Cotton Spot Market Falling Into Recession, Gauze Sales Sluggish
< p > after the start of the national dumping, as the textile enterprises have turned their attention to the cotton throwing and storing, thus forming a greater pressure on the "a href=" http://www.91se91.com/news/index_c.asp "cotton > /a" spot market, the paction basically stagnated and the price fell slightly. The mainstream market quotation of spot 3128B basically fell to 19100-19300 yuan / ton, and it is still in the state of no market price.
The sale of reserve cotton is in order. Due to the longer storage time and the quota of imported cotton, the attraction for textile enterprises is small. The amount of auction is mainly small and single.
Judging from turnover, it is still better than expected, which is mainly due to the rigid replenishment demand of textile enterprises.
At present, the quota of imported cotton in textile enterprises has basically been exhausted, and cotton in the spot market can not meet the production demand. Therefore, imported cotton is popular because of "good quality", "three silk less" and "basically no weight loss". Textile enterprises hope that the state will increase the proportion of imported cotton and Xinjiang cotton to sell, so as to solve their urgent need.
As the price of throwing and storage is still high, there is still a big gap between domestic and foreign cotton prices. Most textile enterprises hope that the state can lower the selling price of 500-1000 yuan / ton, further reduce the difference between inside and outside cotton prices, and enhance the international competitiveness of Chinese textiles.
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In the third Plenary Session of the 18th CPC Central Committee, the party put forward that the core issue of China's economic reform in the future is to deal well with the relationship between the government and the market and make the market play a decisive role in the allocation of resources. P
This policy fully shows that the government will substantially reduce the direct allocation of resources in the future. The current cotton purchase and storage system and the cotton quota system may face reform and improve the current market mechanism.
In recent days, the report on "Cotton Subsidy" policy has been heard for a long time. Although it has not been confirmed by the state authorities, its credibility is very high, because it is not only consistent with the new policy put forward by the party in the third Plenary Session of the 18th CPC Central Committee, but also reflects the aspirations of the vast textile enterprises.
It can be described as "the common aspiration of the people and the trend of the times".
At the beginning, the state began to implement the policy of collecting and storing for the sake of protecting the interests of cotton growers. But at the same time, the price of cotton was greatly increased, the competitiveness of textile enterprises was weakened, and the protection provided by cotton growers was limited, which made the policy of state purchasing and storage greatly reduced.
The purchase and storage price is 20400 yuan / ton, and the selling price is 18000 yuan / ton. The pressure on the national finance can be imagined.
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< p > gauze Market.
Pure cotton varieties: < a href= "http://www.91se91.com/news/index_f.asp" > National storage cotton < /a > after the sell-off, the spot market of cotton fell into a downward trend, dragging down the price of gauze, and the wait-and-see mentality of the downstream merchants continued to spread.
Polyester cotton varieties: in recent days, polyester staple market has improved, and it has certain support for polyester products.
However, because of the decline in cotton prices, the price of polyester cotton gauze is difficult to show.
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< p > according to the statistics of the General Administration of Customs of China, the total imports of cotton yarn in China in 2013 1-10 reached 1 million 750 thousand tons, an increase of 44.2% over the same period last year, of which 182 thousand and 500 tons of imported cotton yarn were imported in October, an increase of 44.3% over the same period last year.
The import cotton yarn has begun to stir up trouble recently, for the following reasons: first, there is no quota limitation for imported cotton yarn, and China's current reserve price of 18000 yuan / ton has not effectively alleviated the contradiction between the poor price of cotton and the inside and outside, and has brought about the demand for imported cotton yarn.
Two, since October, imported cotton yarn has dropped more than 1500 yuan / ton, and the price difference between domestic cotton yarn has been enlarged. Therefore, imported cotton yarn has an advantage in price.
Three, many of China's textile enterprises have already begun to use imported cotton yarn, especially printed yarn and Pakistan yarn in quality has made great progress, and its index stability is no less than domestic cotton yarn.
Four, China's Spring Festival is approaching, many cotton mills due to lack of orders, financial constraints to consider early leave, and their stock is also less.
Every year after the commencement of the festival, there will be a small peak for purchasing, so many traders will start ordering and hoarding imported cotton yarn.
To sum up, imports will be "a href=" http://www.91se91.com/news/index_cj.asp "cotton yarn price < /a > later stage will pick up the rally.
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