India Announces Cotton Export Ban &Nbsp, New Shares And Other 3 Stocks Or Benefits.

yesterday India The DGFT issued a statement saying that the export of cotton was banned immediately after the announcement, until the government issued further instructions, and the statement did not explain the reasons for prohibiting exports. It is reported that India will prohibit the export of cotton products with tax numbers of 5201 and 5203, including export orders registered with its government.

The sudden announcement of the ban in India resulted in the increase in the US cotton market in Asia, while the domestic main cotton contract CF1209 increased by 280 yuan, or 1.29%, at 22040 yuan per ton and a 40072 increase in positions on Friday. On the A shares, many cotton related concepts rose, for example, the new shares (600540, shares) rose 2.71% yesterday, and the development of new farmers (600359 shares) rose 2.46% yesterday.

Analysts pointed out that India is the second largest exporter of cotton in addition to the United States. Taking January as an example, China imported 326 thousand and 500 tons of cotton and India cotton and cotton percentage to 46.1%18.3% respectively. The price of India cotton sold in China is 18000 yuan to 18500 yuan per ton, far lower than the domestic 19800 yuan purchase and storage price, which is also lower than the price of imported American cotton. India stops cotton exports, directly stimulates the price of American cotton, and then promotes the promotion of China's cotton prices. In March 1st, the national development and Reform Commission announced the 2012 cotton year plan (September 2012 -2013 August) cotton temporary storage and storage plan. It was clear that the cotton temporary storage and storage price in 2012 was 20400 yuan per ton, an increase of 600 yuan / ton compared with last year.

It is worth mentioning that according to the US Department of agriculture's February cotton supply and demand report, 2011 to 2012 cotton The total output increased to 26 million 855 thousand tons, the consumption reduced to 23 million 887 thousand tons, and the global ending stocks increased to 13 million 237 thousand tons, which was higher than the previous forecast data, and the inventory consumption ratio was 55.39%. The Informa Economics, the analytical body, raised the world's cotton production forecast to 122 million 800 thousand packs in 2012, an increase of nearly 7% compared with the previous estimate, due to the projected increase in cotton planting area in Pakistan. Moreover, the domestic cotton purchase and storage volume remained at about 11 thousand and 700 tons. As of the 2 th, 2011 tons of cotton temporary storage and storage totaled 2 million 712 thousand tons.

New Sai shares

Cotton supply Xinjiang second

Xin Sai shares is the second largest supplier of cotton products in Xinjiang. With the rise in cotton prices, the profitability of the main cotton industry is expected to be gradually improved. Yesterday, the net capital inflow of new race shares was 6 million 267 thousand and 800 yuan, with a turnover of 130 million 579 thousand and 700 yuan, up 2.71% yesterday, and it was closed at 8.72 yuan.

The company has regional advantages in cotton production, and is one of the few listed companies in China, which is dominated by cotton. Its location has unique soil, climate, water and photothermal resources. It is very suitable for the growth of cotton crops. The average annual yield of cotton is about 24 mu, and the total yield of high quality lint is about 30 thousand tons. In the past 09 years, the income of lint was 498 million yuan, accounting for 43% of the total revenue of the company. In 2010, the sales of lint were 1 billion 14 million yuan, up 103.57% from the same period last year. At present, the company has implemented the development strategy of "one main and two wings", which is mainly cotton, and oil and cotton spinning as flanks. It makes full use of the advantages of cotton resources in the local area, increases the intensity of cotton purchasing and processing, guarantees the raw material guarantee of the oil industry and cotton spinning industry, and develops the scale and depth of the industrial chain, so that the lint edible oil of the company can be improved. cotton spinning Coordinated development of the three core businesses.

New agricultural development

The first cotton concept stock in China

The development of new agriculture is one of the most important commercial cotton production bases in China. It is also the first cotton listed company in China. It enjoys the relevant policy support and preferential policies such as enterprise income tax relief and so on. Yesterday, the new agricultural development fund inflow into -303.75 million yuan, with a turnover of 138 million 68 thousand and 300 yuan, up 2.46% yesterday, closing at 10 yuan.

The main crops are cotton and dairy products. In the first half of 2010, 46 thousand and 800 tons of cotton pulp, 3900 tons of liquid milk, 760 tons of milk powder, 1120 tons of licorice products and 830 tons of cotton yarn, and operating indicators improved over the same period in 2010. Cotton lint can be made into cotton pulp after initial processing, and further viscose fiber can be produced by further deep processing. Cotton pulp is an important intermediate for textile materials. As the world economy gets warmer, the demand for cotton pulp will grow as the export of downstream textile industry grows. Viscose fiber as a "green" fiber, along with advocating green to return to nature to guide consumption, resulting in its status in the textile industry continues to improve, from the international and domestic market demand analysis, viscose fiber annual demand increment is still more than 10%, "Xin Nong" brand cotton for the national brand products. It is worth mentioning that in February 21, 2012, the company announced that Xinjiang Hailong (45% of the company), the new agricultural cotton pulp (55% of the company) accounted for 253 million yuan, and after repeated consultations, Xinjiang Hailong still did not repay the loan. After mediation, Xinjiang Hailong paid its debts by occupying land in its 2 * 15MW power plant and power plant.

Dunhuang seed industry

Buying and selling volume is half of Gansu province.

Dunhuang seed industry (600354, stock bar), as a leading national leading enterprise in agricultural industrialization, has reached 50% of the total volume of purchase and sale in Gansu. Yesterday, Dunhuang seed industry capital inflow -1397.2 million yuan, turnover amounted to 181 million 455 thousand yuan, yesterday fell 0.44%, to close at 20.19 yuan.

The company is a key national leading enterprise in agricultural industrialization. It produces 100 million kilograms of crop seeds per year (seed production and sales rank among the top 4 in the country, of which 10% of the seed production accounts for about 10% of the country's total seed export and 10% of the same seed export volume of the whole country. The processing and purchasing of 500 thousand cotton seed cotton (50% of the total cotton sales in Gansu); 6 seed processing enterprises 7 cotton processing enterprises, and the total processing capacity of seeds and cotton are 65 thousand tons and 70 thousand tons respectively. A total of 1 wheat varieties were approved by the state through 5 provinces, 2 varieties, 3 varieties and 2 varieties. In addition, a wholly owned subsidiary, Jiuquan Dunhuang seed industry and agricultural products storage Co., Ltd. has been designated as the reserve storehouse of China reserve cotton management company and the designated delivery (supervision) warehouse of the national cotton trading market, with a storage capacity of 30 thousand tons.