Cotton Futures Innovation Low Textile Enterprises Production Costs Drop

< p > Jinshi futures pointed out that from the perspective of subsidy framework, the cotton farmers who meet the subsidy requirements can guarantee stable and better returns.

To textile enterprises, or to form positive.

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< p > textile enterprises from state direct procurement to customers facing market docking, although facing certain market risks, but for China's two quarter GDP year-on-year increase of 7.5% and June consumer goods retail sales nominal growth of 12.4%, the textile and garment industry or usher in development opportunities.

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< p > two, at present, a href= "http:// www.sjfzxm.com/news/index_c.asp" > cotton price difference < /a > has been narrowed, and traders' "outer cotton classics" are also hard to read.

For textile enterprises, direct subsidy makes cotton price return to market, which is exactly what textile enterprises look forward to.

The cost reduction of domestic lint is conducive to the competition of textile enterprises in the international market.

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< p > it is reported that China's cotton production in 2014/2015 is forecast to be 6 million 423 thousand tons, 544 thousand tons less than the current year; < a href= "http:// www.sjfzxm.com/news/index_c.asp" > consumption > /a > 7 million 947 thousand tons, an increase of 435 thousand tons over the current year; import volume of 1 million 742 thousand tons, a sharp reduction of 1 million 197 thousand tons compared with this year.

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< p > > a href= "http://? Www.sjfzxm.com/news/index_c.asp" > cotton < /a > supply and demand is still a pattern of oversupply.

However, the surplus volume has been reduced from 2 million 394 thousand tons this year to 218 thousand tons, showing a wide balance pattern.

However, in the new year, China's cotton ending inventory has increased by 207 thousand tons to 13 million 556 thousand tons, far exceeding the annual consumption.

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< p > under this high inventory pressure, it is difficult to predict the new cotton prices in China in the new year.

China's weekly cotton market weekly released by the Ministry of agriculture in July showed that prices continued to decline and domestic cotton yarn prices fell.

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< p > analysts believe that domestic cotton spot prices remain downward trend, domestic inventory is still in the digestion process, pressure on the domestic cotton market, but cotton sowing area and cotton growth slightly worse to support the future annual contract price, domestic cotton prices or will continue to maintain a weak operation, for textile enterprises, or will greatly reduce costs, and form a positive.

In terms of policy, < /p >

< p > recently, the Xinjiang Autonomous Region Government held a press conference in Beijing, and issued ten preferential policies formulated by Xinjiang to promote the employment of textile and garment industry, including the establishment of 20 billion yuan special funds for the development of textile and garment industry.

Many textile enterprises responsible person said that the introduction of the "opinion" brought the gospel to enterprises.

Insiders believe that the A share market is expected to benefit from the listed companies engaged in the textile industry.

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