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Cotton Prices Are Strange: There Are Southeast Asia "Tiger" Before "Wolf" In Europe And America.

2012/11/24 16:04:00 56

Cotton"Wolf" In Europe And America"Tiger" In Southeast Asia

 

This year cotton There is a very strange phenomenon in the market: on the one hand, foreign cotton prices are much lower than domestic cotton prices; on the other hand, because of the simultaneous storage and storage of national reserve cotton this year, there are two kinds of cotton prices in the domestic cotton Market: one is the State purchasing and storing price, 20400 yuan per ton, the other is the market price, the price of each ton is about 18600 yuan ~19500 yuan.


The state reserve cotton system has played a very important role in stabilizing domestic cotton prices and protecting cotton farmers' enthusiasm. The interests of the upstream industry chain are basically guaranteed. The reporter learned from the interview that cotton prices have been relatively stable in recent years compared with other crops, and the income of cotton farmers has been guaranteed. Therefore, many cotton farmers have not changed to other crops as long as the land conditions permit. But most cotton farmers do not know that their stable incomes are benefited from the state's cotton purchase and storage policy.


For the simultaneous dumping and storage, many industry insiders said that the policy introduced by the state was a good job. On the one hand, it wanted to benefit cotton farmers, but also to reduce pressure on textile enterprises.


At present, dumping has ended, but the two prices in the market have not changed. The fundamental reason is that the price gap between domestic and foreign cotton is too large. Insiders told reporters that if it were not for national policies, domestic cotton prices would follow. International cotton price Drop sharply.


The current double price is more obvious for cotton farmers, but textile enterprises have limited benefits, because the amount of cotton used in spinning enterprises is very large, and in order to stabilize costs, they rely more on imported cotton. According to the reporter, this year is downstream of the industrial chain. clothing Textile products and shoes and hat enterprises are all affected by the upside down of cotton prices at home and abroad. Exports are very light. The textile enterprises in the interlayer are in a very awkward position. Moreover, some cotton textile enterprises are also facing the problem of transferring orders from overseas customers, because Southeast Asia and other countries are more price competitive.


Chairman of Jiangsu Su Mei Da Light Textile International Trade Co., Ltd. Yang Yongqing An analogy has been made: before Chinese spinning enterprises, there were wolves in Europe and the United States. After that, there were Southeast Asian tigers. People in the industry have said that textile enterprises with multiple pressures must see their strengths and weaknesses, actively promote industrial upgrading, or get out of their predicament.

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