"Reserve Cotton" Has Always Been A Hot Topic In The Industry.

Since the launch of the reserve cotton rotation in this year, "reserve cotton" has always been a hot topic in the industry.

In recent years, cotton textile enterprises in some provinces of the whole country have collectively reflected the related problems of cotton reserves to the relevant departments of the state, making it the focus of national attention.

In this regard, cotton textile enterprises recommend extending the storage cotton rotation time and increasing daily supply.

According to the reporter's understanding, at present, the relevant departments have decided to extend the rotation time of the cotton reserves for 1 months, but there is still no definite information on whether to increase the daily turnover.

"In the country to capacity, inventory, leverage, cost reduction, compensation board".

Under the guidance of the reform policy, the state has adopted the cotton placement policy to ease the problem of cotton consumption in textile enterprises, stabilize cotton prices, narrow the price difference between inside and outside cotton, enhance the international competitiveness of textile enterprises and realize the state.

The goal of stock elimination.

But in the actual implementation process, the direction of the cotton market is far from the original intention of the policy, and the cotton textile enterprises are facing the difficulties of normal production.

In April 15th, the announcement issued by the NDRC and the Ministry of Finance on organizing the sale of national cotton reserves has clearly pointed out that under normal circumstances, the number of daily sales of reserve cotton is not more than 50 thousand tons, and the number of specific rounds is based on actual pactions.

If the market price of domestic and foreign market has obviously increased rapidly for a period of time, the turnover rate of the auction sale of reserve cotton will exceed three days or more than 70% days a week, and the number of sales will be increased appropriately.

Since the launch of the reserve cotton in May 3rd, the daily turnover has been less than 30 thousand tons per day, and is lower than the daily 50 thousand tons market expectations. The average turnover rate is 97.7%. Recently, it has been 100% consecutive days.

Lu Xiping, deputy general manager of Henan Xinye textile company, is mainly responsible for purchasing raw materials. He said that the cotton problem of the company is very tight at present.

Lu Xiping said: "since June, the company's cotton stocks are in a very low state, but the cotton reserves are only more than 20000 tons per day, so the enterprises want to buy more and they can not buy them. The spot resources in the market are almost none.

The relevant responsible person of the group said that according to the cotton reserves previously issued by the state

By the end of April, the company began to compress cotton stocks in order to prevent cotton prices from falling and businesses to lose money.

But I didn't expect cotton to be bought after the cotton began to go out.

"The company has held 3 meetings the last day to discuss the shortage of cotton. Now the company's situation is that the order is full, but the cotton is not enough, and the price of cotton rises and rises again."

The responsible person said so.

Huafu color spinning related responsible person also said that before this, the micron value is lower than the C1 grade cotton, the company will not buy at all, now, the company only hoped that can buy the cotton.

Hubei's cotton textile enterprises such as Xiao cotton, Shandong Ruyi, Shijiazhuang Changshan textile, Shandong Wei Qiao and so on all indicated that the current cotton stocks of enterprises are tight, hoping to increase the daily turnover of cotton reserves to 50 thousand tons, so as to ensure the normal production of enterprises.

According to the reporter, some small and medium-sized cotton textile enterprises in some areas of Henan have been unable to produce and limit production because of the lack of cotton.

Regarding this, Zhu Beina, President of the China Cotton Textile Industry Association, said that due to the shortage of Japanese stocks in the process of putting cotton into production, the difficulty in releasing the storehouse and the participation of traders in speculation, the cotton prices rose rapidly, and the sales of cotton products further slowed down, which did harm to the cotton textile entity enterprises.

According to the total annual output of 2 million tons in 2015/2016, the reserve cotton resources can only be around 500 thousand tons before August 31st, with an average of about 18 thousand tons per day, lower than the actual cotton demand of textile enterprises.