Yesterday, Xinjiang Cotton Competition Launched 5788 Tons Of Resources.

The national cotton exchange market is scheduled for sale in July 10th. Xinjiang cotton sells 5788.622 tons of resources, including 3930.881 tons of resources in the Xinjiang reservoir area (3844.862 tons of hand picked cotton and 13050 yuan per ton).

86.019 tons, minimum price 12300 yuan / ton.

The resource is 1857.741 tons, and the lowest price is 13200 yuan / ton.

On the same day, more than 28 resources (fracture strength 28+, average length 28+) 1981.007 tons.

The library accounts for 1068.5 tons, and the inland market accounts for 912.507 tons. The minimum price quoted is 13200 yuan / ton, all of which are hand picked cotton.

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The national cotton trading market and the China cotton reserve management corporation, in its announcement on organizing the sale of national cotton reserves, pointed out that the state reserve cotton will turn out part of the national cotton reserves through the open auction in July 10th through the national cotton trading market, and the rotation time will be from July 10, 2015 until August 31st.

Industry analysts believe that the selection of the national cotton reserves in the 7 and August rounds are mainly considering the late phase of the year, increasing supply and avoiding the listing of new cotton in September.

However, judging from the national reserve cotton coming out of this round, the price does not have an advantage. At the same time, textile enterprises also have concerns about the weight and quality of national cotton reserves.

The same below) is 13200 yuan / ton; 2012 domestic cotton 470 thousand tons, the bid price is 14200 yuan / ton; 2012 cotton imports 200 thousand tons, the bid price is 15500 yuan / ton.

Other types and levels are calculated according to the difference table of color level and length level released by China Cotton Association in July 2015 to determine the bid price.

The notice said that the Notary Inspection of the cotton reserve was carried out in accordance with the national standard of "first parts of cotton GB1103.1-2012: sawtooth processing fine staple cotton", and the quality and weight of the batches of the batches of cotton should be determined by the inspection results issued by the fiber inspection department.

The items of notarization inspection of cotton reserves include: the quality of domestic cotton inspection mill, color grade, quality of imported cotton inspection mill, color grade, length, micron value, and other quality indicators shall be based on the notarization of warehouses or the results of Chinese commodity inspection.

Domestic cotton is sold in accordance with the official weight of notarization inspection, and imported cotton is sold according to the net weight inspection results issued by China Commodity Inspection.

The national development and Reform Commission said in June 30th that the state reserve cotton rotation will be based on the principle of promoting sustainable and healthy development of the industry, guiding the smooth operation of the market, reducing the financial burden and improving the cotton reserve control mechanism. It should take the form of "asymmetric rotation, first round and backward entry, and multiple rounds of production and fewer rounds" to orderly digest the state reserve cotton stocks and gradually reduce the reserve scale to a reasonable level.

The number of rounds is temporarily suspended by 1 million tons, and sales will cease after the new year begins in September.