2016 When Will The Rules For The Delivery Of Cotton Reserves Come Out?

Near the year's end, after the cotton market is calm,

Undoubtedly, the turn out is a topic of great concern to all.

As early as the end of 2015, the market parties had made various predictions about the time and price of the cotton reserves.

According to the reporter's understanding, at present, the detailed rules for the delivery of cotton reserves are at the stage of deliberation, and there is still some time left for finalization. After all, the formulation of the reserve cotton rotation method must be fully discussed and demonstrated.

Of course, due to different positions, the relevant suggestions on cotton reserves are different.

For example, in the specific rotation time of cotton reserves, Hebei new east textile.

Wang Xiaodong, President of the limited company, once said at the fourth China cotton industry elite forum that the rotation time of cotton reserves should be around May 2016. Cai Yajun, chairman of Hubei Yinfeng group, believed that it would be more reasonable to launch the rounds in June or July, and gave relevant reasons.

Cai said that the current

The market is facing the situation of prominent structural contradictions and overcapacity. Since 2015, the consumption of new cotton in China has been less than 2 million tons since the year of the year. If this year is calculated according to the output of 5 million tons, there will still be about 3 million 500 thousand tons of new cotton, and if it consumes 500 thousand tons a month, it will last until the end of June.

The price of cotton reserves is a hot topic now. According to what standard, the price decision making department is quite a headache for the relevant decision-making departments. The cotton spinning industry chain is also arguing. However, there is something in common, which suggests that the market price should be taken out of the market to avoid the price being too low to suppress the spot market.

Tsai believes that the current cotton price index should be issued in order to protect the circulation enterprises and protect the textile enterprises.

Chen Tao, general manager of Louis Da Fu (China), said that the formulation of the reserve price can be determined by floating with the Cotlook A index. The index is the same price as the 5 lowest price countries in the world, M level 1-1/8 "and the average price of cotton delivered to Bremen in the cotton price of the same day. The price is unlikely to be affected. The cotton trade in Uzbekistan is based on the index, and the US subsidy policy also uses the index as the basis.

In addition, we are concerned about how to further improve the regulation mechanism of cotton reserves.

Hebei Xin Da Dong Wang believes that the reserve cotton should be graded and ready to shoot. Both the quality of the cotton and the medium and low grade cotton should be turned out, and the price of medium and low grade cotton should be in line with international standards (India price).

The price of cotton reserves should be increased. The first thing is to properly protect the normal production enterprises (middle and top grade products). Two, we should adjust the industrial structure and change from output to quality.

At the same time, it is suggested that a comprehensive re examination should be carried out on the important indicators of cotton reserves. The storage enterprises should be more concerned about the length, horse value, strength and short staple, and can take what they need.

In 2016, what kind of "real capacity" will come out of the cotton reserves?