In 2016, The Time Of Rotation Of Cotton Reserves Was Heated.
2016
Reserve cotton
The timing of the rotation has always been a problem of great concern to the outside world. Recently, at the fourth China Cotton elite forum hosted by the central cotton storage information center, the representatives of the participating governments and enterprises discussed the cotton reserves when they came out. The discussion focused on the first half of next year (June) or the second half of the year (7-8 months).
It is necessary to have some conditions for reserve cotton production.
According to past experience, the time is generally chosen in 7-8 months, even if the 2009 round is relatively early in late May.
Of course, in the country.
cotton
During the special period of temporary storage and purchase, the time of departure is relatively free, and it will be changed at any time according to market demand.
Taking 2014 as an example, cotton production time is scheduled for 7-8 or two months. At this time, new cotton is basically sold out to cotton farmers. For cotton enterprises, the new cotton sales are in the late stage, with a limited amount of lint and little impact on the whole market.
In addition, under the condition that cotton import tariff quotas remain unchanged and the difference between inside and outside cotton prices is further narrowed, cotton is also losing its luster.
According to the national cotton market monitoring system, as of December 18th, the total sale of 4 million 640 thousand tons of seed cotton and lint cotton (5 million 210 thousand tons in December 18th) was accumulated throughout the country, and 4 million tons of processed lint and 1 million 620 thousand tons of lint were accumulated. Among them, the sale of cotton in Xinjiang has been tied up, and 3 million 300 thousand tons of seed cotton and 3 million 300 thousand tons of lint cotton have been sold.
From the above data, the national cotton seed sale is basically over, and the basic interests of cotton farmers have been guaranteed.
Secondly, in the middle and late 9-12 months, the total sales of cotton in China reached about 1600000 tons. In the past 4 months, the sales volume of new cotton was about 400 thousand tons. If the rate is maintained to June, the sales of new cotton will reach more than 400 tons, and sales will reach 77% at that time.
Of course, for downstream textile enterprises, the earlier the feedback is, the better.
This year, due to weather conditions, Xinjiang cotton quality has dropped considerably, especially in terms of cotton length and horse value.
The structural imbalance of cotton has seriously affected the order of textile enterprises. The representative of textile enterprises at the fourth cotton elite forum said that because of the quality of cotton this year, it could not take orders from foreign high-end customers, leading to certain economic losses.
The time of storage cotton rotation is very important to the upstream and downstream industry chain of cotton, especially in balancing cotton production and consumption.
At present, the government has no timetable for the delivery of cotton reserves, and the relevant departments are demonstrating the specific issues of the rotation.
At least on this forum of cotton essence, the participants focused on the 6-8 month. Before that, it was not reliable that the time of reserve cotton rotation could advance to 3-4 months.
- Related reading
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When Will The Reserve Cotton Come Out, What Price Will Turn Out And Which Year Will The Cotton Become The Focus Of Attention?
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