2015 Cotton Forum

August 6 P.M.(Cotton supply and price predication in 2015/16 season)
13:50-14:00	Welcome speech CCFGroupLai Tianming（General Manager）
14:00-14:40	2015 Global cotton market outlook ——Andrei GuitchountsDirector of Trade Analysis, ICAC Andrei Guitchounts is a Director of Trade Analysis of the International Cotton Advisory Committee (ICAC). He graduated from the Moscow State Institute for International Relations with master’s degree in economics and international trade in 1978. He worked at the Soviet state trading company “Exportljon/Novoexport” in cotton trading department from 1978 to 1990. He joined the Secretariat of ICAC in 1990 and is working on cotton trade issues and statistics. The ICAC is an association of more than 40 cotton producing and consuming countries. The mission of the ICAC is to assist governments in fostering a profitable and healthy world cotton industry. The Committee achieves this mission by serving as a forum for consultation and cooperation on international issues related to cotton policies, by providing accurate and timely statistics on cotton production, consumption, trade and by facilitating the exchange of technical information about cotton. In 2015 Cotton Forum, Mr. Guitchounts will deliver a report concerning 2015/16 global cotton market based on the global cotton supply and demand situation.
14:40-15:20	Global long staple cotton sales and production analysis and market outlook ——Henning HammerVice-president, Bremen Cotton Exchange Founded as the "Committee for the Cotton Trade" by cotton traders/brokers (later banks, shipping and forwarding companies, spinning mills and insurance companies joined the committee) in 1872, the Bremen Cotton Exchange was inaugurated in 1902. It has rich experience on the establishment and interpretation of cotton trading rules, trade dispute and quality test. Mr. Henning, Vice President of the BCE, has his own original view on cotton market and is familiar with the spot cotton trading and businesses. In this forum, Mr. Henning will analyze the global long staple cotton market situation, to probe into the global pattern of high-grade fiber.
15:20-15:30	Tea break
15:30-16:10	Sustainability of cotton supply value chai ——Manish DagaManaging Director, P.R.D Cottons Group of Companies R.R.D Cottons Group of Companies is associated with cotton trade since 1903 and has developed into an integrated company with advisory services for spinners & ginners, valuation services, cotton testing services, import and export services. Mr. Daga has worked on cotton quality control, cotton processing, spinning and weaving technology for many years and is invited to be a special guest in all Indian textiles conference. Besides, Mr. Daga has insightful views on Indian and global cotton industrial chain. In this forum, Mr. Daga is invited to make a report about cotton supply value chain, to analyze the sustainable development of Indian and global cotton market.
16:10-16:50	2015 Chinese cotton market outlook ——Li ZhenhuaSenior Analyst, CCFGroup Zhejiang Huarui Information Consulting Co., Ltd, set up by Zhejiang Huarui Information and Technology Co., Ltd and other promoters, is the first professional chemical fiber and textile consulting institute in China to provide service via internet.2015/16 crop year is the second year of post-reserving era in China, but a new strategy of “rotation” on reserved cotton is implemented. Moreover, the planted areas decrease sharply and imports remain restricted. Cotton demand is impacted by imported yarn and chemical fibers. Under such condition, Li Zhenhua, Senior Analyst from CCFGroup, will make a forecast on 2015/16 cotton market with his own idea.
August 7 A.M.(Xinjiang cotton supply/demand and development trend)
9:00-9:50	Xinjiang cotton production and business management analysis ——Xiao YuqingChairman, Xinjiang Cotton Industry Group Xinjiang Cotton Industry Group Company is a leading enterprise in Xinjiang, with 54-year cotton trade history and abundant economic strength and also has cotton export license. The Group owns 38 subordinate companies, 121 ginning factories and the annual cotton capacity is 1.00mln tons. Moreover, it has 5 textile companies and the spinning scale reaches 300,000 spindles. Xiao Yuqing, Chairman of this company, will make an outlook on 2015/16 cotton industry in Xinjiang with the current sales, production and ginning status.
9:50-10:30	Risk-aversion experience of cotton users through cotton futures ——Dr. Ji GuangpoSenior Specialist, ZCE Zhengzhou Commodity Exchange (ZCE) is the first pilot futures market approved by the State Council. Being one of the four futures exchanges in China, ZCE is under the vertical management of China Securities Regulatory Commission. At present, the listed products on ZCE include wheat (Strong Gluten Wheat and Common Wheat), Early Long Grain Non-glutinous Rice, Japonica Rice, Cotton, Rapeseed, Rapeseed Oil, Rapeseed Meal, White Sugar, Steam Coal, Methanol, Pure Terephthalic Acid (PTA) and Flat Glass, form a comprehensive range of products covering several crucial areas of the national economy include agriculture, energy, chemical industry and construction materials. In addition, cotton yarn futures are also on the way to be launched in ZCE. After experiencing large ups and downs of cotton and cotton yarn prices, Chinese players have taken part in the futures widely and under the new environment, how will producers operate well thourgh the futures? Dr. Ji will share his experience with you in this forum.
