The Price And Quantity Of The National Cotton Mill Have Not Been Determined Yet.

Recently, there has been new news that the textile market is always in a state of fear.

Yin Jian, deputy director of the State Economic and Trade Commission of the national development and Reform Commission, said at the 2016 annual CNCE cotton development conference that the launch of the national cotton store will start in mid 4 and will normalize the rotation.

According to Yin Jian, there will be some restrictions on the total output of the national cotton reserves, which will appropriately control the daily listing amount, and at the same time, increase the quality of cotton as far as possible, such as giving priority to arranging imported cotton wheels.

Yin Jian did not mention the price and quantity of the national cotton store.

In July 10, 2015, the State Cotton store sold some cotton reserves in the open market through the national cotton trading market. The rotation time was from July 10, 2015 to August 31st.

The number of rounds is 1 million tons.

However, as of 2015 August 31st, the total number of state-owned cotton stores has reached 63411.7413 tons, with a turnover rate of only 3.42%.

"The normalization of dumping and storage is what we are looking forward to."

Wang Gong, general manager of Anhui Huamao textile Limited by Share Ltd, said that on the one hand, for the national cotton store, the hope is to sell and store.

It can enable textile enterprises to clarify the relevant details of the cotton wheel, and on the one hand, it is very concerned about the cotton inspection of cotton stored in the state.

"As

Speaking, we hope to add a public inspection on the round out procedure, which is very complicated and difficult.

Wang Gong said.

Wang Wanxiang, President of China Cotton Group Co., Ltd. pointed out that the national cotton storage and rotation is beneficial to all parties in the industrial chain, and helps textile enterprises to improve their competitiveness in the international market.

It is a good thing to realize the mechanism of normalization and rotation. It is beneficial for our enterprises in the industry chain to have a clear expectation for the market, and can better formulate enterprise production and operation plans and do our best.

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But for our cotton enterprises, the price is always running at a low level, and the survival of enterprises is facing greater pressure.

Wang Wanxiang said.

Yin Jian said that the state was very cautious about the digestion of cotton reserves. Although the number of rounds last year was not large, it provided valuable experience for improving the digestion of cotton reserves in the future.

Yin Jian pointed out that the general idea of the digestion of national cotton stores follows four principles: first, it is conducive to promoting the sustained and healthy development of the industry.

We must take overall consideration of the development of domestic cotton planting and textile industry, deal with the relationship between stabilizing cotton production and accelerating the storage and digestion, and promote the coordinated development of cotton production, processing and circulation.

Two, it is conducive to guiding the smooth operation of the market, maintaining normalization and institutionalization, and stabilizing market expectations.

Three, it is conducive to reducing the financial burden.

Four, it is conducive to improving the mechanism of reserve control.

In the specific operation, we will adopt "asymmetric rotation, first round and backward entry, multiple rounds of rounds and fewer rounds".

Among them, the first is to sell publicly regularly and regularly.

The two is to follow the market to determine the bottom price dynamically and realize the pricing mechanism.

In terms of rotation, it is mainly in accordance with asymmetric rotation mode, after turning out a small number of rounds of high-quality cotton, optimize the stock structure.