The National Reserve Cotton Throwing And Storing Problem Finally Settled.

The national cotton trading market and China reserve cotton Management Corporation, in its "bulletin on organizing the export of national reserve cotton", pointed out that the national reserve cotton will pass through the whole country in July 10th

The market will turn out part of the national cotton reserves in the open market, and the rotation will take place from July 10, 2015 to August 31st.

Industry insiders believe that this time

In the 7 and August rounds, the main reason is to consider the late years of the year and increase the supply, while avoiding the new cotton market in September.

However, judging from the national reserve cotton coming out of this round, the price does not have an advantage. At the same time, textile enterprises also have concerns about the weight and quality of national cotton reserves.

The same below) is 13200 yuan / ton; 2012 domestic cotton 470 thousand tons, the bid price is 14200 yuan / ton; 2012 cotton imports 200 thousand tons, the bid price is 15500 yuan / ton.

Other types and levels according to

The price difference table, such as color level and length class, was announced in July 2015 to determine the bid price.

The notice said that the Notary Inspection of the cotton reserve was carried out in accordance with the national standard of "first parts of cotton GB1103.1-2012: sawtooth processing fine staple cotton", and the quality and weight of the batches of the batches of cotton should be determined by the inspection results issued by the fiber inspection department.

The items of notarization inspection of cotton reserves include: the quality of domestic cotton inspection mill, color grade, quality of imported cotton inspection mill, color grade, length, micron value, and other quality indicators shall be based on the notarization of warehouses or the results of Chinese commodity inspection.

Domestic cotton is sold in accordance with the official weight of notarization inspection, and imported cotton is sold according to the net weight inspection results issued by China Commodity Inspection.

The national development and Reform Commission said in June 30th that the state reserve cotton rotation will be based on the principle of promoting sustainable and healthy development of the industry, guiding the smooth operation of the market, reducing the financial burden and improving the cotton reserve control mechanism. It should take the form of "asymmetric rotation, first round and backward entry, and multiple rounds of production and fewer rounds" to orderly digest the state reserve cotton stocks and gradually reduce the reserve scale to a reasonable level.

The number of rounds is temporarily suspended by 1 million tons, and sales will cease after the new year begins in September.