Dongfeng City Will Bloom With The Policy Of Dongfeng?

The near future, 2016 reserve cotton rotation Time and Cotton target price level in Xinjiang The news has been released one after another. Affected by this, Zhengzhou cotton futures and commodity cotton electronic matching have taken the lead in stabilizing and rebounding in the past week. The price of cotton yarn, such as port bonded C21S, C40S and other Pakistan, India and Vietnam, has also risen slightly. Domestic cotton processing enterprises and operators' spot quotes have not been closely followed by the rise of the electronic disk, but panic and uneasiness since mid February have been effectively alleviated. A large cotton enterprise said that although the main contract of Zheng cotton has risen 500 yuan / ton, the ICE cotton main contract has also stood 58 cents / pound to test the opportunity of 60 cents / pound, but cotton enterprises have been very cautious, worried that the current cotton price rebound is just an empty city, no one dare to raise the offer easily, waiting for the further indication of the vane electronic disk.

Some organizations do not agree that the idea of "bottoming out of cotton has ended and the timing of reversal is coming" has not changed. The author thinks that in 3 and April, the spring is changeable, and the wind direction is changeable. It is not surprising that there is a "late spring cold" or "advance into summer". Cotton enterprises need to reduce their stock to a relatively reasonable or small risk state. In the background of anticipation and reserve cotton production, although the loss is out of commission, it is not enough to leave the green hills, but it is not a false proposition that the outstanding structural contradictions in cotton production in 2015/16 are not a false proposition. Cotton textile enterprises do reflect the shortage of cotton resources in line with spinning 40S and above cotton yarn. But on the one hand, the price difference between high and low quality cotton may expand to 800 yuan / ton or even 1000 yuan / ton in the situation of the reserve cotton wheel, according to the current Cotlook A, the national cotton price index and the China cotton price index, the price of the rotation is about 11000-11200 yuan / ton (1% customs duty, 13% value-added tax), and the price of 2128B, 2129B (3128B, 3129B) grade cotton is not expected to be higher than 12500 yuan / ton. Consumption fell sharply in 2015/16. On the other hand, according to USDA data, the cotton planting area in 2016/17 will reach 9 million 400 thousand acres, an increase of 9.6% over the same period last year, and the proportion of US cotton signed export in 2015/16 will lag behind in the first few years. With the increase of 2016 cotton and Brazil cotton pre sale, the difficulty of US cotton exports will increase. As of March 10th, the US cotton net signed export volume of 1 million 595 thousand tons, only USDA forecast the annual export volume of 80%, 2013/14 and 2014/15 exports in the same period were 92%.

The state postponed the issuance of national cotton reserves to mid 4 and announced more than 20 days ahead of 2015. Xinjiang Cotton target price, hoping to stabilize the confidence of cotton processing enterprises and operators, speed up shipment and "unlock", of course, from the ICE cotton and foreign cotton spot quotation, it is estimated that the price difference between the base price and the current spot is not big, cotton does not have the power of deep fall, and for the cotton enterprises that have already retired, the worst result is only to lose some storage fees and financial costs. How many high-quality and high-grade cotton are there in about 10000000 tons of cotton reserves?