Hubei's Cotton Output Accounts For More Than 7% Of The Total Output Of The Country.

Nowadays, millions of mu of cotton in Jianghan Plain are growing vigorously, and they are blooming and peaches. Although there is still a period from picking, but this autumn cotton price is much higher than last year is up or down, has begun to affect millions of cotton farmers in our province heartbeat. Hubei's cotton output accounts for more than 7% of the total output of the country, ranking only fifth after Xinjiang, Shandong, Henan and Hebei.

What can be contrasted with this is that at present, there are only a few scattered spot trading markets in Hubei, and there is no formed Trading Center for agricultural products, and cotton producing provinces do not have the right to speak cotton prices. Compared with other agricultural and sideline industries, the price of cotton industry with a long supply chain is fluctuating. However, with the development of China's (Tianmen) cotton trading center, the cotton supply chain is changing.

Cotton prices jump up and down "monkey city", let cotton producing area injured

Two years ago, in the autumn, hundreds of thousands of cotton farmers in Jianghan Plain, this is a exciting and frightening harvest season. The price of cotton jumping up and down is dazzling and almost suffocating. 3.5 yuan, 4.5 yuan, 5.5 yuan, 6.5 yuan, 7 yuan, 6 yuan, 5 yuan, 4 yuan...... Up and up, down and down again!

2011 is the craziest and most thrilling year of cotton prices. Tianmen cotton grower named "diesel engine one step" wrote on micro-blog: due to the disaster of Xinjiang cotton and the large market gap, the cotton farmers in Tianmen have been contaminated. Starting from the 3.5 yuan of the purchase price, it has gone up all the way. "Cotton prices are changing every day, 10 days ago, up to 7 yuan, 2 days ago to 4 yuan 6, today is 5 9. There is not much cotton in my house, and there are about 1000 Jin, but every day is also a great fear. " "A few bales of cotton were left, and the day before yesterday was 2000 yuan, and today it is suddenly over 1000 yuan. What price will it be tomorrow?" he said that was the portrayal of anxiety at that time.

The average cotton output in Hubei over the past year accounted for more than 7% of the total output of the country, ranking fifth in the whole country. Moreover, as a major cotton producing and selling cotton Province in the central region, Hubei is China's "North Cotton South spinning" and "West cotton East spinning" industrial hub. Hubei has great influence on the cotton industry. However, the contrast is that at present, there are only a few scattered spot trading markets in Hubei, and there is no cotton trading center that can effectively link up with the domestic and even international markets.

"Lack of a national spot trading market to guide prices, cotton prices can only rise and fall with the market's speculators in and out of the market." The general manager of Xiantao Hua Yi cotton industry told reporters in silver that from 2010 to 2011, half of the small and medium-sized cotton ginning factories that had stored cotton were bankrupt, and many of the downstream mills were also stuck at high prices and made a lot of losses.

Invest 6 billion yuan, the largest spot market opens in autumn

Nowadays, the anxiety of cotton farmers and cotton enterprises on cotton prices fluctuating in Jianghan Plain is disappearing. In 9 and October this year, China's largest cotton trading market, China's (Tianmen) cotton trading center, will face cotton farmers' first acquisition of new cotton, and cotton prices will keep pace with the rest of the country at all times. As soon as the Yueyang Expressway entered Tianmen City, the reporters saw hundreds of meters of construction sites on both sides of the Tianxian highway, and the billboards of "China (Tianmen) cotton trading center" were everywhere. A newly built and magnificent building is very stylish. This is a trading building already in operation, next to more than 30 new warehouses that begin to store cotton.

The trading center is invested by Zhuo Er holding, a well-known private enterprise in Hubei. The total investment of the project is 6 billion yuan, which is divided into three stages of rolling development and construction. The project consists of 4 major functional areas, namely, trading center, storage area, light textile market and logistics distribution area. According to Yan Zhi, chairman of the board of directors of drow holdings, the trading center integrates cotton processing, warehousing, logistics, finance and information services. After completion, it will be China's largest cotton spot trading platform.

