2016 How Will The Result Of The Cotton Rotation And The Result Of The Paction Be Launched Today?

2015/2016 year

It will be launched in May 3rd, starting today. According to the formula for calculating the rotation of the national reserve cotton rotation (No. ninth in 2016) issued by the national development and Reform Commission and the Ministry of finance, the formula for calculating the reserve price for the reserve cotton rotation will be issued on May 3rd -5, 6. The reserve price for the cotton reserve is 12021 yuan / ton, and the actual auction price shall be based on the results of the public inspection and the price difference table of the quality.

Looking at the contrast between the spot market and the market, the situation of Zheng cotton and the spot market is going to be temporarily different. Why?

In May 3rd, the sale of cotton reserves will be higher.

Now the Zheng cotton index is being callback and gradually moving closer to the spot price. After that, the price of Zheng cotton rose too high and exceeded the market's scope. Now it is in a period of adjustment.

It is understood that in order to improve the digestion speed of cotton reserves, the state has made great changes this year.

In 2016, the domestic cotton produced from the warehouse was conducted 100% public inspection (quality index package inspection, weight index batch inspection).

The quality of imported cotton is sold according to the 10% sampling inspection, and the weight is sold according to the net weight of imported goods.

In previous years, both domestic cotton and imported cotton were sampled according to a certain proportion.

In addition, the reserve cotton in 2016 not only checked the weight, color level, quality and length of the mill, but also checked the micron value, fracture strength and length uniformity index.

Imported cotton inspection indicators include color level, mill quality, length, micron value, fracture strength and length uniformity index.

In previous years, domestic cotton only checked the quality and color level of the rolling mill.

Cotton shall inspect the quality, color, length and micron value of the mill.

In terms of the volume of output, the total outgoing volume in 2015 was temporarily suspended by 2 million tons, and the outgoing reserve cotton was 2011-2012 reserve cotton and part 2013 cotton reserves.

The layout and storage of reserve cotton should be arranged according to the principle of "first in first out".

A textile enterprise official said,

The implementation of the 100% round test has been a reassurance for the auction of textile enterprises, which will largely avoid quality problems and solve the worries of textile enterprises.

In addition, increase the number of rounds, expand the scope of choice of enterprises, facilitate enterprises to auction to meet the needs of lint.

It can be seen that this year there has been a great change in the quantity, structure and mode of public inspection of cotton reserves, which has provided many conveniences and guarantees for the auction of enterprises, and will also lay a solid foundation for orderly digestion of reserve cotton stocks.