Reserve online assemblage of cotton fabric swapped cost of the end of the latest fast increase of cotton fabric
For the steadiness of the cotton fabric market, cotton fabric ranchers to defend the concerns of the applicable state ministries and charges to the Chinese cotton fabric reserves Management Corporation, have handed out a assemblage of 2.72 million tons of cotton fabric reserves task. As of April 10, 2008 Cotton Collection reserves the thriving culmination of online transactions, in which a total revenue of Xinjiang 1,525,200 tons, the built up revenue of China Cotton 1,196,400 tons. As of April 13, the value of the early post-mortem storage have been 2,170,000 tons, of which 1.237 million tons in Xinjiang, China 933,000 tons.
Domestic kernel cotton fabric charges have been steady and inflation. As of April 13, from the previous assemblage of the smallest book 2 Yuan / kg up to 2.6 yuan / catty about. Sales of household cotton fabric charges since the assemblage of book program to encourage the extending increase, especially increasing charges for almost a month to 1,000 yuan / tons, as of April 13 the nationwide benchmark grade (328) the market cost of cotton fabric 12,394 yuan / ton, comprising a assemblage up reserves before the 1729 yuan / ton, or 16.2%.
Zhengzhou cotton futures contract prices in recent months, 12,865 yuan / ton, acing for a yield of higher open space areas in the past 1745 yuan / ton, or 15.7%; the national cotton market transactions in recent months, likening the average price of 12,980 yuan contract / tons, acing for a yield of higher open space areas in the past the 2111 yuan / tons, or 19.4%.
Started April 1, textile and garment export tax rebate rate again increased by one percentage point to 16%, the majority of textile enterprises that this is a good long-term policy, but the international demand for a short period of time there is a marked increase in difficulty. At present, the textile market still remains in the doldrums, the yarn is still difficult to rising prices of raw materials prices increase the pressure on the operation of the textile industry, textile industry, it still takes time out of the bottom.
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