Tianmen Index Hubei Seeks National Cotton Pricing Power

Below P, millions of mu of cotton in the Jianghan Plain are growing vigorously, and they are blooming and peaches.

Although there is still a period from picking, but this autumn cotton price is much higher than last year is up or down, has begun to affect millions of cotton farmers in our province heartbeat.

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< p > cotton production in Hubei accounts for more than 7% of the total output of the country, ranking only fifth after Xinjiang, Shandong, Henan and Hebei.

What can be contrasted with it is that at present, there are only a few scattered spot trading markets in Hubei, and there is no formed agricultural product (000061, stock bar) Trading Center, and cotton producing provinces do not have the right to speak cotton price.

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< p > compared with other agricultural and sideline industries, the price of cotton industry with a long supply chain is very volatile.

However, with the development of China's (Tianmen) cotton trading center, the cotton supply chain is changing.

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< p > cotton price jump up and down < /p >

< p > "monkey market" makes cotton producing area injured < /p >.

Less than two years ago, in the autumn of P, hundreds of thousands of cotton farmers in the Jianghan Plain were excited and frightening.

The price of cotton jumping up and down is dazzling and almost suffocating.

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< p > 3.5 yuan, 4.5 yuan, 5.5 yuan, 6.5 yuan, 7 yuan, 6 yuan, 5 yuan, 4 yuan......

Up and up again! Down and down again!! < /p >

Tianmen cotton grower, whose name is "diesel engine one step", is the craziest and most thrilling year of cotton price in 2011. P

That year, the cotton market was like a monkey market. It jumped up and down and became elusive.

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< p > he wrote on micro-blog: due to the disaster of cotton in Xinjiang and the large market gap, the cotton farmers in Tianmen have been contaminated.

Starting from the 3.5 yuan of the purchase price, it has gone up all the way.

"Cotton prices are changing every day, 10 days ago, up to 7 yuan, 2 days ago to 4 yuan 6, today is 5 9.

There is not much cotton in my house, and there are about 1000 Jin, but every day is also a great fear. "

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< p > "a few bales of cotton are left. The day before yesterday was 2000 yuan, and today it is suddenly over 1000 yuan. What price will it be tomorrow?" he said this was the portrayal of anxiety at that time.

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< p > the average cotton yield in Hubei over the past year accounted for more than 7% of the total output of the country, ranking fifth in the whole country.

Moreover, as a major cotton producing and selling cotton Province in the central region, Hubei is China's "North Cotton South spinning" and "West cotton East spinning" industrial hub.

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< p > Hubei has great influence on the cotton industry.

However, the contrast is that at present, there are only a few scattered spot trading markets in Hubei, and there is no cotton trading center that can effectively link up with the domestic and even international markets.

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< p > "lack of a national spot trading market to guide prices, and cotton prices can only jump up and down with the entry and exit of speculators in the market."

The general manager of Xiantao Hua Yi cotton industry told reporters in silver that from 2010 to 2011, half of the small and medium-sized cotton ginning factories that had stored cotton were bankrupt, and many of the downstream mills were also stuck at high prices and made a lot of losses.

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< p > Investment 6 billion yuan < /p >

< p > the largest spot market opens in the autumn < /p >.

< p > nowadays, the anxiety of cotton farmers and cotton enterprises on cotton price fluctuation in Jianghan Plain is disappearing.

In 9 and October this year, China's largest cotton trading market, China's (Tianmen) cotton trading center, will face cotton farmers' first acquisition of new cotton, and cotton prices will keep pace with the rest of the country at all times.

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< p > > with Yueh Expressway entering Tianmen City, on the two sides of the fairy highway, reporters saw hundreds of meters of construction sites, and the billboards of "China (Tianmen) cotton trading center" can be seen everywhere.

A newly built and magnificent building is very stylish. This is a trading building already in operation, next to more than 30 new warehouses that begin to store cotton.

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< p > the trading center is invested by Zhuo Er holdings, a well-known private enterprise in Hubei. The total investment of the project is 6 billion yuan, which is divided into three stages of rolling development and construction. The project consists of 4 major functional areas, namely, trading center, storage area, light textile market and logistics distribution area.

According to Yan Zhi, chairman of the board of directors of drow holdings, the trading center integrates cotton processing, warehousing, logistics, finance and information services.

After completion, it will be China's largest cotton spot trading platform.

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In July 12th, the reporter went to Tianmen, and in the trading hall which had been put into use, the reporter saw that a giant screen was rolling every few seconds, updating the quotations from all parts of the world at any time, the price of the international supply cotton from the United States and Japan, the price of Xinjiang cotton from Korla, Shihezi and Kashi, and the price of cotton in Shandong, Rizhao and Hanchuan, Xiantao, Shayang and public security in Shandong.

