cotton can only alleviate the urgent need.

At present, China's cotton import quota and sliding tax double control, because the quota is issued according to the gap, has effectively controlled the number of cotton imports.

But at home and abroad, cotton prices, workers' wages and seed cotton costs have risen sharply.

It will remain high for a long time, so the import slip tax has not been implemented.

Therefore, Xu Wenying suggested that the government adjust the import sliding tax and replace it with cotton seed subsidy so that it can not only protect farmers' enthusiasm for planting cotton, but also take care of the interests of textile enterprises.

We should increase support for cotton spinning enterprises to actively use cotton in two domestic and international markets, and suggest that the state purchase the international cotton at a timely low price for reserves. The reserve should be at least two months' domestic cotton demand.