The State Adopts The Policy Of Putting In Cotton Reserves To Ensure The Quantity Of Cotton Used By Textile Enterprises.

In the context of the state supply side reform, to remove inventory as an important content, the State adopts the cotton reserve policy, and achieves the goal of storing cotton in stock, while ensuring the quantity of cotton used by textile enterprises, stabilizing cotton prices and narrowing the difference between inside and outside cotton prices.

As of July 5th, the total output of cotton reserves was 28034.2588 tons, and the actual turnover was 28034.2588 tons. The turnover rate was 100%, and the average price was 14015 yuan / ton.

With the development of cotton reserves, a series of problems have emerged. Among them, the biggest problem of cotton spinning enterprises is the lack of cotton reserves, which has caused many problems.

We should adopt comprehensive administrative, economic and legal measures, and investigate criminal responsibilities if necessary, and pursue and punish the organizations and individuals that disrupt the market order.

In this auction, traders and other circulation enterprises are allowed to participate in the auction.

Most of the cotton that the circulation enterprises get through the auction will be sold to the textile enterprises. In the case of more circulation, the circulation enterprises will participate in it.

It is understood that the auction to participate in the proportion of up to 40% of the circulation between traders and textile enterprises to expand the fight for reserve cotton resources, making the already strapped cotton reserves daily auction volume more intense competition, turnover rate remains high, under the auction rules, the auction will inevitably lead to high cotton prices.

And quite a few.

After being photographed by the circulation enterprises, it has not been effectively converted into production. The cotton hoarding leads to the fewer cotton available in the spinning enterprises, which further leads to the mismatch of supply and demand.

Cancel or suspend the circulation enterprises and trade enterprises to reserve qualifications, so that the national cotton resources can be effectively utilized.

In the "state"

The announcement on the arrangement of rotation 2016 ninth "clearly stated that under normal circumstances, the number of daily sales of reserve cotton is not more than 50 thousand tons, and the specific number of rounds is based on actual pactions.

If the market price of domestic and foreign market has obviously increased rapidly for a period of time, the turnover rate of the auction sale of reserve cotton will exceed 3 days or more than 70% days a week, and the number of sales will be increased appropriately.

Since May 3rd, the auction price of cotton reserves has been close to 100% for a long time, and the market has not increased the quantity of cotton reserves.

At the end of June, the amount of reserve cotton was also reduced. The supply of less than 20 thousand tons per day aggravated the market shortage of cotton resources.

Although there was a slight increase in the early July, taking July 6th as an example, the round out plan was only 21 thousand and 500 tons.

Far below market demand.

The imbalance between supply and demand of national cotton stores is an important driver of cotton prices rising rapidly. As of July 5th, the average price of the national cotton store reached 14015 yuan per ton, which was 3128B 13753 yuan / ton, and the CF1701 main contract reached 15790 yuan / ton in July 5th, reaching a high level in nearly 2 years.

Although cotton prices are rising rapidly, the downturn in the downstream market is not acceptable for rising raw material prices.

The price of yarn has not risen synchronously while the price of cotton is high.

The number of enterprises shutting down and limiting production is increasing, and spinning enterprises are struggling to make progress.

Speed up the progress of the public inspection, increase the manpower and material resources of the public inspection, and set up the public inspection points.

The quality of reliable Xinjiang cotton has been changed to spot checks, and the target cotton storage has reached 50 thousand tons.

From 9 to October, we continued to put in reserve cotton to ease the problem of cotton consumption.

Do not affect the use of cotton by the target price policy.

Some of the warehouses deliberately delayed the outgoing time with the reasons of "shifting stack and leaving the warehouse", and violated the willingness of textile enterprises to designate logistics companies. They took the opportunity to collect improper fees from textile enterprises, and increased the cost of textile enterprises to purchase cotton reserves, which seriously affected the normal production of textile enterprises and the social impact was very poor.

Now that the anti-corruption efforts are unprecedentedly powerful, this kind of behavior that disturbs the market order in the field of State Cotton Storage and warehousing has become a serious problem. The relevant regulatory authorities should severely punish illegal and illegal activities and will never tolerate it.