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Cotton and other textile raw materials have new road policy

Published on:2013/12/31 11:46:20

Keyword:Cotton market prices, cotton, textile industry, research, the textile industry, the market
Introduction:2013, when the whole industry chain of low prices, lower raw material prices have become more prominent with contradictions. Downstream indigestion, r...

2013, the whole industry chain at the time of low prices, lower raw material prices have become more prominent with contradictions. Downstream indigestion, rising raw material prices also rose not want, which fully exposed the PTA body; downstream do not buy it, plus inside and outside the spread, relatively high prices of raw materials has become unfavorable factors, which embodies the most significant in the cotton body.

PTA upstream costs in the dual role of collapse with downstream consumer weakness, became a "doormat," but it is sitting on a significant production capacity, but also shows the strength of the upstream price increases, but this power somewhat helpless, after all upstream PX supply gap exists, and China in this angle also sustained a relatively high external dependence.

by cotton policies, domestic and international spread of the objective existence makes the Chinese cotton industry competitiveness sharply. "Flour than bread," market rules are not followed led to irrational price. From years ago, the price of cotton roller coaster, the domestic cotton prices a major moment, "scissors", downstream from the strong to the weak market, the industry is clearly seen in the experience, the market will play a role in the allocation of resources, will competition more comfortable. While the downstream market does not match with the policy, so that PTA industry has become the industry is squeezed PX migrant workers. Profits are diluted, the price is lower dominant, but is limited upstream position PTA industry somewhat funny.

years survey showed no willingness to farmers in cotton purchasing and storage policy in the enlarged incentive, but fell to the lowest point in 10 years. Cotton inside and outside the spread is caused by knot knot cotton spinning industry. How to protect the interests of farmers on the basis of the development of related industries is indeed a problem. How to fill subsidies, according to the amount of acres planted or harvested by the number of pounds, which are worthy of further study. The fact that so enlarged prosperity wishes to stimulate the cotton industry in cotton, and perhaps is a development path can be maintained, it is more logical market.

downstream industry chain

PTA is polyester, the upstream oil. PTA industry is to stimulate demand from downstream, while the upstream raw material to its overall impact with constraints. Therefore, under the impact of the year by the international complex environment, in particular the short-term ups and downs of oil cause greater fluctuations in the industry.

again speaking about the PX. Demonized people PX chemical products play a significant role in Chinas textile industry. After the release PX industry, private companies are not as long as capital and technology, but also to win the trust of the public, this is a difficult issue. So, out of the country, another way to become a powerful enterprise considered. After this year Hengyi Petrochemical (000703, stock it) the successful pursuit of material security out of the country, I believe that this road will be wider and wider.

in the upcoming new year, with the implementation of the cotton subsidy policy, the private enterprises to establish PX substantive advance, the market will have more stage performances, the textile industry will be more and more dynamic.

      

Keyword:Cotton market prices, cotton, textile industry, research, the textile industry, the market

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