NDRC: Cotton Throwing And Storage Will Be Carried Out In The Near Future

< p > recently, the national development and Reform Commission announced that the departments concerned will carry out the work of "a href=" //www.sjfzxm.com/news/index_c.asp "> cotton < /a > in the near future.

It is learnt that, because most of the cotton has entered the national reserve, it is estimated that the storage capacity will eventually reach 5 million 500 thousand tons.

To this end, the NDRC and relevant departments have decided to put cotton reserves into the market in the near future to meet the needs of textile enterprises.

As soon as the news came out, it immediately caused a great shock to the market.

In this regard, China World Trade Center futures R & D department Gu Ling Wei analysis that the news is a certain pressure on cotton, but the specific throwing and storage of cotton still need to wait, so cotton companies need to wait and see.

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< p > the public information of the NDRC showed that the temporary storage and purchase of cotton in 2012 started in September 10th.

Due to the textile demand is not strong, market cotton prices continue to be lower than the reserve price (20400 yuan / ton), and become the main way of selling cotton processing enterprises.

"Since last year, the main reason for supporting cotton prices is state purchasing and storage.

In 2012, enterprises were active in storage, and by December 28th, the total turnover exceeded 5 million 170 thousand tons, exceeding 3 million 130 thousand tons last year, accounting for 75% of the total output.

< a href= "//www.sjfzxm.com/pioneer/" > Gu Ling Wei < /a > analysis shows that the purchase and storage will end in March 31st this year, so the supporting role of the 1305 contract will gradually decrease over time.

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P > this, Gu Ling's analysis, with the arrival of the end of the year, some textile factory quotas have been depleted, the market calls for the national regulation and control policy to come out as soon as possible, and the rumor of storage and storage has increased gradually.

The macroeconomic regulation and control mode of throwing reserve prices, sliding amount of tax quotas, and throwing reserves and quotas has become the focus of the current market debate.

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< p > "in the long run, the demand for the market after the storage period is still weak.

The enterprises that buy cotton do not have the power to choose the futures purchase channel, which determines that futures' a href= "//www.sjfzxm.com/news/index_cj.asp" > price < /a > has no basis for continuous rise.

Gu Lingwei analysis shows that, on the other hand, in the short term, the recent market is shrouded in speculation, which is not conducive to the strengthening of Zheng cotton.

To this end, Gu Lingwei believes that investors in operation, the 1305 contract fell below the 19000 pass, it is recommended that more single stop loss, in view of the price close to the low, do not blindly chase empty.

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