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    The Cotton Mill Has To Add Up The Shortage Of Zheng Cotton.

    2014/12/31 13:47:00 20

    Cotton MillZheng CottonMarket Quotation

    Domestic trend: 30, Zheng cotton 1505 contract slightly higher oscillation, opened at 13170 yuan / ton, closing at 13350 yuan / ton, compared with the previous trading day up 165 yuan / ton, turnover has not changed significantly, increased 5536 positions to 531606 hands.

    Outward trend: ICE cotton rose the biggest increase in December on the 29 day of the week, thanks to strong weekly export data from the US Department of agriculture.

    The most active Intercontinental Exchange (ICE) -3 cotton rose 0.38 cents, or 0.6%, at 62.01 cents a pound.

    Message side:

    1, as of the end of December, the three major cotton producing areas in Korla, Akesu and Kashi will be finished in the late December. On the one hand, the low temperature of the southern Xinjiang has reached 20 degrees below zero 65%-75% below zero, and the moisture regain of the cotton lint processing at night is generally over 8.5%.

    Turn on time

    Generally around 11 points, on the other hand, because of the low seed cotton prices this year, the phenomenon of cotton farmers' sale is very prominent, and seed cotton sale and acquisition period has been stretched. Until the end of December, there are still some Uighur cotton farmers who have a large number of flowers in the early stage and medium flowers for sale.

    2, according to

    U.S.A

    According to the Ministry of Commerce, imports of textiles and clothing in the United States amounted to 5 billion 700 million square meters in October 2014, including 2 billion 900 million square meters of textiles and clothing from China.

    In the 1-10 month of this year, the United States imported 58 billion 900 million square meters of textiles and clothing, an increase of 5% over the same period.

    clothing

    28 billion 400 million square meters, an increase of 6.5% over the same period last year.

    Spot side: cotton index 3128B price is 13607 yuan / ton, compared with the previous trading day fell 2 yuan / ton.

    Conclusion: the relevant policies of the NDRC support the cotton prices in recent months, but international cotton prices remain low, and low import costs are dragged down.

    Technically, Zheng cotton 1505 contract continued to rebound, but the amount can not be effectively enlarged, or restrict the further development of the market.

    On the operation, wait-and-see is appropriate.

    Related links:

    Domestic cotton temporary purchase and storage policy has been implemented for 3 years. During the implementation period, domestic cotton prices and foreign cotton have formed five thousand or six thousand or so of internal and external cotton price difference, coupled with insufficient domestic and foreign market demand, and the increase in labor and production costs of domestic enterprises, the competitiveness of domestic cotton textile enterprises has dropped significantly, and the pressure of survival is enormous.

    The cotton direct subsidy policy, which will soon be introduced, represents the most sincere voice of the cotton textile industry. Enterprises believe that only cotton direct subsidy policy can solve the cotton problem of domestic cotton textile enterprises.

    In the industry is looking forward to the cotton straighten rules as soon as possible, cotton textile industry another difficult problem - "high and low deduction" usher in "ice breaking", Anhui province cotton and cotton yarn into the agricultural products value-added tax approved deduction pilot range, become the country's first break the "high and low deduction" policy of the province.

    After the news came out, Hebei, Henan, Zhejiang, Hunan, Shandong, Shaanxi, Jiangxi and Jiangsu also started the reform of "high levy and low deduction". In a year, the reform took almost all the key provinces of cotton textile in China with a spark of fire, and brought a warm feeling to the cotton textile industry in the "severe winter", which provided a relatively relaxed development environment for the difficult cotton textile enterprises.

    At the same time that the good news of "high and low deduction" has been coming out continuously, the implementation plan of Xinjiang cotton target price reform pilot project has finally been published in the eagerly anticipation of the industry, launched Xinjiang cotton target price subsidy pilot, according to the target price differential subsidy, China's Cotton Subsidy policy has been changed from "covert subsidy" to "direct subsidy cotton farmers", marking the beginning of the marketization reform of China's cotton policy.

    Subsequently, the Cotton Subsidy Rules of the 9 provinces in the mainland are clear.

    Since then, the cotton new deal pattern, which is mainly supplemented by "Xinjiang and inland cotton farmers", has been formally formed as a supplement to the cotton processing qualification recognition system and the warehousing and public inspection system.

    After the news of the implementation of cotton direct subsidy policy came out, people in the industry predicted that domestic cotton prices would drop sharply.

    Foreign cotton prices also began to fall due to insufficient demand in China, and domestic and foreign cotton prices were in line with the price differentials.

    It is gratifying to note that since the implementation of the new cotton subsidy policy, the market price formation mechanism based on market supply and demand in China's cotton field has shown its effectiveness.

    Whether cotton farmers sell seed cotton, processing plants purchase seed cotton, or textile enterprises purchase lint, the more or only consideration is the market demand. In the process of forming the price mechanism, whether it is cotton enterprises, spinning enterprises or cotton farmers, all need to undergo a painful process.

    This is a stage that must be experienced in China's cotton policy reform. It is also a baptism that cotton textile enterprises must accept in the market reform of cotton.


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