Reserve online assemblage of cotton fabric swapped cost of the end of the latest fast increase of cotton fabric

By Zou himfr

For the stability of the cotton market, cotton farmers to shield the spare-time activities of the relevant declare ministries and commissions to the Chinese cotton open space areas Management Corporation, have liberated a yield of 2.72 million tons of cotton open space areas task. As of April 10, 2008 Cotton Collection open space areas the successful completion of online transactions, in which a total turnover of Xinjiang 1,525,200 tons, the collected turnover of China Cotton 1,196,400 tons. As of April 13, the quality of the early post-mortem storage have been 2,170,000 tons, of which 1.237 million tons in Xinjiang, China 933,000 tons.

Domestic kernel cotton fabric charges have been steady and inflation. As of April 13, from the previous assemblage of the smallest book 2 Yuan / kg up to 2.6 yuan / catty about. Sales of household cotton fabric charges since the assemblage of book program to encourage the extending increase, especially increasing charges for almost a month to 1,000 yuan / tons, as of April 13 the nationwide benchmark grade (328) the market cost of cotton fabric 12,394 yuan / ton, comprising a assemblage up reserves before the 1729 yuan / ton, or 16.2%.

Zhengzhou cotton futures contract prices in recent months, 12,865 yuan / ton, acing for a yield of higher open space areas in the past 1745 yuan / ton, or 15.7%; the national cotton market transactions in recent months, likening the average price of 12,980 yuan contract / tons, acing for a yield of higher open space areas in the past the 2111 yuan / tons, or 19.4%.

Started April 1, textile and garment trade items levy refund rate afresh expanded by one percentage issue to 16%, the most of textile enterprises that this is a good long-term principle, but the worldwide demand for a short time span of time there is a assessed boost in difficulty. At present, the textile market still continues in the doldrums, the yarn is still tough to increasing charges of raw components charges boost the force on the procedure of the textile commerce, textile commerce, it still takes time out of the bottom.

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