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Market Price: China'S Cotton Price Has Become The Most Expensive In The World.

2013/6/15 10:21:00 98

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< p > from the per unit area yield per mu, China's cotton is the highest in the world, almost two times that of India. It should be said that China's cotton should be very competitive in the world, but the actual situation is that China's cotton price has become the most expensive in the world.

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< p > the biggest promoter of this strange phenomenon is the cotton purchasing and storage policy implemented by the state from 2011.

The purpose of cotton purchasing and storage is to stabilize market price fluctuations, protect farmers' interests and cotton planting enthusiasm, but for three years since the implementation of policies, it has fallen into a dilemma: cotton growers' income growth is limited and cotton spinning industry is seriously damaged. At the same time, huge quantities of cotton reserves also make the national finance bear enormous burden.

A series of second reports on the crisis of cotton spinning industry: embarrassment of cotton storage and storage.

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< p > according to the voice of the economy, since 2011, the cotton purchase and storage price has increased from 19800 yuan / ton to 20400 yuan / ton, and this year will continue to maintain 20400 of the price.

But at the same time, international cotton prices fell to 15000 yuan / ton all the way.

In order to reduce the pressure of domestic high cotton prices on cotton spinning enterprises, the state has implemented the 3:1 quota of import quotas, that is to say, cotton spinning enterprises must purchase 3 tons of domestic cotton to get 1 tons of imported cotton quotas.

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The quota ratio of < p > 3:1 is a drop in the bucket for the current cotton textile enterprises, but what worries the enterprises is that the quality of cotton has dropped sharply since the purchase and storage.

In order to achieve the national storage level, mixing high grade cotton and low grade cotton has become a hidden rule. After mixing, the spinning of high end yarns is not up to standard, and spinning low-end yarns is too wasteful, which makes it difficult for enterprises to grasp.

Chen Jiaolan, general manager of Guangdong a target= "_blank" href= "//www.sjfzxm.com/" > textile "/a", said that they are now afraid of filming cotton from the national reservoir.

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< p > Chen Jiaolan: you take a bunch of, hanging the brand is 3 levels, but most of the country accounted for about 70% is 4 or 5 level, may be in 2005, or the cotton in a few provinces are concentrated in a bundle, the quality can not meet the requirements, the cotton is really no way to use, so they dare not shoot.

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< p > the biggest motivation of the cotton purchase and storage policy is to protect cotton farmers' interests and production enthusiasm. However, in the past three years, cotton farmers have been earning a question mark, but the cotton planting area has increased by 600 yuan per ton in 2012, but the planting area decreased by 10%.

In response, Yang Shibin, assistant president of China Textile Industry Federation, said: < /p >


< p > Yang Shibin: This is very simple. Farmers grow cotton, circulation enterprises receive cotton and cotton spinning cotton is the three.

Nowadays, people who grow cotton do not get much money. People who use cotton can not afford to use it. These accounts are clear accounts, which must have resulted in great expense in circulation.

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< p > a cotton spinning enterprise in Laiwu, Shandong, told reporters that since the purchase and storage, the prices of key elements related to cotton production have all risen, and the money of state subsidies can hardly be left in the pockets of cotton farmers.

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< p > Enterprise: cotton farmers do not applaud, why, because they all know that the price of cotton has increased, so the corresponding series of fertilizers, pesticides and seeds, including the current picking cost, all know that your cotton has increased money. I originally had 1 yuan per mu, and now I can't do it. Now I have to give me five yuan and six yuan, so that is the case.

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< p > the more serious reality is that as the total amount of cotton storage and storage increases rapidly, the inventory risk is being amplified.

At present, the state reserve stock of cotton is about 8 million tons, which is equivalent to the annual cotton consumption of China's textile industry. If combined with the storage in 2013, the total volume will probably exceed 13 million tons.

This means that the state occupies about 200000000000 of the capital for storage and storage, plus a huge amount of warehousing costs. The cost of each year of storage is reduced by one level, which can be described as a heavy financial burden.

Others are worried that if the inventory is not cleaned up in time, the cotton storage and storage this year will become a problem.

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< p > such a huge inventory is like a huge dammed lake, which is hanging over the top of China's cotton industry chain. The policy of purchasing and storage is also in a dilemma: if we continue to buy and store, the pressure of the funds will be heavy and the national finance will be overburdened. If we let out the stock market, the market will move violently, and it will hurt the domestic cotton farmers and destroy our cotton industry.

Chen Jiumei, director of China market director of PCI, the world's leading textile fiber consulting firm, worried about: < /p >


< p > Chen Jiumei: what is this concept? The world only uses 24 million tons, so you have about 10000000 tons of stock at once, who will consume it? This is a big problem.

If the stock starts to sell, it will cause the global price to fall, so we are worried that the higher the cotton stocks will be, the greater the impact will be on the market. No one knows what will happen in the cotton market. It is dangerous. It is sure that the market will pass a bigger adjustment.

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In the face of the current predicament, there are also voices saying that although the domestic high cotton prices have an impact on the cotton textile industry, some of them are small and low-end enterprises, which objectively promote the upgrading of P.

But the reality is that cotton spinning enterprises are circling around the cotton, and have no energy to manage and research and develop products.

Zhan Lingzhi, chairman of Anhui Huamao, lamented that even upgrading the industry must be carried out in a more market-oriented way.

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< p > Zhan Lingzhi: if the enterprise is completely competing under a fair condition, it will die. If the company dies in an unfair environment, it will be too wronged. I don't understand why Chinese enterprises should die.

My yarn is going to compete in the international market, but my cotton can not be bought in the international market. We have only one request to help us compete fairly in the international market. I do not want to give us any more policies. We hope to compete fairly.

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Read the next article

The Domestic Price Of Cotton Is Much Higher Than That Of The International Price, With An Average Price Of 5000 Yuan Per Ton.

Domestic cotton prices are five thousand or six thousand yuan higher than that of the international market per ton, while cotton accounts for 7 of the total cost of cotton textile enterprises. This is equivalent to that if the domestic cotton spinning is used, the cost per ton of cotton yarn products enterprises should be three thousand or four thousand yuan, and the average cost of cotton yarn per ton is 30 thousand yuan, and the overpayment cost will reach 10%.