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    In The First Half Of 2013, The Total Volume Of National Cotton Auction Was 4 Million 500 Thousand Tons.

    2013/3/6 13:40:00 22

    CottonNational Cotton And Cotton Auction Volume

    < p > < < a href= > http://www.91se91.com > National storage cotton < /a > namely national reserve cotton, as a strategic reserve material, is the real meaning of state property.

    At present, the national reserve cotton in the library is generally 1995 to 1996 cotton.

    Originally, the China Cotton General Corporation and some provincial companies are responsible for the storage.

    In the future, the task of hosting and storing the national cotton reserves will be held by the China reserve cotton management corporation.

    < /p >


    < p > the national development and Reform Commission's 2013 cotton market monthly report shows that in the first half of this year, the total volume of national cotton auction is tentatively set at 4 million 500 thousand tons.

    The confirmation of the total amount of the auction made the market anticipate and the price rebounded obviously at home and abroad.

    < /p >


    < p > < span style= > FONT-SIZE: 10.5pt > to ensure the supply of cotton and stabilize the market expectations, the national development and Reform Commission and other departments decided to sell the national reserve cotton from January 14th to the end of July, and the total amount of 6 million 70 thousand tons was collected this year.

    In January, the national cotton auction was actually 368 thousand tons, with an average paction price of 19148 yuan / ton.

    Due to the abundant quantity, the distribution of the distribution points is balanced, the textile enterprises rationally trade, and the cotton market runs smoothly.

    < /span > < /p >.


    < p > under the support of State purchasing and storage policy, the price of "a href=" http://www.91se91.com > domestic cotton < /a > spot market continues to show a stable rising pattern.

    In January, the average purchase price of seed cotton in the mainland was 4.2 yuan / Jin, up 0.04% yuan or 0.01 yuan compared with December last year.

    The average sale price of standard leather cotton in the mainland was 19275 yuan / ton, up 168 yuan / ton from last December, up 0.9%, and the average price of Xinjiang standard grade cotton sales was 19495 yuan / ton, up 81 yuan / ton from last month, and the increase was 0.4%.

    Zhengzhou cotton futures contract settlement price in March was 19966 yuan / ton, up 245 yuan / ton compared with December last year, or 1.2%; the average price of the electronic matching paction of the national cotton trading market in March was 19495 yuan / ton, up 15 yuan / ton compared with December December, or 0.1%.

    < /p >


    < p > at the same time, a href= "http://www.91se91.com/news/index_c.asp" > international cotton price < /a > also rebounded.

    According to a survey conducted by the National Cotton Association (NCC), the international cotton prices rebounded sharply in January.

    In the same month, the average price of New York cotton futures contract settlement in March was 78.13 cents / pound, up 3.17 cents / pound compared with December last year, or 4.2%, and the import price of China's main port in Hong Kong was 14041 yuan / ton, 1% yuan higher than that of December last year, up 273 yuan / ton, or 2%; sliding tax was calculated to be 14926 yuan / ton, up 211 yuan / ton from December last year, or 1.4% < /p >


    < p > < /p >.

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    Textile Enterprises, Cotton Purchasing Enthusiasm Low Cotton Enterprises Inventory Pressure

    Recently, affected by the large-scale storage and sale of state-owned cotton stores, the textile enterprises' enthusiasm for purchasing cotton has declined, and the number of companies buying and selling them has increased, especially in the spot market. The main objective of some large scale enterprises in recent years is to bid for national cotton stores and purchase cotton, which is not positive for spot purchases, resulting in a slight decline in spot price quotas.

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