How To Treat Cotton Reserves: Is It A Burden Or A Stabilizer In The Market?
Many experts say in online, forums or lectures.
Reserve cotton
The annual cost per ton is 2000 yuan, but in fact it is not that much.
The annual cost of cotton reserves per ton is about 900 yuan, and the annual storage cost is about 1 billion 800 million.
However, we can not say that the reserve cotton is a burden, because cotton reserves are guaranteed when the reserve cotton is stored and stored, and tens of thousands of jobs are still provided, which ensures the survival of warehousing enterprises relying on the operation of reserve cotton, and all kinds of tax costs also promote economic development.
In the past, we often said that the task of reserve cotton is "two guarantees and one stability", that is, to protect the interests of cotton farmers, to ensure textile supply and stability.
cotton
Market.
Now many experts say that 11 million tons of cotton reserves are "dammed lakes" and others are called "Damour's sword hanging on their heads".
From now on, reserve cotton is the stabilizer of the market.
"Barrier lake" and "damoks sword" are more aimed at international and
Investment
For people.
It should be said that many people experienced the 2003 cotton price inflation and the 2004 crash, or experienced a sharp rise in 2010 and a 2011 plunge.
If there is no temporary purchasing and storage policy, stabilizing domestic cotton prices at that time is a lot.
Spin
Businesses are no longer there, let alone traders.
As long as there is the existence of high reserves of cotton stocks, the market will no longer start to surge, and there will be no ups and falls that businesses can not afford.
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