Hot Spot Concerns: 2016 Solutions To The Focus Of Reserve Cotton Rotation
2016 China cotton futures Forum
The biggest bright spot is China.
Reserve cotton
Mr. Hou Zhenwu, the deputy general manager of the management company, answered the problem of the return of the reserve cotton.
Misunderstanding of reserve
Hou's working hours are basically related to the rejection and storage. The cotton reserve policy is now being criticized. But in fact, the state is a long-term cotton reserve policy.
Cotton prices surged forward in 2010, reaching 30000 yuan / tonne.
Cotton price
The era is gone, but at that time, the state has taken into account that cotton will soar, and eventually there will be a day of collapse. So in 2011, the price of 19800 yuan / ton began to be seized.
At that time, if there was no such price, the raw materials of cotton enterprises and the finished products of cotton yarn would suffer great losses.
The work of the central storage cotton company is the most specific one, namely, the collection, throwing and storage of cotton.
The quality of reserve cotton is weighed and checked by MF. It is also an instrumented test.
At the beginning of 2014, the state has stopped buying and storing, and the reserve policy that has been criticized is that the enterprises have been idle for three years, and futures are a straight line.
Now everyone says that the cost of storing and storing cotton is 20 thousand per ton, and now it sells 10 thousand per ton, so it loses 10 thousand per ton.
Hou explained that in fact, the money was subsidized by the state to the cotton farmers, but the subsidy method was different.
How difficult is the public inspection of bags?
Zhu Jun, President of the cotton textile industry association, asked Hou Zong: "why should we oppose the public inspection of bags?" Hou explained, "I do not object to it. The China National storage and Storage Corporation is the executive department of the national policy, and it only gives feedback to the state before possible."
Various agencies in the industry agreed that the package inspection should not be taken into consideration.
Many social storage tanks have no charter machines, and the volume of operations is limited.
In the public inspection of bags, 17-20 cotton pads will be stacked and eight meters of clamps are clamped down. Then 3 steel wires will be sent to the sample for inspection.
How about the price?
As for the price of rotation, Hou said that this year's reserve policy will be adjusted weekly according to domestic and international prices, so don't worry about how much the about 11000000 tons will have on the market.
No matter the price at home and abroad is in line with each other, the quality of reserve cotton will be checked by the Bureau.
The central storage cotton company guarantees that there will be no mildew in cotton in the storehouse. Each package has an "ID card". The manufacturer, time and grade are all clear. All warehouses have monitoring probes and are uploaded regularly.
Therefore, in addition to the color of the reserve cotton, the quality index can be changed very little.
At the scene, a participant mentioned the problem of weight loss of cotton reserves. Hou explained that heavy losses were greatly affected by weather factors. Especially in southern rainy weather, air humidity reached 80-90%, which directly led to high moisture regain of cotton.
Therefore, weight loss can be said to be a technical problem.
If the warehouse is released according to the official weight, then it can be predicted that the rainy days in the South can not leave the warehouse, which will affect the delivery of the goods.
Sowing hope
Reserve cotton rotation is the second spring for textile enterprises, and circulation enterprises can also participate. Investors can also operate according to the external disk, which is beneficial to cotton spinning industry.
Finally, Hou said, "spring is a season for sowing seeds.
We are exploring the cotton industry here, and we are also planting hope and hope for healthy and long-term development of the cotton industry. "
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