Experts: Late Cotton Risk Is &Nbsp; Cotton Price Shocks Enterprises In The Year.

Today's domestic cotton

At present, cotton prices have been significantly reduced, cotton prices in many cotton regions have stabilized, cotton shipments have strong intentions, and some cotton traders are actively shipping, and they are willing to sell small quantities of cotton in hand.

With the delay in policy, cotton enterprises believe that the risk of cotton business increases in the later stage, while textile enterprises are looking forward to the issuance of cotton reserves.

In addition, some ginning plants have already sold the cotton in hand, and have begun to overhaul the machines ahead of time to prepare for the new annual rush.

Cotton is expected to be listed in the new year.

This year's cotton price will stabilize slightly with the introduction of the policy.

Prices continue to rise this year, and up to now, there seems to be no "U-turn" meaning, which makes the domestic cotton textile enterprises generally reflect the difficulty of buying cotton and pporting cotton.

The latest situation is that some cotton spinning enterprises have built factories in Xinjiang, and signed a 7.2 yuan / kg guaranteed purchase price with local cotton growers.

Xu Wenying, vice president of China Textile Industry Association and President of China Cotton Textile Industry Association, said that cotton prices began to increase since last October and reached 14833 yuan / ton by the end of last year.

As of June 30th this year, the domestic 328 cotton spot index was 18309 yuan / ton, up 42.6% over the same period last year.

"At present, the trend of cotton rising is still continuing, and each ton has increased by more than 8000 yuan from the beginning of last year."

The rise in cotton prices is not scary. What worries cotton mills is whether they will have money or buy Cotton in the future.

There are at least three reasons for the rise in cotton prices: first, the surge in foreign orders this year stimulated the demand for cotton by textile companies, while domestic cotton production is decreasing.

Secondly, the decline of world cotton production has a direct impact on the import of cotton by domestic cotton textile enterprises.

It is understood that India has restricted exports because of its lack of cotton.

Finally, middlemen maliciously hoarded and drove up prices.

Because of the state's suppression of the property market, some hot money has been converted to cotton.

The continuous rise of cotton prices is likely to bring greater pressure to the cotton textile enterprises that have just slowed down.

In response, experts in the industry called on the departments concerned to adjust the sliding tax of cotton imports and unify the value-added tax from the purchase of cotton and the value-added tax, so as to solve the problem of "high tax and low deduction" of cotton value-added tax.