Cotton Prices Exist Within And Outside Cotton Enterprises Need To Do A Good Job Of Risk Management

< p > China is < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > big country, but the demand of Chinese textile industry is not strong now. After 2000, cotton price has already been over 6000 yuan low, and also has gone crazy for more than 30 thousand yuan in 2011. At present, the spot price basically is 19000 yuan / ton.

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< p > because of the price difference between domestic and foreign cotton prices ranging from 4000 to 5000 yuan, it is imperative for cotton textile enterprises to do well in risk management and make effective use of "cash pfer". The main determinants of the overall cotton price trend will still depend on the important factor of "national storage cotton", such as no bad weather, overall or relative oscillation pattern.

Dr. Li Xiaoyue, a well-known agricultural product expert, said.

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Less than p ago, the US Department of agriculture first predicted the world cotton situation in the new year. The world cotton production in 2013/14 is expected to decrease by about 3% compared with that in 2012/13, while the world cotton consumption in 2013/14 is expected to increase by 2% over the current year. The world cotton consumption will be lower than cotton production for four consecutive years.

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< p > in this regard, the first cotton and Flax Company of Shijiazhuang supply and Marketing Cooperative head office and the Stone Group Corporation of the United States held a cotton Outlook Forum in Hebei century hotel. A dozen cotton enterprises and futures business departments in the province have exchanged views on how cotton enterprises effectively evade risks and future cotton outlook.

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