Cotton Prices Are Expected To Rise In The Future

< p > the new policy of purchasing and storage is ready to come out of < /p >.

< p > 2013 < a href= "//www.sjfzxm.com/news/" > cotton < /a > storage and purchase policy has not yet been announced.

Insiders pointed out that the new cotton planting will start in succession, and the new year's storage and purchase policy has not yet been promulgated, which has affected the cotton growers' enthusiasm for cotton planting, and the domestic cotton prices or rising prices in the future.

Cotton farmers will start planting cotton after /p P > Qingming.

Industry veteran predicted that the new cotton purchase and storage policy will be introduced before and after Qingming.

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The cotton purchase and storage in < p > 2013/14 will start in September 1, 2013. The market speculated that the price of the standard grade cotton in 2013 will probably be higher than 20400 yuan / ton.

Analysts pointed out that, if so, it will boost domestic and international cotton prices after September.

In addition, the first batch of import tariff quotas for cotton imports with the national cotton reserve for sale has been issued, and the estimated quantity is about 250 thousand tons.

With the April 2012 cotton to participate in the storage of cotton, the use of cotton enterprises in the short term will be restored and released.

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< p > it is understood that the number of sliding tariff quotas for the second batch of issuance will also increase significantly. It is very likely that the cotton price linkage pattern will rise in the short term. But in the medium term, cotton prices will return to a downward trend under the pressure of strong dumping (no bottom line) and a large number of imported cotton clearance.

The industry estimates that the number of quasi tariff quotas matching with the sale of national cotton will eventually exceed 700 thousand tons.

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< p > from last week, the auction situation of domestic throwing cotton reserves has improved significantly. The textile enterprises have made more than 43% of the 29 days of the national cotton storage and sale auction by filling multiple positions and competing for cotton quota.

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< p > a href= "//www.sjfzxm.com/news/index_c.asp" > cotton price < /a > expectation of increase < /p >

< p > the decline of cotton planting area, the recovery of orders from downstream textile enterprises, and the difference between domestic and foreign cotton prices are close to the reasonable axis of the historical axis. Multiple factors have led to strong domestic cotton futures prices in the near future, and there will be a new round of rising prices in the future.

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< p > according to China Cotton Association's cotton planting intention survey data in February, cotton planting area in China was 68 million 160 thousand mu this year, down 6.8% compared with the same period last year, the lowest record in 10 years.

The latest report on cotton planting intentions released by the US Department of agriculture also said that the US cotton planting area is expected to be 10 million 26 thousand acres in the new year, a decrease of 18.6% over the same period last year.

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< p > the latest data from the General Administration of Customs show that in February, China's textile and clothing exports increased by 69.67% over the same period last year, an increase of 54 percentage points over the same period last year.

Sun Liwu, a cotton industry analyst at Zhuo Chuang, said that the export data of textile and clothing were better in 1-2 months, while the rising price of international yarns showed that the demand for downstream orders had been restored and will continue.

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< p > analysts pointed out that this month, the NDRC will increase cotton throwing reserves, and will also increase the dumping ratio of "a href=" //www.sjfzxm.com "import cotton > /a" and high-grade cotton, so as to balance the industrial layout.

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