The Amount Of Cotton Purchasing And Storage Is Large, And The Market Volume Of Textile Enterprises Is Small.

Last week, whether international or domestic, about

The fundamentals are endless.

Since September, China's new round of cotton storage and storage has been nearly 2 months, according to the information released by the NDRC website, as of October, domestic cotton storage and storage totaled 1 million 789 thousand tons, but according to the latest statistics of China Cotton Association, up to now, the storage has exceeded 2 million 500 thousand tons.

In this regard, China World Trade Center futures researcher Gu Lingwei analysis that since October, a large number of new cotton market will help speed up the purchase and storage of cotton, so from October, there will be a sharp rise in reserves.

"These collection and storage themes make the cotton enterprises and investors confused."

Gu Lingwei said that the Fed issued a summary document of the FOMC meeting in October.

According to the minutes, some members of the Federal Reserve believe that further expansion of the scale of asset purchases should be made after the expiration of the current operational measures, and it is a natural step to further boost the depressed job market.

"This means that these members believe that further expansion of the scale of asset purchases can be accepted."

Gu Lingwei analysis shows.

"In November 16th, the China cotton reserve management company plans to close and store 131120 tons. As of 16, the total annual turnover of cotton temporary storage and storage has been 2579750 tons this year. The total turnover of Xinjiang has reached 1656920 tons, and the total turnover of the mainland has been 794110 tons, and the backbone enterprises have accumulated 128720 tons."

Gu Lingwei introduced, at the same time, the latest statistics of the National Bureau of statistics show that in October China

Output was 3 million 34 thousand tons, an increase of 468 thousand tons compared with the same period, an increase of 18.24%.

Meanwhile, Japanese Prime Minister Yoshihiko Noda reiterated her liberal stance recently. Japan needs to take all measures to combat deflation. The BOJ needs to achieve 2%~3% inflation target through unlimited easing measures to boost the Japanese economy from deflation.

Faced with these themes, Gu Lingwei believes that in the new cotton purchase and storage process this year, the storage capacity has increased substantially compared with last year.

"Compared with last year, this year

The business situation is more difficult. Last year, textile enterprises were more inclined to buy cotton from the market, and this year textile enterprises have a smaller market procurement, and cotton textile processing plants are forced to turn cotton into national reserves.

Gu Lingwei said that the current domestic cotton market has shown a steady trend in the current situation of new cotton concentrating on the market and the acquisition and storage of the state.

In terms of operation, it is suggested that light warehouse should hold more than 1301 contracts for receiving and receiving protection, and 1305 wait and see.