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Cotton Planting Area Showed A Downward Trend In The First Half Of The Year, The Market Rose Slightly In The Oscillation.

2013/7/31 18:45:00 18

Cotton PlantingCottonTextile

< p > the Khmer price difference, which has troubled the daily production of enterprises, the competitiveness of cotton products is reduced, the stock of cotton reserves and financial pressure are huge, the cotton planting knot woven by the problems of cotton planting area and quality decline has become the "knot" of the downstream cotton spinning and even the whole "a" target= "_blank" href= "//m.pmae.cn/" > textile < /a > industry. And the adjustment of policy may become the key to untie the "cotton knot". < /p >
< p > 2013, China's cotton planting area showed a downward trend, and the market in the first half rose slightly in the oscillation. < /p >
< p > to pay attention to the trend of cotton market in the first half of 2013, we must pay attention to the "cotton problem". In the past two years, the Khmer price difference has troubled the daily production of enterprises, the competitiveness of cotton products has been reduced, the stock of cotton reserves and financial pressure are huge, and the "cotton knot" woven by the problems of cotton planting area and quality decline has become the "knot" of the downstream cotton spinning and even the entire textile industry. According to information from all sides, the open cotton purchase and storage policy of our country which has lasted for 3 years is expected to usher in a major adjustment. < /p >
< p > Market Review oscillation small and medium upward > /p >
< p > data show that in 1~3 months, domestic cotton prices rose from 19200 yuan / ton at the beginning of the year to 19350 yuan / ton to 19400 yuan / ton, and only 150 yuan / ton to 200 yuan / ton in 3 months. By 20400 yuan / ton unlimited storage support, and since mid January, the state began to auction cotton reserves at the basic price of 19000 yuan / ton, making the overall price of cotton in the influence of purchasing and storage support and low price dumping, showing a slightly stronger trend in stability. < /p >
< p > the end of the state's purchase and storage, the high support price disappeared, and then the domestic cotton prices steadily weakened slightly, and the price dropped to 19300 yuan / ton, or only 50 yuan / ton to 100 yuan / ton. With the increasing reserves, the national cotton store auction was basically dominant, plus the 3: 1 import cotton quota distribution, the overall circulation increased. Domestic cotton spot price fluctuates between 19200 yuan / ton and 19400 yuan / ton. At the beginning of this year, the price of the 328 grade cotton was around 19200 yuan / ton, reaching the highest level in the early April at 19390 yuan / ton, reaching the lowest level in the end of June at around 19300 yuan / ton. The overall maximum fluctuation is only 200 yuan / ton. International cotton prices are relatively strong, the highest to 99 cents / pound. < /p >
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