Cancel The Temporary Storage "Iron Rice Bowl" Cotton Enterprises Will Face Financing Difficulties.

< p > > the world's < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > a target= "_blank" href= "_blank".

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< p > 2014, with the end of the national cotton temporary purchase and storage policy, China's cotton prices have entered the downstream channel and are gradually in line with international standards. Cotton processing enterprises will sell cotton at market prices.

This will help our a target= "_blank" href= "http://www.91se91.com/" > textile < /a > reduce the cost of raw materials and help the textile industry out of the predicament, but for the cotton processing enterprises, because of the cancellation of the national cotton temporary storage "iron rice bowl" policy, enterprises will face the problems of market and financing again.

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< p > because in the past few years, the state has bought and sold the reserve, and the market risk of the enterprise is relatively small. Commercial banks, especially small joint-stock banks, are actively lending to the cotton enterprises. Although the interest rate is high, the financing is relatively easy.

In addition to the leading issue of the Agricultural Development Bank, there are loans from 2~3 joint stock banks with different amounts.

But with the end of the national cotton temporary purchase and storage policy, cotton processing enterprises no longer enjoy the guarantee of the state's "iron rice bowl" and increase the market risk of the enterprises. There is a great uncertainty about the willingness of the joint venture banks to be cautious in managing risks.

The owner of a cotton processing enterprise said that there was no joint stock bank to connect to the enterprise at that time.

In addition, because of the increased market risk this year, the demand for repayment of second loans will be much stricter than that of previous years. And the cotton acquisition companies have smaller assets, weaker external guarantee capabilities, and no guarantee for other enterprises themselves. Therefore, it is difficult to find a firm with strong guarantee capability to guarantee themselves.

The implementation of the guarantee will become a major obstacle to the financing of cotton purchasing enterprises this year.

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Besides P, 3 years of national temporary purchasing and storage policy has led many cotton processing enterprises to adapt to the objective income and convenience brought by the storage and storage, so that the cotton purchasing enterprises concentrate on the storage and storage, and give up the maintenance of the downstream customer relationship.

And now suddenly push them to the market, fully market-oriented operation, cotton enterprises are facing the primary problem is the sale of lint.

The original textile customers have no supply relationship for 3 years, and cotton textile enterprises have mostly adjusted their product positioning because of adapting to the market demand.

I do not know what kind of lint can be used to meet the needs of textile enterprises. Therefore, cotton enterprises should adapt themselves to the new market demand and rebuild their sales channels so as to ensure that the lint sales are processed and effective.

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< p > when the state stores and stores, the target price has been determined. Cotton processing enterprises only push down the price of seed cotton according to the state's cotton purchase and storage price, and purchase a certain profit space according to the price previously issued, so that the quality of acquisition and processing can be well controlled.

On the one hand, the price of lint cotton is determined by the market, and the price of seed cotton is difficult to be determined without the target price of the national storage and the price guidance of the downstream customers.

Cotton farmers have adapted to the price of the national storage and purchase. If the seed cotton price is low, the cotton farmers will not sell it, the seed cotton price is high, and the lint sale will not go out and face losses, so the market risk will increase.

On the other hand, in recent years, in order to meet the standards of storage and storage and meet the new grade inspection standards, 400 types of processing enterprises that have the qualification of storage have updated and added some new equipment. With the increase of production capacity and quality, the cost of lint processing has also increased.

After the abolition of storage and storage, the cotton orientation of cotton textile enterprises is likely to change. Factors such as a href= "http://www.91se91.com/news/index_s.asp" > price < /a > will occupy the main component, while the 200 type processing enterprises without the qualification of storage will take part in some market because of low processing cost, and the market competition will further intensify.

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