Source: China Dyeing and Printing Network
--- Shanghai highten Recommended reading for you : http://www.highten.net
Cambodia spread troubled companies daily production , reducing the competitiveness of cotton products , cotton reserves a huge inventory and financial pressures , declining cotton acreage and quality issues such as weaving "Cotton knot" has become China's downstream cotton textile industry must be tackled as a whole "heart knot . " The adjustment policy may be the key to unlock "Cotton knot" .
2013 , China's cotton acreage showing a downward trend , the market rose slightly in the first half of oscillation .
Concerned about the first half of 2013 the cotton market trend , but be concerned about " the cotton issue ," the twists and turns . The past two years , Cambodia spreads its daily production problems , reducing the competitiveness of cotton products , cotton reserves a huge inventory and financial pressures , declining cotton acreage and quality issues such as weaving "Cotton knot" has become China's downstream urgent cotton textile industry as a whole crack "knot ." The message indicates that the parties , the continuation of a three-year open cotton purchasing and storage policy is expected to usher in a major adjustment.
Market Review oscillation slightly upward
Data show that from January to March , the domestic cotton prices beginning from 19,200 yuan / ton rose to 19,350 yuan / ton to 19,400 yuan / ton , three months rose only 150 yuan / ton to 200 yuan / ton. 20,400 yuan / ton unlimited purchasing and storage support , and from mid- January , the state with 19,000 yuan / ton base price of cotton reserves auction began , making the overall price of cotton purchasing and storage under the influence and support of low- cast storage , presentation by stable and slightly firm trend.
After entering in April , the state purchasing and storage end , high support prices disappeared thereafter slightly weaker domestic cotton prices stable trend , the price dropped to 19,300 yuan / ton, down only about 50 yuan / ton to 100 yuan / ton, with reserves of throwing more and more, the State Reserve auction basic cotton dominant , plus imported cotton quotas 3:1 run , increasing overall liquidity . Domestic cotton spot price between 19,200 yuan / ton to 19,400 yuan / ton fluctuations. Earlier this year 328 at around 19,200 yuan price of cotton / ton , the highest in early April at around 19,390 yuan / ton , at the end of June to reach a minimum at around 19,300 yuan / ton. Overall maximum fluctuation is only 200 yuan / ton. International cotton prices are relatively strong, rushed up to 99 cents / lb or so.