2016 What Is The Performance Of The Main Players After The Introduction Of Cotton Target Prices?

The country continued in 2016.

Implementation

The target price reform pilot project, taking into account the supply and demand of the cotton market, production cost and income and other factors, approved by the State Council, the national development and Reform Commission issued

For each ton of 18600 yuan, after the announcement, the parties showed a dull expression.

Cotton enterprises calm response

By the end of March, the operating rate of cotton enterprises in all parts of the country was obviously insufficient, and everyone was coping with the current reality. For the future, the target price customization was temporarily shelved. Due to the stimulation of cotton sale information, the cotton spot and futures market trends were not ideal.

Selling time extended to mid 4 months, although there is certain support for the lint market, but Zheng cotton futures rebounded slightly in the first half of the week, the obvious aftereffect was weak, and stagflation fell on Wednesday, of which 1605 contracts fell to 10340 yuan / ton on Friday, while the cotton spot market remained weak.

This year, the price of 18600 yuan / ton storage and sale of lint is far higher than the current market price, but the support for spot market is still weak. In order to avoid risks, cotton enterprises or multiple orders processing, or selling at a price, they dare not rush to inventory, and the local cotton ginning mills start off intermittently and operate cautiously.

截止3月25日，山东各地收购籽棉价格在2.70-2.80元/斤(衣分40%，水分8-12%)，三级皮棉出厂价在11000-11400元/吨一线(毛重、带票);河北地区籽棉收购价格在2.70-2.73元/斤(衣分40%，水分10%)，三级皮棉出厂价在11300元/吨一线(毛重、带票)，四级皮棉出厂价在10500-10600元/吨一线(毛重、不带票);湖北地区收购籽棉价格在2.70-2.80元/斤)(衣分39%，水分-13%)，三级皮棉出厂价在10600元/吨一线(净重、带票);湖南地区籽棉收购价格2.75-2.80元/斤(衣分40-41%，水分12-13%)，三级皮棉出厂报价在10600-10800元/吨一线(净重、带票);安微地区籽棉收购价格在2.75-2.80元/斤(衣分40-41%，水分12-13%)，正四级皮棉出厂报价11600-11700(净重、带票)。

Cotton farmers step by step

Cotton subsidies have been introduced, including cotton subsidies in Shandong area of 150 yuan / mu, Cotton Subsidy in Hebei area to 201 yuan / ton, Cotton Subsidy in Xinjiang as 500-540 yuan / mu, and support for cotton growers to grow cotton, but their effectiveness is different. Xinjiang region's enthusiasm is slightly higher than that of the mainland, and the new year's target price has exacerbated the gap.

Although the overall cotton planting is still decreasing, the rate of internal and underground drop is obviously stronger than that of Xinjiang. Because of the large cotton planting area in Xinjiang, it is better to grow cotton than planting other crops. For some crops which are not suitable for planting other crops, the cotton planting is still the first choice this year. The planting area of some areas has also increased slightly. Because of the advantage of no storage in the mainland, the enthusiasm of cotton enterprises in this year is not high, and cotton farmers' income is greatly reduced.

The impact of target price on cotton planting is still stronger in Xinjiang than in the mainland. Cotton farmers are still rationing their crops.

Textile enterprises pay attention to the eyes

Due to the overall economic weakness at home and abroad, the textile enterprises also face many difficulties. In the process of purchasing lint, most textile enterprises follow the strategy of "follow suit with purchase", and insist on three goods, low price purchase, which seriously inhibits the spot market of lint.

At present, the lack of high-grade lint, many textile enterprises use some imported lint supplement, and the domestic reserve cotton stock is huge. Everyone is as calm as a heart. The larger textile enterprises are waiting for the national cotton store to sell, and the raw material inventory is the lowest.

Although the target price of the new year has been promulgated and is far higher than the market price, it has not had much impact on the current business. "Sticking to the right moment" is the most sober aspiration of the target textile enterprises. No longer speculating, they will no longer speculate. The cotton market has become more calm after the ups and downs of the previous period, and the cotton market people have gradually matured from the craziness of 2008, which may be the biggest harvest in the market economy.