National Cotton acreage down 10% senior tight lint

Cotton market to some extent can be said that «policy market.» In recent years, the state of the cotton market’s macro-control more and more frequently, since last year, purchasing and storage policies on the cotton market to play a decisive role, in May put the throw late to the market reserve policy has laid a foundation for stability.

    Recalling the first half of the cotton market conditions, changes occurred mainly in the mindset of buyers and sellers: the early stage of cotton business peace of mind, cover their cotton reluctant sellers, look for cotton spinning enterprises everywhere, cotton prices continued to rise. Later, as the country increasingly clear message to sell cotton reserves, many shipments of cotton enterprises active, or even slightly willing to let, while the textile enterprises are determined to resist excessive quotation, throwing a formal reserve policy after the introduction of a slight drop in cotton prices .

    Area to reduce a foregone conclusion

    According to the U.S. Department of Agriculture released the 2009/2010 annual global production and demand forecasts, the global cotton production is forecast to be 23.179 million tons, down 1.3%. Among them, China, Central Asia and India, offsetting cuts in Brazil, Australia and other countries increase production. The annual global cotton consumption 24.721 million tons, up 3%. Meanwhile, the world’s cotton imports to grow by 15%, mainly due to the increase in Chinese imports. According to analysis, the reduction of cotton production and consumption increase will lead to decline in world cotton stocks, global stocks are projected for 2009/2010 was 12.577 million tons, down 7%.

    This year, the national cotton planting area is down a foregone conclusion, despite the forecast decline in the previous period decreased, but still more than 10%. According to the meteorological department to reflect the current temperature in most parts of the country earlier than normal high, northwest, north, most of the heat Huanghuai adequate moisture suitable, beneficial growth of cotton. Warmer in the Northwest region, sunshine, precipitation is more appropriate, conducive to cotton growth and development. Despite the Shandong, Hebei and Shanxi provinces in heavy rain in parts of inclement weather, etc., resulting in some cotton fields by the stains, but the whole cotton growing across the country better.

    Throw cotton market stable storage policy

    Cotton purchasing and storage of late this year, with the cotton market, declining resources, the imbalance between the gradually revealed. After purchasing and storage, the voice is difficult to buy four cotton, the rumors also rumored to throw up storage. Demand from the market point of view, throw the cotton storage market, government regulation has become an inevitable choice for the industry are generally concerned about is throwing the quantity and price of storage. May 21, throwing the dust settles storage policy, the state decided that from May 22 onwards, the State Reserve to sell 1.523 million tons of cotton, of which the annual round of the State Reserve Reserve 2003,2004 cotton 523,000 tons, 2008/2009 interim sales reserve of 1 million tons of cotton. Chen Mian to 12,500 yuan / ton auction sales, the new cotton to 12,900 yuan / ton auction sale, all prices are net settlement. Analysis of industry experts, 150 million tons and the annual post-throw total storage of domestic cotton supply and demand gap is basically consistent policy of throwing storage time both in quantity and are just right to grasp at, can be achieved to maintain market stability and not the purpose of suppressing cotton prices.

    The introduction of the national policy for the storage throwing the cotton market in the coming period of relative stability and lay a solid foundation. After the end of June, with the spot market supply is gradually reduced, more and more textile companies bid on the State Reserve cotton market, the State Reserve is also a corresponding increase in transaction price of cotton. Tong Shi, there is industry analysis, consider that in order to stabilize a year of cotton production and cotton in the old and the new turn of the year, right throwing storage transaction Jiage a certain degree of Shang Zhang, Guo Jia will not interfere.

    High-grade cotton resource constraints

    It is understood that the procurement of cotton textile industry is relatively stable, some companies the size of cotton stocks remain at 20 days to a month’s time. To ensure the supply of lint, some textile enterprises specialized procurement staff stationed in Xinjiang, to protect cotton supply. Present to the factory price of cotton in Xinjiang 2 in 13,000 yuan / ton, more significant benefits through the procurement agent. Another part of the use of imported cotton textile enterprises mainly