The Main Curtain Of The National Cotton Store Has Finally Been Officially Opened And Finally There Is No Need To Wait.

From 2015 to 2016, the national cotton reserves were officially launched. The output of cotton from 2011 to 2012 and part 2013 of cotton reserves were temporarily suspended by 2 million tons.

Despite the fourth days of throwing storage, some big textile companies are still watching.

Zhejiang Jie Lai Ya group

Xia Jingyong, general manager of Xinyue silk road limited liability company, told reporters that at present, the company still has a wait-and-see attitude toward throwing stocks. The quality is the precondition for enterprises to decide whether to buy cotton.

In 2014, the state carried out a pilot project of target price reform in Xinjiang, and decided that the price of cotton should be determined by market supply and demand, which would help reduce the cost of raw materials in textile enterprises and promote the coordinated development of the upstream and downstream industries.

This year, the official launch of the national cotton mill will affect the sales of some cotton divisions of the regiment. Yang Yuchuan, general manager of the eight division Shihezi Yinli cotton industry group, told reporters that the national cotton storage and sale will definitely affect the cotton quality of some cotton farms.

But if the quality of cotton is good, it will have little effect.

Huang Fujiang, an Economic Research Institute of the Corps, believes that the launch of the national cotton store should be viewed positively.

On the one hand, throwing storage releases the signal of structural adjustment on the supply side, guiding and warning the cotton growers to improve the quality of cotton this year. On the other hand, they choose to throw and store the new cotton seeds for the new year.

Sales have won the "time difference".

The reporter learned from the price bureau of the development and Reform Commission of the Corps that in 2015, the Corps produced and processed 1 million 351 thousand and 500 tons of lint. As of April 30th this year, the total sales of 1 million 281 thousand tons of lint, which accounted for 95% of the total processing, were sold. Except for a small number of stocks in the first division and three divisions, two, four, five, six, seven, eight, ten, and ten cotton were sold out.

BINGTUAN development and Reform Commission responsible person said that with the throwing and storage of this "boots" landing, the market will see a strong wait and see atmosphere will be broken, the national cotton stocks gradually digested, this year sales of new cotton or promote.