The deposit of reserve cotton in this round has continued for more than two months, with an accumulated turnover of 12.14 million tons, and the transaction rate is close to 100%. Even so, the cotton used by textile enterprises is still hungry. There is a large cotton gap in the current market, and there will be a market where there is demand.
As of July 11, 2016, the current round of reserve cotton deposits has continued for more than two months, with an accumulated turnover of 12.14 million tons, and the transaction rate is close to 100%. Even so, textile enterprises are still hungry with cotton. Compared with the cumulative turnover of 63,000 tons of reserve cotton in 2015 and a negligible transaction rate, the main reason for this transaction being “hot†is not only the “grounding gas†but also the current market. The cotton gap, there will be a market where there is demand.
Cotton supply is in short supply
At present, the domestic cotton market appears to be in short supply, and the price of cotton continues to rise slightly. However, this change is not entirely caused by the role of the market, but is more influenced by the rules that some people have. Among them, the supply of reserve cotton and the qualifications of purchasers have become two major concerns.
At present, the amount of reserved cotton on a single day is basically between 20,000 tons and 30,000 tons. There is a gap between the previously announced regulations and the real needs of textile companies. From the point of view of purchase, the trade volume of traders is comparable with the purchase volume of textile cotton companies, resulting in competition. Compared to the “Tugao†traders with abundant financial strength, the textile entity enterprises are stretched out and must face raw materials for production. Operations management, taxes and other expenses, but also tired of dealing with loan interest expenses. From the actual situation, the large number of purchases made by traders and sales in batches has eased the financial difficulties of some small and medium-sized enterprises to a certain extent, but objectively it has formed a situation of competing with textile companies for resources, driving up prices, and gaining more profit. It also puts even greater pressure on the amount of raw material that was originally insufficient. In addition, according to the survey, some traders have already begun to purchase stocks in the domestic market and wait for the benefits before the reserve cotton is put into use.
In this regard, it is recommended that the relevant authorities can fulfill their commitments and ensure that the amount put on a single day is not less than 50,000 tons, and adjust the relevant regulations as soon as possible according to the current situation, temporarily suspend the qualifications of non-production-type circulation-type enterprises to purchase reserve cotton, and ease textiles. The tense situation of cotton used by enterprises.
Zheng Mian rose ICE interactive speculation momentum increased
In the current situation of special "supply in short supply", the domestic cotton futures market took the opportunity to form a wave of market, coupled with the previous global cotton production forecast, the current shortage of global cotton stock resources, etc., ICE cotton prices and Zheng cotton mutual pull up. As of July 11th, the price of domestic Zheng cotton has risen by nearly 20% compared with that before the reserve cotton was put into use. According to market analysis, apart from normal fluctuations, there are speculations. Although various parties in the market have offered advice and suggestions for the healthy development of the cotton and cotton spinning industry chain, the proposal has been proposed for some time. However, as of now, the policy has not yet moved, and the speculative momentum of the futures market has only increased, not only disturbing the market order, It hurts the interests of textile entities and interferes with the judgment of the relevant authorities when formulating policies.
It is recommended to standardize the market order, strictly supervise the speculative behaviors of the futures market, correctly play the function and role of the futures market for the real economy, and maintain a good environment for the survival and development of the entity enterprises.
"De-stocking" conditions have the opportunity to advise you
From the current textile demand, on the one hand, the gap in the domestic market's cash resources will continue until a large number of new cottons will be listed in mid-to-late October; on the other hand, the remaining cash resources in the international market will also be small, and cotton in India and other Southeast Asian countries will also emerge. Gaps also appear to vie for resources. If no additional import quotas are issued, the purchase of domestic textile enterprises is mainly based on reserve cotton. Therefore, for the state reserve cotton, the market conditions for “destocking†are already available at this stage. Compared to India, which is incapable of competing for imported cotton due to an empty state treasury, and has a "Tian Chao" inventory of days, it should not allow domestic textile companies to cry because there is no cotton available.
In the face of the “de-stocking†opportunity, we hope that the state will fully consider the actual situation and postpone the release of this reserve cotton to September or October in order to solve the tense difficulties of textile companies in using cotton. This is excellent.
For more details, please pay attention to China Grey Fabrics ()
Clothing Sets have now become an indispensable popular element. According to different purposes, we also have different designs, such as couples clothes, parent-child clothes, sportswear, etc. For kids, parent-child clothes, casual clothes and sportswear are very common. We can design different styles according to different occasions, seasons and popular colors, which makes your children distinctive.
baby clothing sets, kids clothing, baby clothing
Shenzhen Beibei Happy Technology Business Co.,Ltd , https://www.bbabyshoes.com