When Cotton Is Sowing In Spring, It Will Make Double Profits Or Make Zheng Cotton Stumble.
< p > at the time of cotton sowing in spring, the output of cotton in the mainland has been decreasing, but the output of the whole country has been decreasing. However, considering the huge domestic cotton inventory and the limited demand for cotton, the domestic cotton market is hard to change in the long run.
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< p > < strong > first, the basic price of throwing and storing cotton is lowered, and the enthusiasm of auction is enhanced.
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< p > in November last year, this round of a href= "http://www.91se91.com/news/index_c.asp" > reserve cotton < /a > was launched, and the overall turnover ratio has been low.
As of March this year, the overall turnover rate of about 33%, spinning enterprises bidding enthusiasm is not high.
On the one hand, the prosperity of textile industry is not high, and the demand for cotton by textile enterprises is decreasing. On the other hand, the quality of cotton released is not high enough to meet the demand of textile cotton completely.
A more crucial factor behind these two points is that domestic cotton prices are much higher than foreign countries, which is also one of the reasons for the difficulty of China's textile enterprises.
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< p > March 28th, cotton < a href= "http://www.91se91.com/news/index_c.asp" > dumping reserve policy < /a > adjustment details announced.
The main contents include three points: first, the bid price of standard grade cotton is adjusted from 18000 yuan / ton to 17250 yuan / ton, two is to buy Xinjiang warehouse cotton according to the ratio of 3:1, and three is to cancel the quantity limitation of textile enterprises purchasing cotton reserves.
As a result, the actual cost of spinning and throwing cotton is only around 16600 yuan per ton.
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< p > the first day (April 1st) of policy adjustment was 79.95%, and the turnover price dropped by 300 yuan / ton.
The adjustment of the national reserve cotton policy is conducive to improving the enthusiasm of cotton enterprises in bidding and improving the proportion of the total turnover. This is also one of the original intentions of policy adjustment.
Of course, the price of domestic cotton spot market will also be under pressure.
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< p > < strong > secondly, < /strong > a href= "http://www.91se91.com/news/index_c.asp" > strong > storage and purchase policy < /strong > /a > strong > expiration stop, later or no longer.
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The temporary storage and storage of cotton in < p > 2013 expired in March 31st.
According to statistics, this round of storage and storage totaled 6 million 307 thousand and 370 tons, and the total turnover of Xinjiang was 4 million 38 thousand and 540 tons, and the total turnover of the mainland was 2 million 268 thousand and 830 tons.
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< p > and according to the latest estimation data of China Cotton Association, the output of cotton in China in 2013 was 7 million tons (the survey data of the national cotton market monitoring system was 6 million 678 thousand tons). From this point of view, most of the domestic cotton in 2013 was bought and sold by the state, and the flow to the market was extremely limited.
This round of cotton purchase and storage price is 20400 yuan / ton, higher than the spot market cotton price of 1000 yuan / ton, which is also the most important reason for cotton being stored and stored.
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< p > current domestic calls for the current cotton policy reform are getting higher and higher. Now it has been determined that the direct subsidy policy will gradually replace the purchasing and storage policy, and the cotton price will be marketization.
The adjustment of the cotton reserve policy will raise the enthusiasm of the cotton enterprises to auction and raise the proportion of the whole paction to a certain extent. The price of the domestic cotton spot market will also be under pressure or continue to go down.
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