China'S First Textile Raw Materials Trading Center Officially Operates

< p > > a href= "http:// www.sjfzxm.com/news/index_c.asp" > trading center < /a > based on the advantages of Nantong's textile industry, combined with its own professional advantages, with the help of the comprehensive security zone's policies and storage facilities conditions, through online trading system, supplemented by policy guidance, attracting large importers, foreign suppliers, retail traders and purchasing enterprises to enter the central business, and strive to become a spot trading center for Jiangsu and the Yangtze River Delta region.

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< p > trading center by introducing financial support, third party quality inspection, designated third party logistics delivery of goods, reduce intermediate links, thereby reducing the operation cost of enterprises, and truly solve the worry of safety and integrity pactions of yarn enterprises.

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< p > trading center is mainly imported cotton yarn from India, Pakistan and Vietnam. It can supply 20 thousand tons per month, < a href= "http:// www.sjfzxm.com/news/index_c.asp" > cotton yarn < /a >, which provides great cost advantages and spot convenience for weaving enterprises.

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< p > a href= "http:// www.sjfzxm.com/news/index_c.asp" > paction volume < /a > is expected to reach 5 billion yuan, of which about 2000000000 yuan will be imported in the Nantong comprehensive protection area. The two phase will develop domestic cotton yarn and grey cloth trading, and the annual turnover will exceed 10 billion yuan.

The operation of the trading center will further enhance the competitiveness of the textile industry in the Yangtze River Delta.

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< p > in the first half of 2014, the textile raw material market showed a "V" shape.

According to the business data, the textile index was 990 points by the end of June 30th, a decrease of 7.82% from 1074 points (2013-02-19) of the cycle, up 6.45% from the 930 lowest point on 2012 07, 01.

(Note: cycle refers to 2011-12-01 to date).

Compared with 1023 points in January 1, 2014, the total fell by 33 points, or about 3.22%.

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< p > January, textile enterprises were beset by shortage of orders, raw materials, labor cost and so on. The demand side did not improve significantly, and continued to decline in 2013.

At the time when it was supposed to hit a 3 year low, there was a "counterattack" in mid May.

Mainly by the PTA, acrylonitrile, viscose staple fiber and other chemical fiber factory maintenance price increases the entire market.

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< p > from the half price list of textile and bulk commodities in the business community, we can see that in addition to the PTA industry chain and the acrylonitrile industrial chain market, the remaining textile raw materials are floating all over the world, thus we can see that the prosperity of the entire textile market is still not high.

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The price of P > cotton fell most in the whole textile and fall list, more than 11%.

In April this year, the state abolished the temporary purchase and storage policy and implemented the target price policy. Now the supporting rules for the new cotton policy have not yet come to the ground, and the market is expected to have strong expectations.

The order of downstream enterprises is very cautious, mainly based on the purchase of cotton reserves and imported cotton.

At the same time, imports of cotton decreased. In 1-5 months, China imported 1 million 200 thousand tons of cotton, down 45.1% from the same period last year.

The cotton farmers' enthusiasm for cotton planting in the mainland further declined. In 2014, the national cotton sowing area was 63 million 241 thousand mu, a decrease of 9 million 15 thousand mu compared with that of the previous year, a decrease of 12.5%.

At present, the financial pressure of cotton enterprises is still in the market, the market sentiment is low, and the cut down production is still rising. The market is waiting for the "direct subsidy" rules to be promulgated.

Before the launch of new cotton in September, the national cotton reserves will continue to operate in the domestic market, and cotton prices will fluctuate around the 17250 yuan / ton of throwing and storing prices.

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