Storage Cotton Storage And Storage Over The Same Period Last Year Hundred Times Turnover Of 1 Million Tons

China cotton reserve management company this year

The temporary storage and purchase plan was launched in September 8, 2012 and began to close in September 13th, nearly a month earlier than last year.

The volume of trading has gradually increased in recent years. After September 29th, the volume of trading is stable at more than 70 thousand tons.

At present, the total turnover is more than 1 million tons, 150 times that of the same period last year.

Jia Shaobin, general manager of Qingdao's Hong Chuan logistics company, told the net that the price of temporary storage and purchase of new cotton is 20400 yuan / ton this year, which will continue in the coming months and will continue until next March.

The price of storage and storage this year is even higher than that of last year, which was 19800 yuan per ton last year.

Due to the high price of purchasing and storage, the enthusiasm of farmers to pay for storage is high.

Cotton reserves said that 2012 is temporary cotton.

In the second years since the implementation of the policy, cotton farmers' basic income has been effectively protected, and domestic cotton prices remain basically stable.

Since the start of the plan, the average price of domestic seed cotton has basically stabilized at about 4.2 yuan per Jin, and the price of cotton folded cotton rose by nearly 3%, and the domestic 328 grade cotton prices rose from 18756 yuan per ton in September 13th to 18788 yuan per ton in October 18th, slightly rising, and the contract of Zheng cotton futures rose from 18630 yuan per ton in September 13th to 19310 yuan per ton in October 18th, up to 4% per ton in October 18th.

According to the 17 day analysis report of Galaxy futures, up to now, China Central Cotton Storage Corporation has signed a large single contract with China Cotton Group Co., Ltd. and Xinjiang production and construction corps cotton and hemp company, with a preliminary intention of 300 thousand tons and 600 thousand tons respectively.

The warehouse receipt is stored in the warehouse of the enterprise.

However, with the increase of storage capacity, the problem of storage and storage has become a difficult problem.

China grain reserves said that due to the phased oversupply of new cotton during the listing period, the current market price is still lower than the reserve price.

It is difficult for the demand to improve in the short term. It is expected that cotton processing enterprises will mainly rely on storage and storage. With the large number of existing stocks, the shortage of reserve capacity will become more prominent, and the purchase and storage work will be faced with unprecedented pressure.

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