Textile Enterprises Are Different In Attitude Towards The Upcoming Cotton Reserves.

< p > according to the latest report, the purchase and storage price of 20400 yuan / ton has made most of 2012/2013 cotton enter the national warehouse. As of January 7th, the state has collected and stored 5 million 300 thousand tons of new cotton.

The market expects that in 2012/2013, the total amount of new cotton collected by the state will exceed 5 million 500 thousand tons, which will account for 80% of China's total cotton output this year.

The intake and storage of new cotton greatly reduced the supply of domestic a href= "//www.sjfzxm.com/news/index_c.asp" > cotton < /a > market.

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< p > however, China Cotton < a href= "//www.sjfzxm.com/" target= "_blank" > textile < /a > Industry Association and national cotton trading market have jointly issued a notice recently that some cotton reserves will be put into the cotton trading market in the near future, and the object of purchase will be designated as the spinning and weaving cotton enterprise.

To prevent the emergence of "spinning cotton", the maximum number of bidders required to participate in bidding before March 31, 2013 should not exceed two months' cotton usage.

According to industry sources, this part of the reserve cotton is three grade cotton, will be launched from January 14th to the market, the number of 3 million tons, the auction price of 19000 yuan / ton, may be placed with the cotton import quota at 3 to 1 ratio.

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< p > according to the reporter, many state-owned cotton enterprises do not "catch a cold" on the mode of placing the reserve cotton with the import quota.

"Every year, the state will issue a certain amount of cotton import quotas to state-owned cotton enterprises, and with the increase of chemical fiber consumption, import quotas can basically meet the annual cotton demand of these enterprises."

A cotton industry source told reporters that after the new year's day, some state-owned cotton enterprises have got the quota of cotton imports.

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< p > a textile enterprise also confirmed to reporters that there are indeed many enterprises are not very interested in the cotton stockings put in this time.

"The first thing is Chen cotton, the quality of cotton is difficult to guarantee; two, the auction is tied up as a unit, a bundle of cotton needs millions of yuan of funds, for small and medium-sized textile enterprises, capital turnover is a problem."

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< p > but there are still some textile enterprises hoping to get some cotton from this reserve cotton.

A medium-sized textile enterprise integrating yarn and weaving in China began to purchase small cotton bags locally and maintain production in small quantities after learning about the news of the distribution of cotton reserves.

The head of the company told reporters that they would actively auction cotton reserves.

"If the starting price is 19000 yuan / ton, we hope to get Xinjiang cotton at 19500 yuan / ton.

If the cotton reserves can be continuously put in store in a period of time, we can take the way of buying and selling with no need to replenishment. "

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< p > for the impact of the < a href= "//www.sjfzxm.com/news/index_q.asp" > reserve cotton < /a > on the domestic cotton prices, Shanghai mid-term cotton analyst saw that it might lead to the domestic cotton market price fall.

"Because the reserve price of the reserve cotton auction is set at 19000 yuan / ton, which is lower than the current spot market price".

Wang Wei, a cotton analyst at Central Plains futures, believes that the reserve cotton is released in accordance with the demand of textile enterprises for cotton and has a negative impact on domestic cotton prices.

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