Cotton Prices Decline Favorable Textile Enterprises

Xinjiang issued the implementation plan for the pilot project of cotton target price reform, and determined that the target price in 2014 was 19 thousand and 800 yuan per cotton per lint. If the price is lower than that, the government will subsidize cotton growers in two parts according to the difference between the target price and the market price, of which 60% is subsidized by area and 40% is subsidized according to the sales volume.

At the end of September, relevant departments of the leading group office of Xinjiang cotton target price reform pilot issued a letter to the vast majority of cotton farmers to reiterate the reform policy.

"How much can we make up for it?" Zhang Chunyou said.

　　 Ma Wen Feng According to the subsidy policy, 40% of them are subsidized according to the sales volume. Because many farmers' cotton is sold directly to dealers, this may eventually lead to subsidies. Cotton Subsidy To dealers, not farmers. Therefore, he appealed to all subsidies according to the planting area, so that all subsidies could go into the pockets of farmers.

Analyst Sun Liwu said that in late 10, with the following Xinjiang Cotton concentrates on the market, and domestic cotton prices are expected to continue downward. The downward trend of cotton prices will significantly reduce the cost of downstream textile industry, especially the local textile enterprises in Xinjiang. They also enjoy multiple preferential measures such as tariff reduction and subsidies for textile sales.

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Changyi: cotton price stalemate in Yin and down, import cotton quotations also sinks. The whole cotton yarn market has been partially adjusted, there are no hot selling varieties, the price of imported yarn has been maintained, most of the manufacturers have promoted the shipment, and cotton yarn merchants have been disappearing for a long time.

The total sales of domestic cotton fabrics are higher than that of the previous ones. The two series of 21S and 32S are concentrated, and 40S has some scattered orders. Polyester staple fiber quotation is lower, polyester cotton yarn, pure polyester yarn sporadic trading. Viscose staple fiber quotation maintained, human cotton yarn trading sparse, active printing series domestic sales.

Qian Qing: the overall atmosphere of the holiday is rather light. Today Shaoxing cotton yarn is lighter and weaker. The mainstream price of 32S combs is 23200 yuan / ton. Shipments of cotton yarn are plain and ordinary, and prices are stable. The mainstream price of 30S weaving is 15900 yuan / ton, and the mainstream price of 30S knitting is 16300 yuan / ton. Pure polyester yarn because of raw material decline, wait-and-see thick, weak price, 32S mainstream price of 13150 yuan / ton.