Cotton situation analysis conference held in changsha yesterday

Cotton prices, make upstream and downstream firms had been all future cotton market situation how to become the focus of attention of the market. Yesterday, the China cotton association two 3rd council meeting and the cotton situation in hunan changsha appearing at. Delegates have forecast, 2011 cotton output or will increase but downstream demand remains strong. At the same time, in addition to MianJia highs, textile enterprise still faces many variables.

Stir MianJia soaring department funds

Cotton is the commodity market last year, the largest increase varieties from 18,000 once cotton futures surged to multiple/ton 12,500sq.m yuan/ton, or as much as 70%. Enter this year, after MianJia after a brief callback to new heights 34870 web yuan/ton.

Yesterday, the China cotton association executive vice-president and secretary when GaoFang spoke at the meeting, pointed out that "the 2010 sharp fluctuations in commodity prices, inflation high, our cotton yields decrease, increasing demand gap expanded, surging, MianJia hype thrusting, even innovation high." In her eyes, MianJia soaring mainly by money, rather than the fundamentals pushing for.

According to understand, according to the last cotton prices rise faster, cotton association held chain platform 5 times, six times situation can chamber of commerce issued by industry, to comply with government stable market of warning. "Now look, in this round of MianJia roller coaster, association most member enterprise take a quick acquisitions fast processing fast sales strategy, not involved in gambling type hype, MianJia fluctuations period of time, the spot market once marketable no city." GaoFang said.

However, GaoFang also pointed out that many problems exist within the industry, such as acquisition order chaos, cotton, cotton farmers improve quality declining revenue increased risk, circulation, textiles. High MianJia, but continues to downstream share gradually abate. Force She said, "industrial operation is near misses, but the outlook remains grim."

Cotton production or will restrain price increases

Because the cotton prices continue to rise, cotton, cotton planting will also increase the yield is expected to increase this year.

Department of agriculture plantation division at the meeting positive place pair place long dragon fit, said the end of February, planting intention survey shows that agriculture in 2011 growth across the country, including 5.4% cotton intention Yangtze river, the Yellow River 7.7 percent -- 5.7 percent, northwestern valley 2.1%. Meanwhile he pointed out that this year from view, the north drought, south of low-temperature rainy, but little effects on cotton. Now agriculture department is actively application support policies, and in order to improve production enthusiasm, increases yield cotton. Cotton farmers from WangDingWei cotton cooperative branch secretary analyzed the views of the production, he thinks this year for cotton farmers price attractive big. "Recent survey from cotton farmers branch, most regions see cotton cotton farmers have different degrees of intention to growth.

Hunan Yin cotton industry corporation chairman, vice chairman of the association HeYueGang hunan cotton in hunan province when introduced the basic situation of cotton, cotton cotton farmers also emphasizes now are very high, the actual area of enthusiasm for greater growth could.

Xinjiang autonomous region supply WangYanPing points out, director of xinjiang cotton acreage is expected to 23 million acres, growth of 5%.

Cotton output is expected to increase would inhibit prices. Anhui huamao textile Co., LTD WangGong think the, general manager of global cotton supply and demand balance or basic sales situation, this year, textile the sowing area, supply and demand, the state on inflation and monetary tightening control etc will be directly affect the next market trends, "MianJia next factors rose the space is lesser, may slow down."

Textile business save variables

Cotton price highs for textile enterprise management to bring a lot of influence. WuXi city first YiMian textile mills ZhangYan analysis, vice director when textile industry situation, and this year the situation there is greater that variables.

He said, one is cotton prices too fast, fluctuations too big, lead to poor market confidence, under suspicious guests in order; 2 it is cotton quality problem, on the one hand is to improve the quality of domestic cotton, on the other hand is to guarantee the quality of relative stability, don't cotton market a good will release, mix into water, will affect textile quality, final against the whole industry chain; Three is exists many uncertain factors, such as improved exchange rate, exit drawback policy adjustment will be produced for textile export influence, but labor, energy etc rising costs, but also for textile enterprise survival environment challenge.

Chinese cotton textile industry association deputy secretary-general WangQingCui expected this year, but continued to increase demand for cotton market but uncertain. WangQingCui introduction, the 2010 national statistical yarn production, cloth 2715 tons of 800 million meters, cotton industry profit rate of 5%, achieve higher level in history.

Cotton association study, this year beginning all over the ShaDing increased textile more, is expected to increase to cotton demand will also. Although capacity continues to add, but in textile enterprises are expected to market to intertwine, attitude cotton prices next trend becoming ambivalent, purchasing very cautious. At present? Smoked cotton textile companies less, MianJia long-term list by certain to downstream conduction resistance.

Anhui huamao textile limited company general manager WangGong think the current enterprise surroundings is complicated, the international environment appeared three big problem: namely Libya war, Japan and the European debt crisis, earthquake will affect the textile exports; 2 it is economic situation has 5 aspects of uncertainty factors, namely, the second monetary easing, inflation pressures, domestic tightening monetary policy, RMB internal devaluation and raise deposit reserve, interest, textile export tax rebates and other policies of uncertainties.

Source "Chinese textile nets"

Edit: Emma