Domestic Cotton Quotations Have Slowed Down Their Differences And Increased Their Differences

Since the first ten days of January, domestic cotton quotations have slowed down. First, the high cost of lint cotton has led to the upside down of most cotton ginning plants, and the losses have been expanding. Two, most cotton ginning plants sell cotton seeds and lint in a concentrated manner in December, and return the bank loans in full scale, causing the cotton price to continue to oscillate downward. After January, the pressure of loan repayment is reduced, and the mentality of cotton enterprises is stabilized. Three, the amount of cotton warehouse receipts generated by Zheng cotton is not enough (nearly 80% of them are North China machine picked cotton).

11, 12 January, Shandong, Hebei, Jiangsu, Henan and other places 2128 (2129), 3128 (3129) grade cotton pickup warehouse delivery price were 14500-14600 yuan / ton, 14200-14300 yuan / ton, part of Bachu, Korla and other places where the pressure of funds is greater or the latter is not optimistic about the ginning factory, cotton merchants 3128 grade cotton lint gross price quotations lower than 14000 yuan / ton, and Akesu, Korla and other regulatory platform platform 2128.

Gross weight quote 13600-13800 yuan / ton, except part.

Domestic cotton enterprises have low volume of enquiries and goods.

According to some warehouses in Henan, Shandong, Jiangsu and other places, the number of New Territories cotton pported to the inland bank in the past two months has increased significantly, and sales pressure has increased rapidly.

In some areas where cotton is more expensive, the price of 2129 grade lint is also reduced from 15200 yuan / ton to 14800 yuan / ton to 14300-14500 yuan / ton.

At present, the market has divergent divergence in the price of cotton in 2015. Some ginning plants believe that the import quotas have tightened, resulting in a great drop in the import of cotton, cotton and India cotton into the Chinese market. The number of real cotton in Hebei and Shandong is relatively limited, and the substitution of Xinjiang cotton decreases with the decline in quality. The national cotton grade, strength and other indicators can not meet the needs of textile mills. If the cotton planting area decreased in 3 and April, the price of Xinjiang cotton will rebound strongly, and the price of the new cotton will rebound strongly, and the price of 15800-16200 yuan / ton will be close to the price of the United States and cotton, so that the ginning factory will be successfully unlocked.

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Reporters learned from the Municipal Bureau of commerce that after a year and a half, Turkey's anti-dumping case against China's Dacron wire was recently ruled. The 6 anti-dumping enterprises in Tung Kun group, Zhongchi chemical fibre and other cities in our city were expropriated and the anti-dumping duty rate dropped to 10% from 38.47% of the initial ruling.

The results of this case are the few victories China's chemical fiber companies have made in recent years to deal with the international trade frictions launched by emerging economies.

Tongxiang chemical fiber is affected by this good news. Recently, the volume of exports to Turkey increased by 37% over the same period last year.

In April 26, 2013, the Ministry of economic affairs of Turkey issued a notice, which decided to initiate anti-dumping investigations on polyester synthetic filament yarn from China, India and Malaysia. The investigation period is from January 1, 2012 to December 31, 2012.

In July 23rd of that year, the Ministry of economic affairs of Turkey decided to investigate the anti-dumping investigation of polyester synthetic filament yarn in China by sampling procedure.

Tong Kun group, Tongxiang Zhongchi Chemical Fiber Co., Ltd., Jiangsu Hengli Chemical Fiber Co., Ltd. and Fujian BHG polymerization Fiber Industry Co., Ltd. are designated as sampling enterprises in our city.

In July 3rd last year, the Ministry of economic affairs of Turkey disclosed that before the final ruling, China's respondent enterprises were subject to a high anti-dumping duty rate of 30.1% to 38.4%, while Malaysia and India enterprises were subject to 8.8% to 17.3% anti-dumping duties.

Not long ago, after a hard lawsuit, China's respondent enterprises eventually obtained a tax rate of US $0.15 / kg (equivalent to 10%), which is the same as that of enterprises in Malaysia and India.

Prior to that, because Turkey did not recognize China's market economy status, the average tax rate of Chinese enterprises was generally 2 to 3 times higher than that of countries such as Malaysia and India, which were recognized as having market economy status.

"As the largest base for production and export of polyester fiber in China, the chemical fiber industry plays a decisive role in our city."

The responsible person of the Fair Trade Department of the Municipal Bureau of Commerce said that the proportion of polyester silk exports accounted for 12% of the total exports of the city, and Turkey was the main export market.

In the anti-dumping investigation launched by Turkey, there are as many as 6 enterprises in the city, with an amount of up to US $21 million 30 thousand, accounting for 20% and 40% of the total involving the whole country and the whole province.

Once the defeat, it means that Tongxiang chemical fiber will be gradually squeezed out of the Turkey market.

After hard struggle, the case has achieved satisfactory results and has far-reaching impact on the city's chemical fiber industry.

"In the process of anti-dumping litigation, although foreign governments have the tendency to abuse anti-dumping measures to safeguard the interests of their own enterprises, our enterprises, governments and trade associations will be able to achieve satisfactory results if they can skillfully use the knowledge of anti-dumping complaints and deal with them in an anti-dumping investigation."

Combined with the pleading defense, the responsible person put forward several suggestions: first, in dealing with anti-dumping investigations, government departments should do something to guide enterprises to respond positively, and secondly, give full play to the coordinating role of trade associations. Thirdly, enterprises involved must join together to take up their duties. This will not only greatly reduce the cost of litigation, but also give full play to their overall strength.