How To Attract Textile Enterprises To Actively Auction Cotton Reserves?

Country Reserve cotton In the beginning of the round, some cotton enterprises involved said: in order not to suppress the market and meet the needs of textile enterprises, the national cotton mill has made a series of improvements, and the auction has certain attraction for the cotton enterprises concerned. Spin Companies say they will remain cautious. Cotton companies believe that the following aspects can attract buyers to participate in the auction:

　　 The number of bundles is relatively low.

In order to meet the needs of textile enterprises and ease the financial shortage of enterprises, this year's state reserve cotton round out rules stipulate that the number of bales in principle is less than 200 tons (less than the number of bales in previous years). If enterprises need to purchase large quantities at a time, they can apply for bundles to the China reserve cotton General Corporation in advance, so that they can meet the needs of large and medium-sized textile enterprises. Moreover, the low number of bundles reduces the amount of enterprise capital, and can complete the smooth circulation of bidding.

　　 Capital services.

In order to ease the shortage of funds in the procurement of state cotton, buyers can purchase national cotton as collateral to the whole country. cotton The transaction market applies for capital services, thereby alleviating the tight financial situation of enterprises and solving the worries of purchasing enterprises.

　　 The delivery procedure is simplified.

This year, we implemented the electronic verification service of the reserve cotton warehouse, and the bidder downloaded the purchase and sale contract of the reserve cotton from the national cotton trading market. After the contract was uploaded and stamped, the China cotton reserve information center confirmed the contract payment to the account, and within 24 hours passed the electronic information verification platform to carry out the electronic verification of the reserve cotton outlet Library of the contract, and generated the verification code. Everything is operated from the Internet, and the time of taking delivery of goods is shortened.

　　 Cotton auction price is low.

　　 Reserve cotton The implementation of the two round of public inspection, it is understood that the 2011 real estate cotton test results are more than 32, 13, 23, 33 level, the test results are relatively low, without considering other indicators to increase the premium, 2011 real estate cotton auction bid price of 11600--12300 yuan / ton, low price is the main reason to attract enterprises to participate in the auction.

Although there are a series of attracting factors, some textile enterprises still expressed cautious participation in the auction. Initially, they will take a wait-and-see attitude. For the most popular 2011 auction of real estate cotton, some enterprises put forward that the quality of cotton in real estate in 2011 was low, when the average level of notarization examination was at grade 4.05, although the bid price was lower, most textile companies used textile high count yarn as the main product, demanding higher quality of raw materials, and low quality lint was difficult to satisfy the production of enterprises. In addition, if the reserve cotton auction price is low and the spot price may be lowered, the purchase of lint from traders or spot cotton enterprises will be flexible, and it can be seen in bulk and in small quantities. Therefore, some enterprises have not yet carried out the substantive work of auction, and still have a wait-and-see attitude.