Chinas cotton, yarn textile province zhejiang sound
China is the worlds largest cotton consumer, consumption accounts for about 40% of global cotton consumption, zhejiang as a big province of textile, however, has been a lack of proper pricing power in the market, say.
China is the worlds largest cotton consumer, consumption accounts for about 40% of global cotton consumption, zhejiang as a big province of textile, however, has been a lack of proper pricing power in the market, say.
Yesterday, xinhua zhejiang commodity trading center and the bilateral strategic cooperation signing ceremony held industrial development corporation, ready to joint development of cotton yarn, and commodity trading, it make it widely participation, can really reflect the market supply and demand price varieties, enhance voice and influence in the field of domestic and foreign spot trading in zhejiang province.
Cotton is one of the largest economic crops, agricultural products in China is the main raw material of textile industry and the export of important products, at the same time, the cotton in the defense, medicine, automobile industry has important use. Bilateral industrial is a leading domestic textile raw materials trade enterprises, affiliated to the state-owned assets supervision and administration commission of the state council textile authority service center. According to the agreement, China zhejiang commodity trading center will cotton yarn, and two varieties entrust bilateral industry responsible for product research, development and operation, the center provides trading platform, mutual consultation, design, to develop varieties of trading settlement mode, rules and regulations.
Xinhua commodity trading center in zhejiang province is Chinas first with independent innovative index released commodity trading platform, in the center of the relevant index is phoenix information platform "depth of Chinas finance and economics" to promote broadcast around the world. Next, the center will also introduce precious metals (silver), metal product commodity trading and related index.
