The Demand For Us Cotton Spot Exports Is Stable &Nbsp, And The Growth Of New Cotton Is Optimistic.

Spot and spot prices

On the 11-17 th of June 2010, the average price of the standard market spot in the seven largest markets in the United States was 76.19 cents / pound, up 2.65 cents / pound from the previous week, up 26.02 cents / pound compared with the same period last year.

ICE futures market contract settlement price in July was 80.80 cents / pound, down 1.71 cents / pound compared with the previous week.

In the week, the seven spot markets in the United States totaled 3076 packets, down 1982 from the previous week.

On -24 June 18, 2010, the price of AWP was 77.68 cents, and the LDP subsidy was 0 cents.

Transaction status

During the week, the major spot markets in the United States were not active, the supply and demand was flat, the average price rose, the CCC cotton loans were not active, the West had new flower sales, the domestic textile factories did not purchase, the foreign textile mills generally had no inquiry, the San Yue Jin area did not have long-term sales, the domestic textile mills did not purchase, there was no new flower sales and domestic procurement in the western desert area, the demand and price of Pima cotton were stable, there was a small number of overseas enquiries, no long-term sales, and domestic factories did not purchase.

Cotton sowing in spring and weather conditions

　　當(dāng)周，美國(guó)東南部地區(qū)維持高溫干燥天氣，苗情總體良好，但高溫導(dǎo)致土壤水分快速流失;三角洲北部氣溫偏高，雷雨天氣對(duì)幼苗生長(zhǎng)有利，新棉全面進(jìn)入現(xiàn)蕾期;三角洲南部的高溫促使棉花加速生長(zhǎng)，現(xiàn)蕾率為20-47%;西南得克薩斯州中東部的降雨使干旱有所緩解，但旱情沒(méi)有根本消除，沿海地區(qū)新棉長(zhǎng)勢(shì)理想，多數(shù)地塊已進(jìn)入開(kāi)花和結(jié)鈴期;得州西部高原局部地區(qū)暴雨過(guò)后天氣轉(zhuǎn)為晴朗干燥，有利于新棉生長(zhǎng)，南部高原地區(qū)遭遇狂風(fēng)暴雨和冰雹，但新棉受損輕微，該州棉花長(zhǎng)勢(shì)總體正常;西部圣約金地區(qū)維持晴熱天氣，半數(shù)地塊苗情為良好以上;西部沙漠地區(qū)進(jìn)入花期和鈴期，大部分地區(qū)苗情正常或良好;圣約金皮馬棉的生長(zhǎng)比計(jì)劃晚了2-3周，遠(yuǎn)西部地區(qū)天氣炎熱，但棉花生長(zhǎng)總體良好。

Demand situation of textile factories at home and abroad

During the week, the domestic textile mills in the United States purchased some grade 4 cotton in 2010 for 6-10 months, and procured 4 grade cotton and 5 grade cotton for immediate shipment.

Because of the continuous demand for gauze, most factories are running at full capacity.

US cotton export inquiry is stable.