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    Cotton Enterprises Wait In Line With China Cotton Association For Approval To Rush To Store Cotton.

    2012/9/6 18:35:00 8

    Cotton EnterprisesReserve CottonExamination And Approval

    8, September is precisely

    cotton

    In short supply, when the cotton quota was used up, most cotton enterprises began to look forward to the cotton reserves in September 3rd.

    But it is surprising that since the launch of reserve cotton in September 3rd, a large number of cotton companies have been queuing up for examination.


    Due to the excessive number of enterprises waiting for approval, the Chinese cotton textile industry association, which is usually at a loss, has suddenly become popular.

    Due to the excessive number of textile enterprises waiting for approval, China Cotton Association has to launch a membership priority system, but even so, there are still complaints from textile companies that they haven't passed the examination for many days.


    Accordingly, the reporter has repeatedly called the China Cotton Textile Industry Association qualification examination and entry procedures for the relevant person in charge, but all because of busy line and not connected.

    For a while, this contact telephone became the hotline.


    Textile enterprises lack serious 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 purchase of cotton reserves are limited to textile enterprises.

    Textile enterprises should first apply to the China Cotton Textile Association to get the paction qualification and purchase quantity.

    The China Cotton Textile Association will notify the trading market through the list and quantity of the approved textile enterprises, and the trading market will be publicized.

    For example, textile enterprises are trading market dealers, trading market directly open trading rights, the textile enterprises can directly participate in the paction; if not trading market traders, they need to go through the formalities of entering the market first, then open trading rights and participate in the auction of cotton reserves.


    In order to apply for permission from the China Cotton Textile Association, we need to fill out the application form for the 2012 cotton reserve paction qualification and purchase quantity, and send it to China Cotton Textile Association by e-mail.

    Therefore, after the announcement, there are many home textile enterprises to initiate applications.


    However, a number of applications for cotton enterprises reflect that the application has been issued, but has not yet started the audit, but does not have the name of its own company.

    Why is it so late that we can't get the audit?


    Among the cotton enterprises that have issued applications, they have received a reply that they have received the application form for your purchase of cotton reserves.

    According to the bulletin of the China Cotton Association, in view of the fact that the members of the China Cotton Association and the data reporting enterprises are relatively familiar, priority is given to the audit.


    The reporter's visit to China cotton information network revealed the 2012 launch of the reserve cotton web page. In the latest notice column, the list of the seventh batches of textile enterprises and the number of bid for sale in 2012 were announced.


    Looking at the list of groups, there is no name of their own companies, cotton enterprises have begun to declare members hope to be audited as soon as possible.

    However, people may have underestimated the number of enterprises applying for cotton reserves.


    Despite the priority of membership, those who have paid the membership fee reflect that it is not the approval of the spinning enterprises that have applied for membership.

    People who have applied for membership said they had paid 3 days, but they didn't make any money.


    Why do so many enterprises want to buy cotton reserves?


    According to a family

    cotton spinning

    The relevant person in charge of the listed company briefed the reporters that most of the cotton reserves were high quality cotton, so the spinning enterprises wanted to buy them.


    From this we can imagine how attractive the reserve cotton will be when the new cotton is not out and the old cotton is running out.


    More than 120 thousand tons have been accumulated.


    Some 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.


    According to the "notice on the sale of some countries' cotton reserves from the organization", the reserve cotton for sale is the 2011 cotton made in China temporarily. The relevant weight and weight are determined by the inspection certificate issued by the China Fiber Inspection Bureau and its inspection institutions.


    According to the announcement, the reserve price of the reserve cotton sold in the warehouse is 18500 yuan / ton (standard level, fixed weight), and other grades of cotton are calculated according to the grade difference rate 3% and the length difference rate 1%.

    The daily listing and bid price are subject to the detailed information released on that day.


    People with non members of the cotton industry worry that their cotton reserves will be exhausted, but their own companies will not be able to buy cotton without audit.

    In this way, it is really impossible for a skilled woman to cook a meal without rice.


    The latest notice released by the reporter on the China cotton information network found that from September 3rd to September 6th, only 3 days had passed, and the list of "the list of textile enterprises and the number of bids bought and sold in 2012 cotton reserve" had been distributed to the ninth batch.


    In addition, the reporter also found that the latest statistics, since September 3, 2012, the cumulative turnover.

    Reserve cotton

    121757.50 tons.

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