Cotton comes into the throw and storage season to enhance the competitiveness of the textile
Category：Industry News Date:2015-05-11 Views：1913 [BACK]
At present, the scale of the national reserve is about 11 million tons, which has exceeded the normal level. The establishment of long-term mechanism for the storage of cotton and the choice of delivery mode and delivery time according to industry development, which involves many aspects of the industrial chain, and many factors need to be considered.
For keeping the national economy's rapid growth and avoiding falling into the middle-income trap,there are a large number of reform tasks have been determined in the Third and Forth Plenary Session of the 18th Central Committee of the Communist Party of China and they are asked to be finished by 2020. The greatest potential lies in the agricultural reform, promote cultivated land centralized management and release of agricultural population, improve the rate of urbanization.So the policy is that our country will gradually change the original price control means of agricultural products, and let the market plays the role of the in the allocation of resources, through full competition urges cultivated land centrally generated staple crops, promote decentralized farmers develop all types of planting industry. At the same time, to ensure the stable development of the service industry and the manufacturing industry to absorb the transfer of agricultural population, which implement to the cotton industry, the starting point of the specific policy is to reduce the target price and promote the healthy development of the textile industry.
Before the implementation of the target price policy, for protecting the income of cotton growers we have to maintain a higher market price. This is the reason why we reserve a large number of cotton accumulation. After the implementation of the target price policy, farmers' income has been protected, the next step policy need to reduce or even eliminate the domestic and foreign price difference to tilt and remove the external shackles of influence the development of textile industry. Effective policy means have further distributed import quotas and began to put in cotton reserves. Apparently, choosing cotton reserves putting is like killing two birds with one stone, which is more appropriate.
Considering the current reserve cotton quality structure, most of the cotton only for low branch general combed cotton yarn. The field is under strong impact of imported cotton yarn, factory and equipment is in the process of eliminating. If continued for a long time, China will largely lost consumption ability of cotton reserves, even facing of dilemma for export only. So putting in the cotton reserves to narrow the price difference of internal and external cotton price and the activation of the domestic textile industry overall development has been of great urgency . Putting the whole society benefits in the first, the best delivery time, conventional launch began recently, and in September 2015 to January 2016 , new flowers centralized listing period stop the running. It avoided of double supply caused by excessive tension in the chain of funds in the market and also avoided exposure to the systematic risk of industry.
The choice about the way of putting in reserve cotton , such as the choice of fixed beginning price to put can not adapt to the rapid change of the market, higher than the market price is difficult to clinch a deal, not be able to complete the goal; below the domestic market price and higher than the price in the international market, the market quickly adjust, which will lead to transaction difficulties and not be able to complete the goal after a small amount of the transaction. If you choose to be equal to or lower than the price in the international market, in a short period of time on the market formed a strong impact, it is difficult for some enterprises . Such as the choice of floating beginning price, adjust it according to market price daily or weekly. It is easy to follow the market changes in the formation of long-term mechanism. When calculating formula slightly higher than the market price, they are still difficult to deal. Even if the market price rising, beginning price will also follow up, which is unable to achieve goals. When calculating formula is slightly lower than the market price is easy transaction and put the number through controlling. So it will not form a strong impact in a short period of time. We can look for the price equilibrium point from the market.
The large size of the reserve cotton inventory should be studied specially. In the protection of the domestic industry while minimizing the loss. It can be considered in early 2016 new flower concentrated listing after start again put cotton reserves and come up with 1-2 million tons of inventory for export auction, and suppress the price overseas , which can give foreign growers extremely pessimistic expectations. We have to combat the world's growing enthusiasm with effort and realize acreage declined substantially. Pending completion of the plant, it should be in the domestic and foreign prices were flat or slightly lower in the domestic. At this time ,we take the strategy of continuing the delivery at home and ordering abroad. The textile enterprises benefit from internal and external price reversal, the operating efficiency can be picked up significantly, most likely reproduction nearly 10 million tons of consumption level in 2009, which is a gorgeous achievement of national reserve cotton .Through the 300-400 million tons of low prices selling, it can effectively enhance the remaining 700 million tons of intrinsic value and greatly accelerate the digestion rate of cotton reserves and improve the delivery of the price of the transaction. In cotton reserves quantity reduced to a certain extent through throwing storage. We can reestablish the market balance. At this time state reserve should not be often adjust the scale. For ensuring the inventory structure, small scale reservoir can be carried out every year.
The reserve cotton also should optimize the operation process to avoid the waste of social resources. First of all, we should encourage the participation of circulation enterprises. Through baling, distribution, loaning, etc. to contribute to reasonable cotton resources allocation. If the circulation enterprises can achieve transactions in the country's highest price auction and also at a higher price to sell, which explains circulation enterprises' participating is in the rationality. Furthermore, disclosure of information should be strengthened, makes the overall policy can be expected ,which is advantageous for the enterprise planning and decision-making,specific delivery schedule and batch information can be checked in advance. It is also advantageous for the enterprise procurement schedule. Finally, we should strive to enhance service level and reduce the cycle time of enterprise from the transaction to the delivery. We should better use more informative means such as electronic delivery to improve the operating efficiency of industry.