In the hall, dozens of traders wearing red vests are busy.

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< p > 037 trader Yin Rong is busy buying cotton for Hubei ERON "a target=" _blank "href=" http://www.91se91.com/ "textile" /a "Co., Ltd.

ERON textile chief manager Wang said that before purchasing cotton, China would have to run the market, compare the price, and buy it all.

Nowadays, the company entrusts the trading center to buy on credit, and only needs 30% down payment, so that the buying and selling can be completed at the most reasonable price by the trading center.

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< p > publish Tianmen index < /p >

< p > Hubei seeks national cotton pricing power < /p >.

Xiao Shiguo, general manager of the trading center, told reporters that in addition to the trading building, the first phase of the project has already built 33 warehouses of cotton storage. The warehouse area is 70 thousand square meters, which can store 150 thousand tons of cotton, which is close to the 1/3 of cotton output in our Province. P

Cotton farmers can buy and sell cotton merchants here and there. Up to now, there are more than 200 cotton merchants in more than 20 provinces and municipalities.

"Actually, this trading center is not only a spot sale of cotton, but also a main function is to release the Tianmen cotton spot index and have the pricing power of Hubei in the domestic cotton trading market."

Xiao Shiguo said, "the release of spot cotton index is the first step towards the right to speak cotton price."

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< p > he said that the cotton index is the vane of the cotton market. The Tianmen cotton spot index will be the weathervane of the cotton spot trade in the central part of the country. With the development of the trading center, the Tianmen index will also have an impact on the domestic spot price.

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< p > at present, the existing Chinese cotton price index is released by the China Cotton Association. So how can the newly released Tianmen cotton spot index participate in the pricing of cotton in an authoritative manner? < /p >

< p > "price is determined by the relationship between supply and demand. If Tianmen cotton trading center wants to grasp the right to speak cotton prices, the volume of pactions must be large enough."

Xiao Shiguo said, first of all, we must grasp adequate amount of cotton spot resources, and through the advanced warehouse management system, the trading center will attract the cotton merchants to store the cotton in the warehouse of the trading center, which is the most important first step towards the whole country.

Under the condition of having a large number of warehouse receipts, the cotton traders will be guided through the trading center's professional, nationwide and efficient cotton spot electronic trading platform, which will generate at least 20% spot trading volume of the lint cotton annually, so as to make a sound voice in the pricing of cotton prices nationwide, and promote Hubei to become the national cotton price center.

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< p > big circulation leveraging large industries < /p >

"P" in the Tianmen, the investment and construction of cotton trading center Zhuo has a special atmosphere.

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< p > the first national cotton trading market was built, and the local government gave strong support.

In the planning and construction of the Long Jing railway freight branch line, even ready to introduce a small branch line from Tianmen new station, directly connected to the warehouse area of the cotton trading center, through the capillary like railway network, the cotton will be pported to all parts of the country.

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< p > cotton trading center is also like a magnet.

Although the trading center has just started, but within a few kilometers of the surrounding area, the Cotton Industrial Park, which is planned by Tianmen, is being formed. More than a dozen cotton processing plants along the Guang Xian highway are in the process of synchronous construction. From the cotton processing, textile, < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a >, the complete industrial chain of deep processing of by-products is forming.

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< p > seemingly thin cotton is a heavy industry in Tianmen. On this industrial chain, there are more than 50 local enterprises that rely on cotton to eat.

In the future, the cotton trading will be the core. Through the release of Tianmen cotton spot index, the "China cotton price" will be realized, and it is expected to drive the investment of 30 billion yuan cotton industry.

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< p > Logistics and market is the basis for deciding whether a region can build a national cotton trading center.

Despite the fact that Xinjiang is the largest cotton producing area in the country, there are many problems such as heavy traditional marketing mode and light modern management concept.

Therefore, even if Xinjiang's cotton production accounts for 35% of the country's total, Xinjiang still has no chance to become the national cotton trading center.

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"P", while Tianmen cotton accounts for only 1.25% of the country's total cotton production, it is confidently planning the largest cotton trading center in China.

This is because drow brings the experience and advanced ideas of the accumulation of large circulation market.

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< p > from Hankou north international commodity wholesale market to China (Tianmen) cotton trading center, people can not help wondering what do they want to do? "All industrial layout is centered around one point. We want to become a global trading platform, from simple selling shops to trading platforms dedicated to reducing logistics and paction costs."

It is said that in the future, a large number of trading centers will take place simultaneously. Wholesale and large circulation will inevitably bring about industrial scale effect and price discovery function.

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