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    How Should Enterprises Choose Cotton Reserves?

    2015/7/7 10:17:00 39

    Reserve CottonXinjiangCottonImport

    In 2014, the policy of reserve cotton rotation was basically clear. The warehouses had been bundled up, and all the inspection departments had entered the warehouse to start rechecking, and the auction business was about to start. Facing the 1 million tons coming soon Reserve cotton How should enterprises choose?

       Variety structure and washability

    In 2012, the import reserve cotton was 200 thousand tons, the bid price was 15500 yuan / ton, and the net weight settlement was almost all high grade cotton. Although the bid price and the market price are the same, all indicators are good. It is estimated that the spot quality is better than most ports. In view of the fact that the quota has not been very limited, it is not easy to buy the US cotton spot from the port in the next six months. It is worth buying for the cotton mill which is required to be selected, or even taking more spare parts.

    2012 domestic cotton auction bid price of 14200 yuan / ton, public settlement, 2012 National Reserve Xinjiang Cotton price is higher than the current market price, but lower than the price of hand picked cotton. If there are good indicators of the whole bundle of cotton picking, maybe there will be sporadic turnover. In 2012, the quality of the national reserve cotton is mixed, and the price is not competitive. It belongs to the "ornamental variety".

    In 2011, the bid price of domestic cotton is 13200 yuan / ton, and the price of the auction is roughly equal to the market price. For the 2011 batches of cotton picking or rechecking and grading in Xinjiang in the year of 2011, it was competitive in price and estimated to be partially traded. In 2011, the quality of real estate cotton was excellent, and the real estate cotton spot in the the Yellow River River Basin was not much.

    According to the above analysis, import cotton reserves in 2012 and domestic cotton in 2011 will become the main force in the current round. The following analysis is based on these two varieties.

       Two, location and cost

    In 2012, imported cotton reserves were distributed in provinces such as Jiangsu, Hebei, Zhejiang, Tianjin, Shandong and so on, which were more dispersed, which helped to pick up goods nearby and the transportation cost was limited. However, Henan does not need to import reserve cotton for storage. It needs to be transferred from Jiangsu or Hebei. At the same time, Shandong province is the largest consumer area. The number of storage in the 5 provinces is the least, less than 20 thousand tons, and it needs to be transferred from Hebei or Jiangsu, so that the transportation cost can be increased to 200 yuan / ton.

    In 2011, Xinjiang cotton was mainly concentrated in the Gansu area, and Henan and Shandong had a small number of deposits. The Gansu area was far away from the sales area and the concentration was concentrated. The transportation cost was much higher than that of the Xinjiang cotton spot at the gate, and the control of the delivery process was low. In 2011, real estate cotton mainly concentrated in warehouses in Hebei and Shandong. The main consumption area is normal, and most of the transportation cost can be controlled within 100 yuan. Among them, the inventory in Shandong is concentrated in the northwest of Shandong Province. It is estimated that it will digest locally. The largest inventory in Hebei is concentrated in the south of Hebei. It may mainly flow to Henan and Shandong, and a small amount flows to the southern region.

       Three. Quality and premium

    Quality improvement and discount in China cotton The quality difference price list of the association is: white cotton two level premium 400 yuan / ton, light point cotton grade 1 discount 200 yuan / ton, light point cotton grade two discount 500 yuan / ton, light yellow cotton dyeing first class discount 700 yuan / ton, length 29mm water 250 yuan / ton, 27mm discount 300 yuan / ton.

    By asking individual warehouses and inspecting staff, if the sample is not comprehensive and may be different from the actual situation, the following perceptual knowledge is available for reference only.

    In the 2012 year, the imported cotton reserves were mainly based on the original grade SM1-1/8, and the variation was smaller. The re examination might be 31 colors, so the starting price was probably 15500 yuan / ton.

    In 2011, Xinjiang cotton had a few bundles, but most of them were for the first time, but most of them were hung up for auction. Due to the dryness of the environment and the small variation of color, the Gansu area will probably be dominated by 31 and 12, and the discount will be very small. The mainland area will be mainly 12, with some 13 and 22, so the color discount will be around 300 yuan / ton, so the actual starting price is near 12900 yuan / ton.

    Most of the real estate cotton in 2011 is produced in Shandong and Hebei. The quality is good, the horse is normal, the color is yellow, and the strength is slightly lower. The re examination result may be 13, so the actual starting price is near 12500 yuan / ton.

       Four, time and money

    Starting in mid July, reserve cotton will occupy part of the market in the next 2 months. Imported Cotton has the meaning of being stocked, and the new cotton is the best strategy for real estate cotton. But the rotation also made hundreds of thousands of tons of cotton in this year bound to digest next year.

    In order to meet the personalized demand of reserve cotton bidders, shorten the time of delivery and reduce the cost of enterprise funds and travel, the China Cotton Storage Information Center has launched the electronic verification service of reserve cotton warehouse. The company will collect the goods from the warehouse on the basis of the reserve cotton output certificate and other related documents.

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