COFCO Futures Cotton Summit Held In Zhengzhou In 2013

< p align= "center" > img border= "0" alt= "" align= "center" src= "/uploadimages/201303/25/2013032517093025701_conew1.jpg" / "div /uploadimages/201303/25/2013032517093025701_conew1.jpg" < < > > < < > > > < < > > < < > > < < > > > < < > > > < < > > > < < > > > < < > > > < > > < < > > > < < > > > < < > > > < > > > < > > < < > > > < > > > < > > > < > > > < > > < > > > < > > < > > > < > > < > > > < > > < > > > < > > > < > > < > > > < > > < > > < > > > < > > > < > > < > > > < > > < > > < > > > < > > > < > > < > > > < > > < > > < > > > < > > < > > > < > > < > > < > > > < > > > < > > > < > > > < > > > < > > > < < > > > < < > > > < > > < > > > < > > > < > > > < > > > < > > > < > > > < > > > < > > > < > > > < > > > < > > > < > > > < > > > > He pointed out that the actual turnover of cotton temporary storage and storage in 2012 was about 6 million 300 thousand tons, about 800 thousand tons of cotton that flows to the market, that is, almost all of the cotton that meets the requirements of storage and storage was handed over to the State Reserve. At the same time, it was pointed out that the new year's planting intentions survey showed 76 million 244 thousand mu, and the output was above 7 million tons. Up to now, the cotton seed in Xinjiang cotton growing province was out of stock, and the weather water supply was in good condition. If the weather condition in the late period is still good, it is expected that 2013 will still be a bumper harvest year. Dr. Ji Guang Po, a Senior Marketing Commissioner of the Zhengzhou Mercantile Exchange, explained the new thinking of cotton futures. It pointed out that the proposal to allow us cotton to carry out alternative deliveries and set up a delivery Library in Xinjiang will be carried out in a further study. The cotton yarn inspection is also in progress simultaneously, which will greatly enhance the activity of Zheng cotton futures. At the same time, after the new national standard is put forward, the national cotton quality grade will be unified, which will have greater pressure on the cotton in the mainland. < /p > < p > < br > > < /p > < p align= "center > < img border=" 0 "alt=". < /p > < p > < br > > < /p > < p > align= > center > img border=, "0" alt= "" align= "," border= "," "" "" / ">" P "," < "> < < > > < > > > > > > > > > > > Louis, the cotton trade department of the trade limited liability company of the Da Fu (Beijing) Co., Ltd. has analysed the situation of cotton at home and abroad. The analysis shows that with the increase of cotton cost and labor cost, the cost of cotton planting in China has been higher than that in the United States, which will have a very negative impact on China's textile industry. In the coming period, China will import more yarn and grey cloth costs, and at the same time, the demand for cotton substitutes will be further improved. < /p > < p > < br > > < /p > > P align= "center" > img border= "0" alt= "" align= "" alt= "" "" "/" > "P" ">" < < > > < > > < > > < > > < > > < > > < > > < > > < > > < > > > Hebei > Shengyuan Textile Co., Ltd., President of the textile industry, analyzing the current situation of the textile industry and looking forward to the future trend. Mr. Wang Yuhui believes that the current situation of the textile industry is very grim, and the continuous increase in the cost of textile has made international procurement move abroad. The textile industry in China's surrounding countries and regions is developing at an alarming rate, so as to cope with the current difficulties. China's textile enterprises should improve their equipment and professional management level, and at the same time, improve their innovative ability and create brand names. < /p > < p > < br > > < /p > < p > align= > center > img border=, "0" alt= "" align= "" alt= "" "" "" "" "" "" > ">" > < < > > < > > < > > < > > < > > < > > > > < > > < > > < > > > < > > > < > > > > > Mr. Zhong Sheng, general manager of Zhongde grain (Beijing) Co., Ltd. In 2012, it was an unusually hard year for cotton enterprises. Downstream sales were stagnant and capital was slow to return. The capital occupied was large and the turnover was poor. In order to solve the financial problems of cotton enterprises, Mr. Zhong Sheng proposed the business of warehouse financing of Prof Tak Fung, which resolved the financial difficulties of enterprises. In the afternoon, the "0" alt= "align=", "align=", "" "" "/" "" "" "" > ">" > < < > > > ">" > ">", "afternoon", "afternoon", "afternoon", "afternoon" and "afternoon". In the afternoon, the salon situation will be launched. In view of the current hot topics of cotton, such as whether the cotton purchase and storage policy and price will be adjusted in the new year, whether the cotton reserve policy will be adjusted after the end of the purchase and storage, and whether the US cotton will allow delivery in the Zhengzhou cotton futures market, and discuss how the performance of Zhengzheng cotton market will be implemented in different policies, we will help the "cotton" enterprises to adjust their business mode in time to cope with the change of Zheng cotton market. < /p > < p > < br > > < /p > < p align= center > img border= < /p > > P > the Zhengzhou commodity exchange said that the proposal to allow us cotton to replace delivery and to set up a transit delivery repository in Xinjiang is still under study. Once approved, the effect of the cotton market on the future can not be ignored. At the end of March, the temporary purchase and storage of cotton in 2012 ended. According to the policy of the participants on the cotton futures market, the possibility of maintaining the new year's storage and storage policy remained unchanged. After the current harvest and storage were stopped in March 29th, it was possible for the state to sell some new cotton stocks in order to meet the needs of downstream textile enterprises. The price and quantity of their throw in storage may be announced in the near future, with special attention to its influence on the future cotton trend. < /p > < p >.
< /p > < p > the meeting came to a close in a warm atmosphere. Guests attending the meeting said that the meeting was held in a timely manner, and discussions on cotton hotspots helped cotton companies analyze the current situation and sort out ideas for the future market of the cotton market. < /p > < p > br / >
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