The Price Fluctuation Of Cotton Is Increasing, And The Industry Suggests Changing The Current Circulation System.
< p > butterfly effect appears again.
The coldest winter in 28 years has once again raised the price of cotton.
According to statistics from relevant institutions, the domestic cotton futures market and spot market were all red yesterday.
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< p > "yesterday, the highest price of Zhengzhou cotton 1305 contract week was 19370 yuan / ton, the lowest price was 19000 yuan / ton, the disk rose 275 points, the increase was 1.44%; zhengmian showed a rising trend."
Shennong analyst told reporters that the domestic spot: in January 11th, the domestic quotas a href= "http://www.91se91.com/news/index_c.asp" > cotton < /a > quotations continued to rise, representing the 229 level cotton prices in the mainland, a href= "http://www.91se91.com/news/index_cj.asp" > cotton price < /a > A index was 20102 tons, compared with 10 days up 7 yuan; on behalf of the mainland's 328 cotton prices, the national cotton price B index was 19278 tons, up 8 yuan compared with 10 days.
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< p > yesterday, the China reserve cotton Management Corporation (hereinafter referred to as "China store cotton") began selling cotton reserves, and the bid price was 19 thousand yuan / ton, which was lower than the 20 thousand and 400 yuan / ton of the storage price.
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< p > "this is a good news!" when talking about the storage and storage of cotton, a senior company executive in the textile industry told reporters that such operation can keep the price of throwing and storage at a certain level, and also reduce the pressure of domestic high cotton prices on textile enterprises.
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< p > < strong > cotton price upside down. The price difference between home and abroad is 5000 yuan per ton < /strong > < /p >.
Less than a month ago, when p entered the cotton harvest season this year, changing cotton prices were constantly stimulating the cotton farmers and cotton enterprises.
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< p > it is reported that the rise and fall of cotton prices in recent years has led to the reduction of the planting area of the main cotton producing areas in China at an average annual rate of 10%, while the cold winter in the downstream industries has made the already fragile domestic cotton < a href= "http://www.91se91.com/news/index_s.asp" > market < /a > worse.
In the face of the cold current, facing the "anxious" cotton, both cotton farmers and cotton enterprises are facing a difficult choice.
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< p > however, the state has issued relevant policies in a timely manner to reverse the decline.
Yesterday, the China Agricultural Development Bank stakeholders told reporters that although faced with a substantial increase in inventory, the textile industry downturn, the domestic and foreign cotton prices continued to run high and other unfavorable factors, but supported by the state's temporary storage policy, the 2012-2013 cotton year, the overall operation of the cotton market is relatively stable, no "white ious" phenomenon.
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"P >" this year, the state continues to implement the policy of temporary cotton purchase and storage linked to the purchase price.
The price of storage and purchase is 20400 yuan / ton, which is 600 yuan higher than that of last year, corresponding to the purchase price of each catty cotton seed raised by about 0.1 yuan.
The above said, from the purchase price, the current market level three flowers are basically 4 yuan -4.2 yuan / kg, Xinjiang slightly higher.
There is a certain profit margin for cotton farmers to sell at this price.
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< p > however, such a direct result is that China's cotton prices are unexpectedly high, while the international market prices have fallen sharply due to the drop in demand.
The upside down phenomenon of cotton price has aroused widespread concern in the industry.
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< p > "at present, domestic cotton price is higher than 18000 yuan per ton, and international cotton price is more than 13000 yuan per ton.
The difference between the two is more than 5000 yuan, and the quota of imported cotton is very high, and domestic textile and garment enterprises are under great pressure.
Recently, many textile and garment enterprises told reporters.
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< p > Xia Lingmin, vice president of the China Textile Industry Federation and chairman of the circulation branch, told the media that the state should liberalize the cotton market and implement direct subsidy to cotton farmers.
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< p > the relevant industry told reporters that because China implements the quota system of imported cotton, the huge difference between domestic and foreign countries has seriously weakened the international competitiveness of domestic cotton textiles.
Data show that China's exports of cotton products have overall negative growth.
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< p > < strong > pressure is too great. The industry suggests changing the current circulation system < /strong > /p >
< p > according to the survey released by China Cotton Association, cotton spinning enterprises mainly use cotton and imported cotton as the main raw materials for cotton spinning before and after new year's day. Last week, the cotton market was relatively dull, resulting in more tight spot supply.
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< p > yesterday, the reserve cotton began to put cotton reserves into the market.
However, not all textile enterprises are gratified by this dumping.
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< p > market analysts pointed out that the sale of cotton for 2011 and previous year's warehousing of cotton, which makes the industry worried about its quality.
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< p > cotton is more frequent, and good cotton can not be released for two years.
We mainly use high-grade imported cotton, and the quality of the cotton thrown this time may not meet our requirements.
Yesterday, a large textile enterprise responsible person told reporters.
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< p > the person in charge said that the storage of cotton in China has been in a large scale for two years. At present, the stock has exceeded 9 million tons, of which a considerable part is in the past years, which means that the good cotton has been broken down, and the enterprise is facing the shortage of raw materials.
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< p > yesterday, the reporter registered on the official website of the Central Cotton store to find the announcement of the launch. It was discovered that the reserve cotton through the national cotton trading market reserve cotton auction sale system put the reserve cotton in the open auction mode. The reserve price for the sale of the reserve cotton was 19000 yuan / ton (standard grade), and the other grades of cotton were calculated according to the grade difference rate 3% and the length difference rate 1%.
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< p > announcement requires that the maximum number of bidders participating in the enterprise before March 31, 2013 should not exceed 2 months' cotton consumption, and the purchase of reserve cotton is restricted to their own use and shall not be sold.
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< p > "although the selling conditions are good, enterprises like ours will not participate."
Yesterday, a Hangzhou cotton textile enterprise responsible for purchasing people told reporters that the key is no money, to pay wages to workers before the year, no other funds to participate in the auction.
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< p > another person in charge of cotton spinning also told reporters about their embarrassment. At present, the pressure of domestic cost is too great, and enterprises are at a disadvantage in external competition, so it is very difficult to operate.
In addition to the end of the lunar calendar, expenditure is greater in all respects.
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< p > "China should have changed in the cotton circulation system.
The production and circulation of cotton should be marketization instead of regulation by import and export quotas.
The current situation has been somewhat distorted. Because of the pressure from the state after its purchase and storage, domestic cotton prices are not high enough for enterprises to buy, and international cotton prices are low, and no quota can be bought.
Xia Lingmin said.
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