For keeping the national economy's rapid growth and avoiding falling into the middle-income trap,there are a large number of reform tasks have been determined in the Third and Forth Plenary Session of the 18th Central Committee of the Communist Party of China and they are asked to be finished by 2020. The greatest potential lies in the agricultural reform, promote cultivated land centralized management and release of agricultural population, improve the rate of urbanization.So the policy is that our country will gradually change the original price control means of agricultural products, and let the market plays the role of the in the allocation of resources, through full competition urges cultivated land centrally generated staple crops, promote decentralized farmers develop all types of planting industry. At the same time, to ensure the stable development of the service industry and the manufacturing industry to absorb the transfer of agricultural population, which implement to the cotton industry, the starting point of the specific policy is to reduce the target price and promote the healthy development of the textile industry.
Before the implementation of the target price policy, for protecting the income of cotton growers we have to maintain a higher market price. This is the reason why we reserve a large number of cotton accumulation. After the implementation of the target price policy, farmers' income has been protected, the next step policy need to reduce or even eliminate the domestic and foreign price difference to tilt and remove the external shackles of influence the development of textile industry. Effective policy means have further distributed import quotas and began to put in cotton reserves. Apparently, choosing cotton reserves putting is like killing two birds with one stone, which is more appropriate.
Considering the current reserve cotton quality structure, most of the cotton only for low branch general combed cotton yarn. The field is under strong impact of imported cotton yarn, factory and equipment is in the process of eliminating. If continued for a long time, China will largely lost consumption ability of cotton reserves, even facing of dilemma for export only. So putting in the cotton reserves to narrow the price difference of internal and external cotton price and the activation of the domestic textile industry overall development has been of great urgency . Putting the whole society benefits in the first, the best delivery time, conventional launch began recently, and in September 2015 to January 2016 , new flowers centralized listing period stop the running. It avoided of double supply caused by excessive tension in the chain of funds in the market and also avoided exposure to the systematic risk of industry.
The choice about the way of putting in reserve cotton , such as the choice of fixed beginning price to put can not adapt to the rapid change of the market, higher than the market price is difficult to clinch a deal, not be able to complete the goal; below the domestic market price and higher than the price in the international market, the market quickly adjust, which will lead to transaction difficulties and not be able to complete the goal after a small amount of the transaction. If you choose to be equal to or lower than the price in the international market, in a short period of time on the market formed a strong impact, it is difficult for some enterprises . Such as the choice of floating beginning price, adjust it according to market price daily or weekly. It is easy to follow the market changes in the formation of long-term mechanism. When calculating formula slightly higher than the market price, they are still difficult to deal. Even if the market price rising, beginning price will also follow up, which is unable to achieve goals. When calculating formula is slightly lower than the market price is easy transaction and put the number through controlling. So it will not form a strong impact in a short period of time. We can look for the price equilibrium point from the market.
The large size of the reserve cotton inventory should be studied specially. In the protection of the domestic industry while minimizing the loss. It can be considered in early 2016 new flower concentrated listing after start again put cotton reserves and come up with 1-2 million tons of inventory for export auction, and suppress the price overseas , which can give foreign growers extremely pessimistic expectations. We have to combat the world's growing enthusiasm with effort and realize acreage declined substantially. Pending completion of the plant, it should be in the domestic and foreign prices were flat or slightly lower in the domestic. At this time ,we take the strategy of continuing the delivery at home and ordering abroad. The textile enterprises benefit from internal and external price reversal, the operating efficiency can be picked up significantly, most likely reproduction nearly 10 million tons of consumption level in 2009, which is a gorgeous achievement of national reserve cotton .Through the 300-400 million tons of low prices selling, it can effectively enhance the remaining 700 million tons of intrinsic value and greatly accelerate the digestion rate of cotton reserves and improve the delivery of the price of the transaction. In cotton reserves quantity reduced to a certain extent through throwing storage. We can reestablish the market balance. At this time state reserve should not be often adjust the scale. For ensuring the inventory structure, small scale reservoir can be carried out every year.
The reserve cotton also should optimize the operation process to avoid the waste of social resources. First of all, we should encourage the participation of circulation enterprises. Through baling, distribution, loaning, etc. to contribute to reasonable cotton resources allocation. If the circulation enterprises can achieve transactions in the country's highest price auction and also at a higher price to sell, which explains circulation enterprises' participating is in the rationality. Furthermore, disclosure of information should be strengthened, makes the overall policy can be expected ,which is advantageous for the enterprise planning and decision-making,specific delivery schedule and batch information can be checked in advance. It is also advantageous for the enterprise procurement schedule. Finally, we should strive to enhance service level and reduce the cycle time of enterprise from the transaction to the delivery. We should better use more informative means such as electronic delivery to improve the operating efficiency of industry.