10:30-10:40	Tea break
10:40-11:10	Xinjiang cotton sales and production status and suggestions for mills to purchase cotton ——Wang ShengrongGeneral Manager Assistant, Xinjiang Lihua Founded in Aug, 2004, Xinjiang Lihua Cotton Industry Co., Ltd is the national key leading enterprise on agriculture industrialization and also ranks top three of independent enterprises in the same industry with 85 million yuan of registered capital. With the support from the government and related departments, Xinjiang Lihua develops quickly and sets up 10 wholly-owned subsidiaries in Xinjiang, Shanghai, U.S., Australia and Tajikistan and two joint-stock companies. The company has been a group covering cotton ginning, edible oil processing, warehouse & logistics, international trade and agricultural good production and realizes 3 billion yuan of sales revenue a year and nearly 100 million yuan of net profits.In the light of Xinjiang cotton sales and production structure and ginning quality, Miss Wang will share the experience on cotton ginning quality control and give suggestions for mills to procure cotton.
11:10-11:40	Investment advantages and plight analysis in Xinjiang ——Cheng SujingSenior Analyst, CCFGroup Zhejiang Huarui Information Consulting Co., Ltd, set up by Zhejiang Huarui Information and Technology Co., Ltd and other promoters, is the first professional chemical fiber and textile consulting institute in China to provide service via internet.On Jul 18, 2014, the announcement that the Chinese government encouraged enterprises to invest in Xinjiang lured textile and apparel enterprises’ eyes.Preferential policiesmake many inland textile and apparel enterprises move to Xinjiang. Cheng Sujing, Senior Analyst from CCFGroup, will combine with current policy, industrial environment and supporting industries to explore some key problems.
August 7 P.M.(Influencing factors on cotton demand)
14:00-14:30	Cotton demand change of mills and reserved cotton consumption strategy ——Xiao JingyaoVice-president, Jiangsu Huafang Founded in 1975, Huafang Group is a textile based, diversified expanded large corporate enterprise. It is now a national large enterprise as well as a key enterprise group of Jiangsu Province. The group takes textile as its major business, administers cotton spinning, Jintian Textile, yarn-dyed, weaving and dyeing, Huafang Textile and wool spinning, weaving and dyeing corporation. Mr. Xiao is very familiar with the operations of spot and futures market. In 2015 Cotton Forum, Mr. Xiao will analyze the cotton demand change, cotton procurement and reserved cotton consumption strategies.
14:30-15:10	Product development concept of mills and substitution between cotton and chemical fibers ——Zhang HongmeiChief Designer of Cotton Textiles Group, Shandong Ruyi Shandong Ruyi Science & Technology Group is a Chinese-foreign joint-venture enterprise honored as a national hi-tech enterprise, leading and top ten enterprises in textile industry, as well as one of the one-hundred key enterprises in Shandong.Being involved in rabbit hair spinning, textile & clothing, cotton textile, cotton printing and dyeing, knitting, fiber, jeans and real estate, Ruyi Group has become a well-known textile-related pluralismgroup. Miss Zhang is invited to this forum to discuss the product substitution based on the production development concept and demand on different fibers.
15:10-15:30	Alternatives to Cotton-Sustainable solutions from natural origin based man-made cellulosic fibers ——Sachin MalikGeneral Manager, Birla Cellulose The Aditya Birla Group is in the League of Fortune 500. It is the largest VSF producer in the world and its business activities of pulp and fiber are across the world. The company started to produce VSF in India from 1954 and now, the group has seven VSF plants in India, Indonesia, Thailand and China. With the competition between VSF and cotton and the alternative effect, mills are confused about whether the non-cotton tendency will continue, why they choose cotton and what’s the advantage of man-made cellulosic fibers compared with cotton. Mr. Malik will have a deep analysis on these aspects.
15:30-15:40	Tea break
15:40-16:20	Cotton demand from quality yarn manufacturers & spinning management and technology analysis ——Zhang YadongGeneral Manager, Henan Yong'an Henan Yongan Textile Company is an advanced company with cotton planting, ginning, textile, storage, logistics and cotton textile import and export. The company has a production line of 150,000 spindles, national storage and delivery warehouse, and textile testing center. Moreover, in 2011, the company built up a cotton demonstration base in Xinjiang. Mr. Zhang, manager from Yongan Textile, will share the cotton consumption and spinning technology in this forum.
16:20-16:50	Status quo of imported yarn market and impact on China's cotton demand ——Zheng ShengweiManager of Cotton Textile Research Team, CCFGroup Zhejiang Huarui Information Consulting Co., Ltd, set up by Zhejiang Huarui Information and Technology Co., Ltd and other promoters, is the first professional chemical fiber and textile consulting institute in China to provide service via internet. In recent years, large quantity of imported yarn entered China and based on the annual average imports of 2.00mln tons, it has took a ratio of 25% in total consumption of cotton yarn. Under the sluggish demand, cotton consumption is dampened. From the prospective of imported yarn, Mr. Zheng will analyze the development trend of imported yarn.

*Note: Topics are subject to final adjustment.