Since September 3Rd, Part Of The Reserve Cotton Has Been Put On The Market.

To meet the needs of textile cotton, approved by the State Council, since September 3rd, the China cotton reserve management corporation has put some cotton reserves in the national cotton trading market (hereinafter referred to as the "trading market").

It is understood that the launch of the market.

Xinjiang cotton, which is temporarily collected and stored in 2011, is based on the current domestic market price of 18500 yuan / ton (standard class), and is traded through the national cotton trading market platform.

The announcement indicates that the reserve cotton sold in September 3rd will be 35708.002 tons.

The purchase target of the reserve cotton is limited to the textile cotton enterprise, and the maximum purchase quantity is approved according to the principle of purchasing cotton for 1 months at most, and the reserve cotton purchased is limited to its own use and must not be sold.

The number of enterprises eligible for bidding and the number of bidders participating in the auction will be examined and approved by the China Cotton Textile Industry Association.

China

The textile industry association and the trading market will examine the list of textile cotton enterprises that meet the bidder's qualifications and the number of their respective bids, respectively, through the China Cotton Textile Industry Association website (www.ccta.org.cn) and the China Cotton Information Network (www.cottonchina.org)'s "2012 cotton throwing and throwing" column, which will be released to public supervision.

In September 3rd, the China Cotton Textile Industry Association announced that the launch of the reserve cotton since September 3, 2012 is a measure taken by the state to protect the interests of farmers and maximize the use of cotton in textile enterprises.

To ensure that the cotton reserves are put in an orderly and reasonable manner, please pay attention to the following points: first, purchase on demand, strictly control the quality (such as weight, grade, impurity and moisture regain) according to the requirements of cotton blending, so as to ensure the interests of cotton enterprises.

Two, strict implementation of the relevant state regulations, the purchase of reserve cotton must be used for themselves, strictly prohibit scalping.

Three, strengthen industry self-discipline, rational auction, do not bid up prices.

Industry analysts believe that the new cotton has not yet been listed in large quantities, the market is in the stage of being out of green, and the high-grade cotton is in short supply. This will increase the market supply.

The reserve price of 18500 yuan / ton has little difference from the current spot price.

In the case of low import cotton prices and low demand for downstream demand, the reporter learned from the interview that most textile and cotton enterprises have rational attitude towards throwing and storing.

Wang Gong, general manager of Huamao stock company, told reporters that state dumping is a good measure to stabilize the market and support the textile industry.

However, the turnover rate of the first day of dumping is less than 70%, indicating that many textile enterprises are still on the sidelines. The main reason is that the textile industry has not yet been out of difficulty, and the pressure on the cotton enterprises is still under pressure according to the current dumping price. At the same time, he appealed to support the textile enterprises facing difficulties in terms of taxes and quota distribution.

Xie Haiqing, deputy general manager of Shandong Wei Qiao Venture Group Co., Ltd., said that enterprises will participate in cotton bidding in strict accordance with relevant regulations according to production needs.

Although the market environment has improved slightly in recent years, the future situation is still uncertain. Enterprises will be cautious and treat the dumping with a rational attitude.

At the same time, he hoped and supported the relevant departments of the state to take measures to maintain.

Stable.