Interpretation Of Quotations And Repository Data From Round Out Resources

The first day (July 10th) came out of 30285.218 tons of resources. From the auction price, the lowest quoted price was 11580 yuan / ton (2011 cotton made in China), and the highest quoted price was 15240 yuan / ton (imported cotton in 2012).

2011 domestic cotton: the lowest price quoted is 11580 yuan / ton (bundle number 05680111401), the quality of the rolling mill is P3, the color grade is 14, the highest price is 13790 yuan / ton (bundle number 05000111160), the quality of the rolling mill is P2, and the color grade is 12.

2012 domestic cotton: the lowest price quoted is 12790 yuan / ton (bundle number 47500112513), the quality of the rolling mill is P3, the color level is (13,25%.23,66.7%.14,8.3%), the highest price is 14210 yuan / ton (the binding number 45380112140), the quality of the rolling mill is P2, and the color level is (21,66.7%.12,33.3%).

Imported cotton in 2012: the lowest quotation is 13980 yuan / ton (bundle number 31420012037), and American cotton.

The highest offer is 15240 yuan / ton (tying number 22660112202).

Mali cotton.

The distribution of warehouses does not involve warehouses in Xinjiang.

The largest volume of output was concentrated in the Jiangsu area (7974.4176 tons, accounting for 26.33% of total resources).

Details of resource storage:

2011 domestic cotton: concentrated in Hebei (2744.4741 tons), Henan (1249.7693 tons), Hubei (1059.57 tons), Shandong (3583.5876 tons), Shaanxi (401.405 tons).

2012 domestic cotton: concentrated in Henan (4558.2778 tons), Hubei (1122.8426 tons), Jiangsu (2127.8756 tons), Shandong (898.2828 tons), Shaanxi (997.4756 tons).

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The national cotton trading market and the China cotton reserve management corporation, in its announcement on organizing the sale of national cotton reserves, pointed out that the state reserve cotton will turn out part of the national cotton reserves through the open auction in July 10th through the national cotton trading market, and the rotation time will be from July 10, 2015 until August 31st.

Industry analysts believe that the selection of the national cotton reserves in the 7 and August rounds are mainly considering the late phase of the year, increasing supply and avoiding the listing of new cotton 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 are calculated according to the difference table of color level and length level released by China Cotton Association 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.