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    The New International Reform Of Cotton Is Coming Soon.

    2013/7/11 9:47:00 38

    CottonCotton Storage And StorageTextile Enterprises

    < p > 2013/2014 will continue to implement the temporary cotton purchase and storage policy. The latest a href= "http://www.91se91.com/news/index_f.asp" > cotton < /a > grading standard will also be implemented. It is expected that the newly revised GB will be introduced at the end of July and early August.

    Analysts pointed out that the new national standard will be integrated with the international standard of cotton grading, which is an important symbol of the domestic market for cotton trading.

    < /p >


    < p > < strong > International Standard < /strong > < /p >


    < p > to improve the national cotton quality assurance system and promote the integration of cotton grading standards with international standards, a new revised GB1103-2012 national standard will be implemented in September 1st.

    The new national standard will be released by the National Standards Committee at the end of July and early August.

    It is reported that the newly revised international standards involve 21 items of modification, compared with the original ones. The abolition of grades and the implementation of color level are the core contents of the standard.

    < /p >


    < p > in addition, in order to comply with the revision of the national standard of cotton, the plan for the implementation of 2013/2014 temporary cotton storage and purchase in September 1st is also facing amendments.

    The state has to redefine the standard level, storage area and standard level of a href= "http://www.91se91.com/news/index_s.asp" > cotton storage and storage < /a >.

    According to the policy of purchasing and storage, which was introduced in April, the cotton temporary reserve price in 2013/2014 is: the standard level is 328 (grade three, the length is 28mm) and the price of lint to the warehouse is 20400 yuan / ton.

    After implementation of the new standard, the specific standard level, the amount of cotton input and storage and the grade difference need to be reconfirmed.

    < /p >


    < p > the main index of cotton trade price at present is cotton grade, which is judged comprehensively by the color characteristics, maturity and quality of cotton mill.

    The idea of this standard to reform the grade indicators is to separate the grade indicators and replace the HVI grading, the micron value and the rolling quality of the cotton color.

    < /p >


    < p > according to the introduction, the new standard is divided into four types: white cotton, light spot cotton, light yellow cotton and yellow cotton according to the "color level physical standard", with a total of 13 color grades.

    < /p >


    < p > < strong > promoting enterprise technological improvement < /strong > < /p >


    < p > "the new cotton international reform is conducive to improving the efficiency of the cotton industry and promoting the upgrading of the cotton industry and technological progress."

    Lu Yang, director of China Fiber Inspection Bureau, said that the new standard broke the traditional trade rules, abolished grade indicators, introduced new color level indicators and other quality indicators, and the weight of traditional pricing indices changed. It is necessary to establish a new color index difference rate, and to improve the quality, length, length uniformity, breaking strength and micron value index of the mill.

    < /p >


    < p > Lu Yang further pointed out that the traditional cotton grading inspection tradition and inspection technology have a great impact on the implementation of the cotton color grading system. The degree of change in concept will directly affect the implementation of the grading system of cotton color.

    < /p >


    < p > with the gradation of the new standard, the traditional cotton trade settlement system that has been used in China for 40 years will enter the history.

    "This will have a direct impact on China's more than 5000 qualified cotton processing enterprises, more than 1000 circulation enterprises, more than 10000" a href= "http://www.91se91.com/news/index_c.asp" > textile enterprises < /a > cotton trade. "

    In the interview with the China Securities Journal reporter, the responsible person of China Textile confidence Center said that in the past, "according to the three conditions, the comprehensive grading", while the color level was "classification by color, with Ze grading."

    All cotton grading personnel in the industry need to relearn the inspection technology. Fiber inspection system, HVI testing equipment and inspection procedures should also be adjusted accordingly.

    < /p >

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    Cotton Futures Or "Hot Potato"

    As a star species in the domestic commodity futures market, cotton futures have become increasingly tasteless in the past month or so. The fundamental reason for the shrinking of cotton futures trading volume is that the policy of purchasing and storage has damaged the market ecosystem of cotton trade, which makes cotton market pactions face great difficulties. Cotton futures have become the hot potato of investors.

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