Cotton Reserves Increased Sharply In 2011
Cotton reserves from China
Administration
The head office (hereinafter referred to as "China Cotton Storage General Corporation") is responsible for the specific implementation of the 2011 year.
cotton
Since the official purchase of the temporary storage and purchase has been officially launched, it has entered the seventh week of acquisition and storage pactions.
As of November 21st, 2011 cotton temporary storage and storage pactions totaled 687050 tons, an increase of 18 million tons over the 506840 tons in November 15th.
It can be seen that domestic cotton enterprises have higher enthusiasm for storage and storage, and the volume of storage and storage has increased significantly.
In November 21st, the China Cotton Storage and storage company planned to close and store 100000 tons. The actual turnover was 57140 tons, with a turnover ratio of 57%. The daily turnover increased by 13050 tons compared with the previous day.
Among them, the Xinjiang library plans to close and store 58000 tons, actually clinch a deal of 38480 tons, with a turnover ratio of 66%, and the inland Treasury plan to store and store 42000 tons, with a turnover of 18660 tons, with a turnover rate of 44%.
Due to spot
market
In the doldrums, the protective role of temporary storage and purchase policy under fixed price (19800 yuan / ton), which is not limited to the storage and purchase of cotton, has begun to highlight the importance of cotton enterprises' protection.
The central storage cotton company will make every effort to do a good job in the collection and storage period, pay close attention to the market changes, grasp the rhythm of collecting and storing rationally, arrange the storage of cotton reserves in an orderly manner, and fully implement the tasks of the national macro regulation and control of the cotton market, and ensure that the temporary purchase and storage policy plays an important role in protecting the interests of cotton farmers and stabilizing the cotton market.
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