The Situation Of Cotton Storage And Trade In Hunan Province Under The New National Standard Is Analyzed.
< p > the newly revised cotton national standard will be implemented in September 1, 2013. The relevant departments have formulated the cotton sales contract 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 > the adverse effect of the new national standard < /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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