Advantages And Disadvantages Of New Cotton National Standard

< p style= "TEXT-ALIGN: left > > the newly revised" a href= "http://cailiao.sjfzxm.com/Matertial/show/default.aspx > cotton < /a > national standard will be implemented in September 1, 2013. Relevant departments have formulated the cotton trade agreement and general provisions on cotton trade rules in China.

There are different opinions about the impact of the new GB and trade terms on the cotton market and price. According to the situation of processing cotton lint last year by a cotton enterprise in Hunan Province, the situation of cotton storage and storage in Hunan Province under the new GB is analyzed.

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< p > < strong > the adverse effect of the new national standard < /strong > < /p >

< p > first, the valuation system of the new national standard maintains the relative stability between the old and new standards in many respects, but the proportion of lint cotton to the storage standard in Hunan will decrease.

In terms of cotton in Hunan Province, the price of color grade is basically the same as that of grade.

Last year, the above cotton enterprises processed 4 grade lint 94.5%, 5 grade 5.5%, according to the standard grade lint 328 level storage price 20400 yuan / ton, 4 grade difference 3%, 5 grade difference 13%, the weighted average price was 19737 yuan / ton.

According to the color level, the 21 grades of cotton linen processed by the cotton processing enterprises accounted for 0.03%, 31 and 9.85%, 41, 20.88%, 12, 0.47%, 22, 54.91% and 32 respectively.

According to the standard level 31 level storage price of 20400 yuan / ton, according to the "zigzag processed fine cotton quality difference price list" (hereinafter referred to as the difference table, see Annex), the 21, 31, 41, 12, 22, 32, 23 grade difference price is 300, 0, -500, -100, -700, -1200, -1400 yuan / ton calculation, the weighted average price is 0 yuan / ton, compared with the original grade standard settlement price increase yuan yuan / ton.

For the storage, the original national standard below 5 can not be stored, the ratio is 5.5%, if the new national standard below 32 can not be stored, the proportion of 13.86%, Hunan does not meet the storage standard of cotton ratio (only refers to the level) will rise 8.36%.

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< p > Second, the new national standard requires the cotton length to be changed from the original length difference rate to the fixed grade difference, and the cotton price in Hunan will decrease accordingly.

Last year, the cotton linen length of cotton processing enterprises accounted for 1.41%, 29mm accounted for 51.3%, 28mm accounted for 46.42%, 27mm accounted for 0.87%, according to the storage price 20400 yuan / ton, the original grade standard length settlement is 1% millimeter length difference rate, the weighted average calculation, the length difference price is 112 yuan / ton, and according to the color level settlement price system, the fixed price difference of length 30mm, 29mm, 28mm, 27mm, 26mm is 200, 100, 0, -200, -500 yuan / ton respectively, the weighted average calculation, the length difference price is 52 yuan / ton, compared with the original grade settlement system, the length difference price of 52 yuan / ton reduced the yuan yuan / ton.

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< p > in addition, the quality of rolling mill is the index for calculating the difference of cotton quality. In the south, the air humidity is high and the moisture content of seed cotton is high. It is expected that some cotton with poor quality will be produced. At the same time, there are more woven bags in the cotton picking process in Hunan Province, and the amount of foreign fiber will also affect cotton prices.

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< p > < strong > < a > href= > http://sjfzxm.com/news/index_q.asp > cotton new national standard < /a > its favorable influence > /strong > /p >

< p > under the condition that the price of the standard grade lint is kept unchanged, the price of the lint storage and storage will generally be higher than that of last year, which mainly depends on the breaking strength and the micron level.

According to the difference table, the difference of grade S1, S2, S3, S4, and S5 grade of fracture strength is 200, 100, 0, -100, -300 yuan / ton respectively, and the Hunan cotton lint fracture strength is above S3 level, and the price will be raised at the time of closing price.

Taking the cotton lint made by cotton enterprises last year as an example, S1 accounted for 8.5%, S2 accounted for 51.7%, S3 accounted for 39.7%, S4 accounted for 0.1%, weighted average calculation, fracture strength increased by 69 yuan / ton.

In addition, the new national standard difference table stipulates that the difference of the micron value of A, B1, B2, C2 and C1 is 100, 0, 0, -100, -500 yuan / ton respectively. Last year, the cotton micron cotton grade linen was 57.4%, B1 grade 11%, B2 grade 25.9%, C2 grade 1.7%, and C1 grade 4%, weighted average calculated, 35 yuan / ton of micron value level.

What needs to be explained is that in the normal year of Hunan cotton micron value is mostly C2. Last year was a special case. Due to the excessive rainfall and less light during harvest, the maturity of cotton in the middle and late stages was not enough, resulting in a smaller number of micron values and more Grade A.

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< p > length uniformity index has little effect on cotton prices.

According to the new national standard difference table, the length is U1, U2, U3, U4, U5, the difference is 100, 50, 0, -200, -400 yuan / ton, last year cotton processing cotton lint length uniformity degree U2 accounted for 15.9%, U3 files accounted for 83.4%, U4 0.70%, weighted average calculation, length uniformity index added price 7 yuan / ton, the main reason is that in normal year, cotton length uniformity in Hunan province is mainly based on U3 files, no difference between the storage and storage.

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< p > in summary, the new GB price list has 7 grade test indicators, such as color level, length, rolling quality, micron value, fracture strength, length uniformity, and foreign fiber, excluding the last year's quality of the mill and the foreign fibers which were not examined separately. The cotton linen processed by the cotton mill last year was classified according to the grade test (at the standard level of 20400 yuan / ton), the weighted average price was 19849 yuan / ton (without considering the micron value), the weighted average price of the new national standard color level test was 19907 yuan / ton, and the color grade was higher than the grade settlement price by 58 yuan / ton.

But according to the author's understanding, the increase of this index is lower than the national average level. How to improve cotton quality and improve efficiency will be an important topic for Hunan cotton enterprises to study.

It is reported that China's reserve cotton management company will introduce rules for the storage and grading of cotton grades in 2013, and adjust some grades of < a href= "http://sjfzxm.com/news/index_s.asp > > cotton price < /a >, believing that the revised rules will be more conducive to the storage of cotton enterprises.

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