To Prevent Cotton Prices From Plummeting, Many Countries Expect Cotton Stored In The Country To Get Married First.

< p > "do not cancel the purchase and storage, the domestic and foreign cotton price difference is so big, the enterprise cannot eat; now cancels, the cotton price may fall sharply, keeps up with the yarn to be able to fall sharply, how does the stock do? The profession will still receive the heavy blow. This year will be a difficult year. " Huafu color spinning [-2.02% Fund Research Report] Song Jiang, director of Limited by Share Ltd operations, said that after the abolition of the auction price this year, the pending storage plan has always been the heart of the enterprise. < /p >
< p > at the beginning of this year, Zhu Beina href= "//www.sjfzxm.com/news/index_c.asp" > China Cotton Textile Industry Association < /a > president, Zhu Beina visited 1540 cotton spinning enterprises. "The situation started this year is worse than last year, and many enterprises are waiting to see it." Zhu Beina said that enterprises hope to narrow the price difference between domestic and foreign cotton, but they do not want the national cotton and cotton to be thrown to the market in an instant. < /p >
The freight problem of < p > a href= "//www.sjfzxm.com/news/index_c.asp" > reserve cotton < /a > is also not enough for enterprises. Xinjiang quilt is considered to be the best quality cotton, but the Xinjiang cotton auction is designated in Xinjiang, and the cost of Xinjiang cotton transportation needs all enterprises to bear. "In Jiangsu, we are still more active in filming, and no one wants to shoot in Xinjiang." Tang Qiyi, chief of supply and marketing department of Wuxi one cotton textile Co., Ltd. < /p >
< p > more enterprises appeal that cotton farmers should pay more attention to cotton quality while trying cotton growers direct subsidy and increasing cotton growers' planting enthusiasm. Jiangsu Yueda Textile Group is highly competitive in the field of high count yarn with high added value, but Chen Rong, general manager, said that domestic cotton materials are few. "Last year, the company stored 6000 tons of cotton, of which 1000 tons of Xinjiang cotton, but finally used only a few tons. There are too many three silk in the cotton bag, which can not be used at all. If our knitted cotton is really used in domestic cotton, it will also be defective or inventory. < /p >
< p > in the wait and see, Yueda began to inspect the market in Ethiopia and planned to open the textile industrial park in the area. "When the real estate cotton, the port is closer to Spain, it can support the more than 600 shops of the Spanish clothing brand we bought." Chen Rong said that even if the cotton temporary purchase and storage system was abolished, if it remained in the country, even if it was to go to Xinjiang, it would still be difficult for enterprises to make profits this year. "Can only escape, run away quickly, the global layout." < /p >
< p > the first step to escape from Yueda is Tianhong textile. Today, nearly half of the capacity of the rainbow is set up in Vietnam, mainly in the core spun yarn market, while domestic factories only use chemical fibre and high value-added products. This layout has increased the net profit of rainbow last year by more than 8%, far exceeding the industry level. < /p >
< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > cotton > /a > provisional collection and storage system is coming to an end. Why should outstanding textile enterprises escape? The issue of import quotas is still unsolved. < /p >
< p > according to the WTO agreement, our country quotas import 894 thousand tons of cotton every year, 1% preferential duty, and the imported cotton which is outside the quota, the government adds 5% to 40% sliding tax. The purpose of sliding duty is to reduce the impact of imported cotton on the domestic cotton market and ensure the cotton farmers' income. However, due to the formulation of import quotas, China's textile production capacity is only about 30000000 spindles, and now there are 130 million spindles, resulting in a quota far smaller than demand. < /p >
< p > quotas failed to protect the interests of cotton farmers, failed to improve farmers' enthusiasm, but instead fostered a number of quotas and bred corruption, which was a typical intervention in the market with planned economy. Xu Wenying said that China's cotton planting area decreased by 6% to 8% in 2013 compared with 2012. Cotton planting area is expected to decrease by 8% to 10% this year. Quotas exist in the most difficult time of industry, making money in speculation and scalping in import and export trade. Only by increasing or even eliminating quotas can Chinese enterprises really make use of the two markets at home and abroad. < /p >