How did the spot cotton trading center operate? In July 12th, reporters rushed to Tianmen, and in the trading hall that had been put into use, the reporter saw that a giant screen was rolling every few seconds, updating the quotations from all parts of the world at any time. There were international supply cotton prices from the us and Japan, and the prices of Xinjiang cotton from Korla, Shihezi and Kashi, as well as the prices of cotton in Shandong, Rizhao and Hanchuan, Xiantao, Shayang and public security in Hanchuan.

No. 037 trader Yin Rong is busy with ERON Hubei. Spin Ltd. purchasing cotton. ERON textile chief manager Wang said that before purchasing cotton, China would have to run the market, compare the price, and buy it all. Nowadays, the company entrusts the trading center to buy on credit, and only needs 30% down payment, so that the buying and selling can be completed at the most reasonable price by the trading center.

Tianmen index Hubei seeks national cotton pricing power

Xiao Shiguo, general manager of the trading center, told reporters that in addition to the trading building, the first phase of the project has already built 33 warehouses for cotton storage. The warehouse area is 70 thousand square meters, and it can store 150 thousand tons of cotton, which is close to the 1/3 of cotton output in our province. Cotton farmers can buy and sell cotton merchants here and there. Up to now, there are more than 200 cotton merchants in more than 20 provinces and municipalities. "Actually, this trading center is not only a spot sale of cotton, but also a main function is to release the Tianmen cotton spot index and have the pricing power of Hubei in the domestic cotton trading market."

At present, the existing cotton price index of China is released by the China Cotton Association. How can the newly released Tianmen cotton spot index participate in the pricing of cotton in an authoritative way? "Price is determined by the relationship between supply and demand. If Tianmen cotton trading center wants to grasp the right to speak cotton prices, the amount of exchange must be large enough." Xiao Shiguo said, first of all, we must grasp adequate amount of cotton spot resources, and through the advanced warehouse management system, the trading center will attract the cotton merchants to store the cotton in the warehouse of the trading center, which is the most important first step towards the whole country. Under the condition of having a large number of warehouse receipts, the cotton traders will be guided through the trading center's professional, nationwide and efficient cotton spot electronic trading platform, which will generate at least 20% spot trading volume of the lint cotton annually, so as to make a sound voice in the pricing of cotton prices nationwide, and promote Hubei to become the national cotton price center.

Reporter notes big circulation leveraging big industries

In Tianmen, Zhuo, who invested in the construction of cotton trading center, enjoys a special atmosphere. The first national cotton trading market was built, and the local government gave strong support. In the planning and construction of the Long Jing railway freight branch line, even ready to introduce a small branch line from Tianmen new station, directly connected to the warehouse area of the cotton trading center, through the capillary like railway network, the cotton will be transported to all parts of the country.

The cotton trading center is also like a magnet. Although the trading center has just been put into operation, the Cotton Industrial Park, which is planned by Tianmen, is being formed within a few kilometers of the surrounding area. clothing The complete industrial chain of deep processing of by-products is taking shape. The seemingly thin cotton is a heavy industry in Tianmen. On this industrial chain, there are more than 50 local enterprises that rely on cotton to eat. In the future, the cotton trading will be the core. Through the release of Tianmen cotton spot index, the "China cotton price" will be realized, and it is expected to drive the investment of 30 billion yuan cotton industry.

Logistics and market are the basis for deciding whether a region can build a national cotton trading center. Despite the fact that Xinjiang is the largest cotton producing area in the country, there are many problems such as heavy traditional marketing mode and light modern management concept. Therefore, even if Xinjiang's cotton production accounts for 35% of the country's total, Xinjiang still has no chance to become the national cotton trading center. While Tianmen cotton accounts for only 1.25% of the country's total cotton production, it is confidently planning the largest cotton trading center in China. This is because drow brings the experience and advanced ideas of the accumulation of large circulation market.

From Hankou north international commodity wholesale market to China (Tianmen) cotton trading center, people can not help wondering what do they want to do? "All industrial layout centers on one point. We want to become a global trading platform, from simple selling shops to trading platforms dedicated to reducing logistics and transaction costs." It is said that in the future, a large number of trading centers will take place simultaneously. Wholesale and large circulation will inevitably bring about industrial scale effect and price discovery function.