Cotton Purchasing And Storage Policy Difficult To Resist Weak Market

2011/9/17 14:25:00 33

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Weak Market For Cotton Policy

Since September 8th, the 2011 year in China

cotton

The temporary storage and purchase plan was officially launched.

At present, the domestic stock of cotton reserves is about 250 thousand tons, and nearly 3 million 500 thousand tons of storage capacity has a strong purchasing regulation capability for the depressed cotton market, which has a strong market support for cotton prices.

However, the downstream consumption of cotton is still in the doldrums, and demand has not been effectively started. At present, there is still more stock in the cotton mill, which can maintain production for 30 days, nearly half of the time under normal conditions, and the yarn de stocking of the domestic cotton textile industry has not yet been completed.

New cotton will soon be on the market and increase production is an indisputable fact, although the purchase and storage policy can play a role in Kyushin Pills's short term stabilization and stabilization, but whether the cotton price can rise again remains to be supported by the digestion and inventory reduction of the downstream market.

At present, monetary policy is tight, to a certain extent, has increased the tension of the capital of the cotton industry chain, especially the new cotton will soon be listed on the stock market. The shortage of funds is difficult to boost the acquisition of new cotton.

At present, the textile industry is facing the turmoil in the European and American debt markets, and the appreciation of the renminbi.

Exit

Space is pressed by compression.

The cotton price is high, which has hurt the downstream textile enterprises, and has weakened the dilemma of cotton growers' planting enthusiasm. The multiple negative factors of cotton market have not dissipated.

The purchase and storage policy and the 19800 purchase and storage price have become the straws for stabilizing cotton prices.

New cotton

It is a fact that we are going to list and increase production. The downstream textile enterprises are still in the stage of consuming inventory and watching mood. The global economy has been slowed down by the debt crisis of Europe and America.