Policy "Boots" Landing On The Cotton Market In The Future How To Deduce

< p > > a href= "//www.sjfzxm.com/news/" > spinning enterprise < /a > the busy season of orders is not prosperous.

After P, the order status of textile enterprises has not improved significantly, obviously lower than the previous level.

"This time last year was a busy month for companies. Even half of the machines were not opened this year."

Wang, a marketing director of a textile enterprise in Zhengzhou, Henan, said that after the Spring Festival, they only received an order of 60 thousand meters. If there is no new order in the near future, they will have to stop production.

"The peak season is not prosperous, the off-season is even lighter", and the fabric market continues to slump, forming a pressure on the upstream and downstream of the textile industry.

In March, only combed 50S, 60S and long staple cotton combed yarn sales were available, while the price of low count yarn was impacted by imported yarn and imported grey cloth. The price increase was weak, and more than 80% of local enterprises were "losing money".

And some strong textile enterprises increase variety adjustment efforts, focus on differential production, lower the cost of raw materials, thereby increasing the order volume, but the downstream consumption is weak, the selling price of finished products has been greatly reduced, and the profit margins have been compressed.

< /p >

< p > internal and external < a href= "//www.sjfzxm.com/news/index_c.asp" > cotton price difference < /a > large market share was seriously occupied "/p".

< p > according to China Cotton Information flower net monitoring, in March 22nd, China's cotton price index was 328 yuan and 19370 yuan, compared with last year's low point, which rose by about 1200 yuan per ton.

In March 22nd, the international cotton index (M) was US $97.54, at a customs duty rate of 1%, and a discount of HK $15614 to HK $16224.

That is to say, the price of outer cotton is lower than that of national cotton.

3000-4000 yuan / ton.

If conversion is made according to the sliding rate, the price advantage of cotton to port is still very obvious.

"The price advantage of China's textiles has vanished because of the big difference between inside and outside cotton prices. Market share has been squeezed in recent years."

< /p >

P, an importing and exporting trader, said that last year, Europe and the United States and other countries began to develop the real economy after the recession, which included the high-end textile market.

The development of this form will lead to a situation that China's textile industry will not compete with Europe and the United States in the high-end market, but it will not survive in Southeast Asia.

< /p >

< p > cotton reserve price of national storage cotton sales is raised < /p >

In the year of P, the state has implemented the policy of open storage and large scale dumping and storage.

As of March 20th, the state's storage and storage totaled more than 6 million 420 thousand tons. According to the China cotton information network, the domestic cotton output in this year was 7 million 470 thousand tons, that is to say, the storage capacity has reached about 86% of the total output.

There will be only a few days left from the end of the closing and closing of the storage in March 31st, when the domestic cotton resources will enter about 90% of the country's warehouses.

< /p >

< p > since January 14th, the state has implemented large-scale national cotton storage and sales. According to the NDRC, the 14 sale of national reserve cotton has been open for sale since January, with a tentative quantity of 4 million 500 thousand tons. By the end of July, the selling price is unchanged at 19000 yuan / ton of standard grade cotton.

It is generally believed that the original intention of the policy is good and has played a stabilizing role in the market.

However, there is no denying the fact that the first round of the sale of state-owned cotton stores is mainly due to Chen cotton. Some of the worsted high-end enterprises are still facing the problem of "difficult to use cotton", and foreign trade enterprises have also pushed up domestic cotton prices because of policy regulation. The cost of raw materials for textile enterprises has risen. Under the condition of international consumer demand, the external outflow is very serious, and the pressure of spinning enterprises has not been reduced.

Under the quasi tax quota

It will play a key role in pushing up the price of foreign cotton if the quota begins to enter the textile enterprises.

< /p >

< p > Huang Zong, a Hebei a href= "//www.sjfzxm.com" > textile enterprise < /a > director, said that since mid March, the port of Qingdao, Tianjin, Zhangjiagang and other ports were very serious, and so on.

It is understood that at present, enterprises that have purchased State Cotton stores are very keen on the import of cotton, and the enterprises that are "competitive in cost reduction" to enhance their competitive strength are currently in the mainstream.

Huang Zong believes that, according to the current about 9000000 tons of domestic end inventory, the supply of cotton is relatively wide, and the reason why the country increases the slide tax quota at this time is likely to have a quota for processing trade quotas in the near future. The main solution should be to solve the problem of "order reduction" in textile enterprises. The domestic cotton prices in the latter domestic market may drop slightly, while the price of cotton will continue to rise, and the prices of domestic and foreign cotton will be further reduced.

Another key point is that the next step will be to adjust the state store and cotton sales policy, increase the proportion of new cotton stocks and meet the needs of textile enterprises for "high quality cotton", and the stalemate or opening of the textile market in the later stage.

< /p >