Restrictions On The Continuous Reduction Of Cotton Stocks In Zhangjiagang Bonded Area Are Only Rumors.

< p > in recent months, the cotton stocks of the "a href=" //www.sjfzxm.com/news/index_p.asp "> Zhangjiagang < /a > bonded area continued to decrease, from 120 thousand tons at the end of June to the current 4 million tons.

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< p > up to the end of November, Uzbekistan cotton 20000 tons, accounting for about 40% of the total cotton stocks outside the bonded area, about 7000 tons of cotton in the United States, accounting for about 14%, 6000 tons of cotton in India, about 12%, 2500 tons in Australia cotton, about 5%, and the remaining cotton in Pakistan and other countries are about 1000 tons.

The stock of Ukrainian cotton, Australia cotton and Pakistan cotton store has been increasing gradually in recent years, and cotton stocks in other countries have been decreasing. The top four cotton sales in the ports in September are Uzbekistan cotton, India cotton, American cotton and Australia cotton.

According to the current cotton inventory reduction of 6000-10000 tons per month to calculate the speed, before the lunar new year, the Zhangjiagang free trade zone outside cotton inventory will drop to about 30 thousand tons, basically returned to normal level.

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P > according to the head of the textile raw material market, in the near future, the order of downstream textile enterprises has been slightly warmer and the purchase of raw materials have increased, but the substantial decline in the quantity of raw materials is mainly due to the "full 40% customs clearance" policy issued by the state, which prevents the phenomenon of selling quotas. At present, the prices of imported cotton quotas in the market are 4000 yuan / tonnes, and the trade quotas sold by trade quotas will lose 200 yuan / tonnes, while the profits are only about 200 yuan / tonnes after the full tariff of 40% customs clearance, but the traders can return the funds in time, therefore, the high foreign cotton stock can be digested.

Since June this year, buyers have been using the 40% full tax payment to import cotton, and the quota of imported cotton has not been used. Most of the purchased cotton is West Africa, Brazil and < a href= "//www.sjfzxm.com/news/index_f.asp" > India cotton < /a >.

Judging from the recent situation of port pactions, the number of foreign cotton sold under the quota of 1% tariff processing trade accounted for 20% of the total, sliding tax accounted for 15%, and 40% tariff accounted for 65%.

According to the cotton price of 85 cents / pound, even after paying 40% of the total tariff, there is still an advantage over the domestic cotton price after tax. Therefore, textile enterprises purchase is very active.

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< p > in addition, for market rumors, the port has introduced restrictive policies on the 40% tariff customs clearance, and the Zhangjiagang bonded area < a href= "//www.sjfzxm.com" > textile raw material < /a > market leader said that there was no relevant policy at present, only the port price examination was stricter than before.

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