Cotton Purchase And Sale And Textile Enterprises Should Reduce Or Control Cotton Stocks.

< p > from the state monopoly to purchase and collection to the state, the cotton is going to sea after entering the market. How can the traditional cotton industry of our province respond to the new market changes and grasp the great opportunity of the new and old policy alternation to achieve "Nirvana"? In August 11th, reporters from the Henan branch of the Agricultural Development Bank of China organized the relevant departments and 40 cotton and textile enterprises held the cotton textile industry analysis meeting to understand that in this industry shuffle, pformation and upgrading become the general trend.

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< p > < strong > < a > href= > http:// > www.91se91.com/news/index_c.asp > cotton price < /a > international standard > /strong > /p >

< p > data show that 3 years of cotton temporary purchasing and storage policy has made China control about half of the world's total cotton reserves and become the price leverage that affects the world's cotton market.

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< p > analysis will reveal that the state abolished the "a href=" http:// "www.91se91.com/news/index_c.asp" > cotton temporary storage < /a > and began to implement the cotton throwing and storing price of 17250 yuan / ton in April 1st.

At present, the spot price of grade three cotton has dropped to about 17000 yuan / ton.

Affected by this, the international cotton prices have also declined, for example, the US cotton price in the domestic market is 16500 yuan / ton, which is basically the same as domestic cotton price.

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< p > the responsible person of the Henan branch of the Agricultural Development Bank said that in August 31st, the national cotton throwing and storing work will end. The price of the new cotton market will continue to drop to around 15000 yuan / ton or even lower under the influence of the futures market. This is a great benefit to < a href= "http:// www.91se91.com/news/ index_c.asp" > cotton textile industry < /a > reducing costs, enhancing the competitiveness of textile enterprises and promoting the export of textiles.

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< p > order management wins < /p >.

< p > "because of the low quality and high price of domestic cotton, we began importing cotton raw materials from the United States, Australia and other countries in 2011."

Zhou Quantao, general manager of Wugang Yinhe Textile Co., Ltd.

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< p > in fact, cotton storage has made the quality of cotton gathered uneven. Many enterprises are facing the same problem as Galaxy textile in recent years, which has affected the expansion of cotton spinning enterprises.

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The elimination of the P storage policy will enable cotton to compete in the market on the basis of skills and will undoubtedly stimulate cotton quality.

Experts attending the meeting said that the digestion of state reserve stocks is the first step to realize the marketization of the cotton industry. Under the market condition, the cotton producers in our province should fully consider the requirements of the textile enterprises for the quality of cotton and enhance the awareness of quality and efficiency.

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< p > cotton prices are still in a decline channel. In the face of the impact of policy changes, the participating enterprises agreed that cotton processing enterprises should produce suitable marketable cotton according to the market and specific customer needs in the future. Cotton purchasing and selling enterprises and textile enterprises should reduce or control cotton stocks and prevent losses from falling prices.

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< p > "the most important thing is that the whole cotton industry chain should cooperate with each other sincerely, implement order management, sell orders, sell products and share risks."

An enterprise official said.

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< p > general trend of pformation < /p >

< p > experts say that although the dumping cost has reduced the raw material cost of textile enterprises, the purchase of textile products by downstream enterprises is also priced accordingly. And because of the weakening of China's imports, the weakening of foreign cotton prices will still impact the domestic market. Therefore, the cotton industry must win the future and fundamentally adjust its structure and upgrade its industry.

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< p > the responsible person of the provincial Cotton Textile Industry Cooperative Development Promotion Association said that the rigid demand of the textile products will not change. The cotton textile industry should first boost confidence and pay attention to its advantages in the process of pformation and upgrading, for example, by extending the upstream and downstream industrial chain, expanding the profit point; selecting expertise areas, and pursuing high value-added products and irreplaceable nature.

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< p > according to the introduction, at present, 60% to 70% of cotton spinning enterprises in our province have successfully pformed through innovation and technology reform, strengthening internal management and diversified operation, and promoted the development of the province's spinning scale from less than 2 million spindles in 2004 to the current 14 million spindles.

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