How do you think the reserve cotton will be released?
Distance3Month6There is less than the cotton reserve left after the cotton rotation20days. During this period, all cotton reserve warehouses are working overtime to inspect the state cotton reserves for2017The state-owned cotton reserve has successfully rotated out the final planning work.
Once the reserve cotton is released, the market structure, especially the supply and demand structure, will undergo huge changes. So, when the cotton reserves are about to be released, how will the various market entities react?
Cotton farmers: People in the past have gone by the yellow crane, and this place is empty and hateful
Cotton farmers have little reaction to the immediate release of reserve cotton. Lao Li, a large cotton farmer in Cangzhou, talked about two aspects from the perspective of cotton farmers: the sales of seed cotton have basically ended, and the subsequent rise and fall of cotton prices will have little actual impact on cotton farmers. On the 15th, more than 90% of the seed cotton sales in Hebei and Shandong provinces were completed, and most cotton farmers kept the remaining unsold seed cotton for their own use. Cotton farmers are not paying much attention to the cotton reserves. Second, it may have an impact on the sown area in 2017. How much cotton can be sown in the Yellow River Basin in 2017 is definitely related to the cotton price in the first half of this year. If cotton prices rise sharply after the reserve cotton is released, the cotton area in the Yellow River Basin is expected to recover part of the lost ground this year.
Cotton enterprises: love is also long, hate is also long
Cotton companies pay close attention to the cotton coming out of the state reserve. First, they pay attention to the bottom price of cotton coming out of the state reserve. Second, they pay attention to the quality of the cotton coming out of the state reserve, especially the year and place of origin.
On the 16th, a person in charge of a Shandong 400 ginning factory said that the current cost of real estate cotton reached 16,000 yuan/ton. If the reserve price of cotton from the State Reserve is too low, companies will definitely fall into losses. On the contrary, the cotton stored in the ginnery is still marketable. Therefore, for cotton companies, it is more hoped that the minimum price will not be set too low, and it can also give certain space for the spot lint cotton that has not yet been sold.
A cotton company boss said that they “love it for a long time and hate it for a long time” when it comes to the rotation of cotton reserves. The key is how much benefit it can bring to everyone.
Textile companies: hold back your energy and wait for the boots to fall
Most textile companies have stopped purchasing spot goods, raised enough funds, visited surrounding cotton reserve warehouses, and bid for the reserved cotton as soon as it is released from the warehouse.
“You can’t go wrong by buying more state-reserved cotton. Traders who bid for state-reserved cotton last year made a lot of money.” On the 16th, the person in charge of a textile company in Zhengmian, Henan said that a On the one hand, when the state reserve cotton is sold out of the warehouse, the price of state reserve cotton will become the mainstream price in the market; on the other hand, cotton production will be significantly reduced in 2016, and enterprises can only choose state reserve cotton, which is the well-deserved market leader.
What do you think of caring about the State Reserve? Feedback from most enterprises mainly focuses on three aspects: first, the state-owned cotton reserves produce a lot of Xinjiang cotton; second, the years of the state-owned cotton reserves are mainly cotton from 2012 and 2013, and they hope to strictly inspect the quality before leaving the warehouse to ensure that the cotton is fully stocked. quantity to reduce quality disputes after delivery; third, we hope to reduce the problem of weight loss.
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