Domestic Cotton Prices Remain High, "Flour" Is More Expensive Than "Bread" In The Textile Industry.

< p > from "a href=" http://www.91se91.com/news/index_c.asp "> textile industry < /a > news, the price difference between cotton and imported cotton per ton has been maintained between RMB 3000 yuan and 5000 yuan in recent days, reaching a maximum of 6000 yuan / ton.

The internal and external upside down and purchase and storage system of cotton prices, on the one hand, has greatly reduced the willingness of the textile enterprises to produce, and on the other hand made cotton futures a "hot potato" that can not be traded.

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< p > < strong > the difference between inside and outside is as high as six thousand yuan / ton < /strong > < /p >.

"P > and Quanzhou textile and garment industry exchanges, heard the most is the current high cotton prices, leading to the textile industry" flour "is too expensive" bread "phenomenon.

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< p > according to the latest news of China cotton information network, in July 9, 2013, China's cotton price index was 19277 yuan per ton.

Since the end of 2012, China's cotton price index has basically maintained between 19000 yuan and 20000 yuan per ton.

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At the same time, the quotation of China's main port of imported cotton has been downgraded in P.

Especially in the past week, along with the continuous increase in the sale of reserve cotton and the increase in the price of ICE (intercontinental paction fees), the domestic cotton mill's key purchase of cotton reserves, the cotton sales outside the port and the long-term sale of foreign cotton remain low.

According to the recent two day quotations, the average price of international cotton trade ports is between 15000 yuan and 16000 yuan per ton.

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< p > by contrast, the difference between domestic and international a href= "http://www.91se91.com/news/index_f.asp" > cotton price < /a > is still between 3000 yuan and 5000 yuan per ton.

Reporters learned that since the end of 2012, domestic and foreign cotton prices have been upside down to a maximum of 6000 yuan per ton.

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< p > Gao Yong, vice president of the China Textile Industry Federation, said that the domestic cotton price difference of about 6000 yuan / ton is an important factor affecting the operation of the textile industry.

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< p > < strong > the pressure of textile industry is hard to improve at all. < /strong > < /p >

< p > for this reason, Shi Zhengzhi, Secretary General of Quanzhou textile and garment trade association, believes that the three main factors that affect the operation and development of the textile industry are the low demand in the international market, the upside down of domestic and foreign cotton prices and the rising cost of labor. Among them, the impact of cotton price inversion at home and abroad is the most prominent.

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< p > a textile enterprise official told reporters that since last year, the state has bought cotton for the cotton farmers' interest at a price of 20400 yuan per ton, and the international cotton price continues to go down this year, causing domestic and foreign cotton prices to hang upside down seriously.

"The state has imposed a strict quota system on imported cotton.

Imported cotton yarn is cheaper than domestic cotton, which makes the enterprise overburdened.

The responsible person calculated the amount of money: assuming that the production of 1 tons of cotton yarn needs 1.2 tons of cotton, the cost of cotton is 22 thousand yuan, plus the cost of labor, energy and pportation, the total cost of spinning 1 tons of cotton yarn is no less than 28 thousand yuan, while the price of cotton yarn is determined by the international cotton price, which is about 26 thousand yuan / ton, which means that the textile company will lose 2000 yuan for producing 1 ton cotton yarn every time.

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< p > it is understood that the cost of raw materials of cotton accounts for more than 70% of the cost of cotton yarn, and domestic cotton prices remain high, which further compresses the profits of the textile industry.

Because of this, some cotton spinning enterprises are unwilling to engage in production activities, or even directly import cotton yarns, and then sell them to downstream textile fabrics or clothing enterprises.

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< p > "the government should further improve the policy of collecting and storing cotton, and solve the problem of double supply of cotton raw material supply through planning, excessive competition in textile industry and market, and effectively reduce burdens on cotton spinning enterprises."

Shi Zhengzhi said.

The industry expects that the problem of cotton price upside down in 2013 may still be serious, coupled with rising labor costs and other factors, the pressure on the textile industry is hard to fundamentally improve.

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< p > < strong > cotton futures or "hot potato" < /strong > /p >

< p >, as a star species in the domestic commodity futures market, cotton futures have become increasingly tasteless in the past month or so. The industry's holdings have dropped sharply, and the turnover has been sluggish.

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< p > Jintai futures analyst Wang Nan said that in addition to the reasons for the increase of cotton margin in Zhengzhou City, more importantly, the current cotton purchase and storage system destroyed the cotton trade ecology, resulting in the difficult price rise of cotton futures and the decline of market paction vitality.

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< p > industry sources told reporters that from 2010 to 2011, cotton is an absolute star of Zhengshang, and the average daily position has been kept between 300 thousand hands and 400 thousand hands. In May 10, 2011, the Zheng cotton 09 contract was the 3 million 200 thousand day hand of Japanese trading. But by July 9, 2013, the total turnover of cotton futures in Zhengzhou merchants was only 32398 hands, and the position was reduced to -8197.

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< p > it is understood that, because 90% of spot cotton resources enter the treasury system through storage and purchase, the cotton resources available for futures delivery on the market are very limited, and domestic cotton futures are seriously out of touch with cotton spot.

The fundamental reason for the shrinking of cotton futures trading volume is that the policy of purchasing and storage has damaged the market ecology of < a href= "http://www.91se91.com/news/index_cj.asp" > cotton trade < /a >, which makes cotton market pactions face great difficulties. Cotton futures have become the hot potato of investors.

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