Since September 8, the 2011 domestic cotton interim storage and storage plan was officially launched. At present, domestic reserve cotton stocks are about 250,000 tons, and there are nearly 3.5 million tons of storage capacity. For the low-lying cotton market, there is a strong ability to purchase and adjust, and it can have a stronger support role for cotton prices.
However, the downstream consumption of cotton is still sluggish. Demand has not yet been effectively activated. Currently, there are still many stocks in the mills, which can maintain 30 days of production, which is almost half of the time compared to normal conditions. Yarn destocking in the domestic cotton spinning industry Not finished.
It is an indisputable fact that new cotton is going to be listed and increased in succession. Although the policy of purchasing and storing can help the cotton price to stabilize and stabilize in the short term, whether the price of cotton can be re-emerged is still subject to downstream market digestion and inventory reduction. stand by.
At present, monetary policy is tight, to some extent, the degree of tension in the cotton industry chain funds has been increased. In particular, the new cotton will be listed on the market in a short period of time. The lack of funds will make it difficult to boost the acquisition of new cotton.
At present, the textile industry is facing the turmoil in Europe and the United States debt market, and the pressure for the appreciation of the export space is squeezed. The high cotton price hurt the downstream textile enterprises and lowered the dilemma of dampening cotton planting enthusiasm. The multiple negative factors in the cotton market have not disappeared.
The collection and storage policy and the 19800 purchase and storage price have now become the life-saving straw for cotton prices. However, it is a fact that new cotton will be listed and increased. The downstream textile enterprises are still in the stage of consuming inventories and waiting to see a strong mood. The global economy is affected by Europe and the United States. The impact of the debt crisis has slowed down. In the absence of substantial positive stimulus, the cotton market is unlikely to rise.
However, the downstream consumption of cotton is still sluggish. Demand has not yet been effectively activated. Currently, there are still many stocks in the mills, which can maintain 30 days of production, which is almost half of the time compared to normal conditions. Yarn destocking in the domestic cotton spinning industry Not finished.
It is an indisputable fact that new cotton is going to be listed and increased in succession. Although the policy of purchasing and storing can help the cotton price to stabilize and stabilize in the short term, whether the price of cotton can be re-emerged is still subject to downstream market digestion and inventory reduction. stand by.
At present, monetary policy is tight, to some extent, the degree of tension in the cotton industry chain funds has been increased. In particular, the new cotton will be listed on the market in a short period of time. The lack of funds will make it difficult to boost the acquisition of new cotton.
At present, the textile industry is facing the turmoil in Europe and the United States debt market, and the pressure for the appreciation of the export space is squeezed. The high cotton price hurt the downstream textile enterprises and lowered the dilemma of dampening cotton planting enthusiasm. The multiple negative factors in the cotton market have not disappeared.
The collection and storage policy and the 19800 purchase and storage price have now become the life-saving straw for cotton prices. However, it is a fact that new cotton will be listed and increased. The downstream textile enterprises are still in the stage of consuming inventories and waiting to see a strong mood. The global economy is affected by Europe and the United States. The impact of the debt crisis has slowed down. In the absence of substantial positive stimulus, the cotton market is unlikely to rise.
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