This Year'S First Round Of National Cotton Reserves Will End In March 31St.
< p > the first round of storage and sale of cotton reserves will end in March 31st.
The reporter learned from the China reserve cotton management company that as of 21 days, the 2013 state-owned storage cotton has accumulated 502 thousand and 600 tons in the warehouse, and the turnover ratio is about 35%. < a href= "http://www.91se91.com/" target= "_blank" > textile < /a > the enthusiasm of the enterprises to buy cotton is obviously insufficient.
Insiders predict that the policy of dumping or storage will be adjusted at the start of the next round of dumping.
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< p > < strong > lack of enthusiasm for purchasing cotton < /strong > < /p >
< p > analysts pointed out that up to now, the overall turnover of the current round of dumping and storage is relatively light, mainly because the demand for textile enterprises has not yet been released.
At the beginning of the year, it was the traditional off-season of the textile industry, and the demand for raw materials was not strong. After the Spring Festival, textile enterprises were in the recruitment stage, and the starting rate was still low; and the backlog of textile enterprises and the tight capital chain all contributed to the shortage of purchasing power for textile enterprises.
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< p > it is learnt that in order to meet the raw material demand of textile enterprises, the state launched a new round of reserve cotton throwing and storing work in January 14th this year. The price of grade 3 cotton is 19 thousand yuan / ton, and the output of cotton is mainly cotton in 2011 and before.
Cotton industry insiders predict that after the end of the 2012 year's temporary purchasing and storage policy, the possibility of lowering the price of dumping will be greater.
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< p > Gao Yong, vice president of China Textile Industry Federation, revealed that the price of throwing and storing 19 thousand yuan / ton of cotton is still higher. Although some textile enterprises are facing no shortage of raw materials, they still choose not to buy cotton.
According to the person in charge of a textile enterprise in Shaanxi, with the continuous rising of domestic cotton prices, since 2012 February, the enterprise has continuously increased the amount of chemical fiber. At present, cotton consumption accounts for only 20-30% of textile raw materials, and cotton is basically used as cotton blending. The sales of products are more smooth, mainly to Japan, Korea and Southeast Asian countries. The recent business situation has improved, and the production and sales rate has reached 130%.
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< p > in fact, textile enterprises have concerns about the outgoing sales of < a href= "http://www.91se91.com/news/index_s.asp" > reserve cotton < /a >. On the one hand, it needs millions of funds to buy a bundle of cotton, and some spinning enterprises have capital turnover or under pressure; on the other hand, the quality of reserve cotton is difficult to guarantee.
From the perspective of import quotas, cotton import quotas for 894 thousand tons and 1% tariffs have been issued, but some textile enterprises receiving import quotas are less than expected.
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< p > < strong > dumping and storage policy or adjustment < /strong > < /p >
< p > under the condition of increasing import cost, limited import quota and shortage of domestic cotton resources, cotton policy adjustment or cotton price trend is the key factor.
Insiders predict that the policy will be adjusted at the end of the current round.
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< p > at present, there are rumors in the market that the general trade sliding tariff quota for cotton imports will be linked to the number of purchases of national reserves, that is, the purchase of 3 tons of state cotton can get 1 tons of imported cotton quotas; throw some new cotton, new and old cotton will be matched in proportion to 3:7, and allow access to the circulation market.
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< p > it is understood that due to the limited storage capacity and the gradual decline of cotton grades, the current collection and storage schedule has slowed down significantly.
Analysts pointed out that as of February 1st, the total number of national storage and storage reached 6 million 150 thousand tons, and China became the largest concentration of cotton stocks in the world, and cotton in the domestic spot market was in short supply.
The industry suggested that while protecting the interests of a href= "http://www.91se91.com/news/index_c.asp" > cotton farmers < /a >, the state should also consider the survival of textile enterprises, but the state's policy of dumping and storing cotton is still hard to predict in advance.
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