Cotton Purchasing And Storage Policy Difficult To Resist Weak Market

Since September 8th, the domestic cotton temporary storage and purchase plan has been officially launched in 2011.

Current domestic

However, the downstream consumption of cotton is still in the doldrums, and demand has not been effectively started. At present, there is still more stock in the cotton mill, which can maintain production for 30 days, nearly half of the time under normal conditions, and the yarn de stocking of the domestic cotton textile industry has not yet been completed.

New cotton will soon be on the market and increase production is an indisputable fact, although the purchase and storage policy can play a role in Kyushin Pills's short term stabilization and stabilization, but whether the cotton price can rise again remains to be supported by the digestion and inventory reduction of the downstream market.

At present, monetary policy is tight, to a certain extent, has increased the tension of the capital of the cotton industry chain, especially the new cotton will soon.

At present, the textile industry is facing the turmoil of the debt market in Europe and the United States. The appreciation of the renminbi is squeezed by the export space.

The cotton price is high, which has hurt the downstream textile enterprises, and has weakened the dilemma of cotton growers' planting enthusiasm. The multiple negative factors of cotton market have not dissipated.

The purchase and storage policy and the 19800 purchase and storage price have become a life-saving straw for stabilizing cotton prices, but the fact that the new cotton will soon be on the market and increase production is a fact. The downstream textile enterprises are still in the stage of consuming inventory and watching emotions, and the global economy.