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Cotton Price Three Ten Thousand Markets Remain Reluctant To Sell. Nbsp; Government Strengthens Enterprise Window Guidance

2010/11/4 10:15:00 31

Cotton Price Government Enterprises

   domestic Cotton price It has risen to every ton. Three Ten thousand yuan, but the market "fear of heights" has obviously passed. More people are beginning to worry about the price of cotton, and the situation of selling is spreading rapidly. In this regard, the relevant state departments are increasing the guidance of the window to guide the market to operate steadily.


Global cotton Stock The situation is still tight. Eleven In the past three trading days, cotton prices kept rising every day. One thousand Multiple momentum Three Million cotton prices in the electronic matching cotton, futures cotton has been presented, and the international ICE Cotton is more direct to cotton. One hundred and fifty Cent goes.


With more than one day left, more than 1000 yuan per ton will be earned, and the sharp rise in cotton prices will make the selling situation spread rapidly. After all, the fast spinning yarn can not keep up with the rising speed of cotton prices. With the rise of cotton prices, textile products, regardless of cotton yarn, cotton Or viscose and other products have increased substantially, the domestic down price is even more alarming, from the same period last year, less than a ton. Eight Ten thousand, soaring to Thirty-two More than ten thousand.


Usual years Eleven The month is the peak period for the acquisition of cotton, but this year Three In the event of a high price per ton, the purchase of domestic seed cotton is also slow. At present, the enterprises bidding for cotton reserves in the early stage are also cautious. The price is too high and they are generally reluctant to sell, and the textile mills almost fail to do so.


"Cotton until next year Three After the month, it is likely that no resources will be available. " Dong Shuangwei, a leading futures analyst, believes that for China's huge import market, China's output may still be lower than expected, and its resources are extremely limited. Thirty There is no guarantee of the supply of resources at the end of this year.


At present, the tight cotton market in the international market is still increasing. The latest statistics from international agencies show that Ten At the end of the month, the annual output of the US cotton plant 80% , Three hundred and forty About 10000 tons, basically sold out. And this year is only the past. Three For months, it is hard to imagine how much cotton will be available for sale in the late stage; India's first export approval. Ninety-three point five The amount of 10000 tons has been registered for more than half a month, and the latter export volume will be very few.


In the face of the spread of the market reluctant sale, the relevant state departments are increasing the window guidance for the cotton producing area government and related large enterprises. A head of China Cotton Association said that the NDRC had asked the cotton producing area government to strengthen the guidance and management of the large cotton enterprises in the area, standardize the business operation, and request large enterprises to set up the overall situation consciousness, take the lead in maintaining the cotton circulation order, and take the lead in stabilizing the cotton market price. At the same time, the state owned supply and marketing cooperatives should guide the cotton enterprises' rational operation in accordance with the requirements of the state and the deployment of local governments, ensure the quality of cotton purchasing and processing, and give full play to the guiding role of stabilizing the market.


   The head of a cotton textile enterprise in Henan province told the Securities Times reporter that the local agricultural development bank should report the cotton credit arrangement to the local government every week, and the enterprise itself is also required to purchase quickly, process quickly, sell quickly, and quickly return to the cage to avoid hoarding.

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