State Control Ensures Cotton Supply

In June, new cotton grew well, both at home and abroad.

1. New cotton is growing well.

According to the national cotton market monitoring system, since June, the main cotton producing areas in China are in good weather, with slight occurrence of pests and diseases. The low temperature during sowing period has offset the negative effects of cotton growth, but the picking period may still be delayed.

If the weather is normal, the cotton output per unit is expected to reach 90 kg / mu, an increase of 3% over the previous year.

According to the national cotton market monitoring system statistics, as of the end of June, cotton processing in the whole country basically ended, and the sales rate of lint (accounted for the proportion of processed products) was 94%.

Two, domestic and foreign market cotton

In June, the average price of the standard grade lint in the mainland was 17776 yuan / ton, up 965 yuan / ton from the previous month, or 5.7%. The average contract price of the national cotton trading market electronic matching July was 18678 yuan / ton, up 633 yuan / ton from the previous month, or 3.5%; the Zhengzhou cotton futures contract settlement price of July was 18362 yuan / ton, up 831 yuan / ton from last month, or 4.7%.

In June, the poor economic data of the world's major economies exacerbated the market's concerns about the prospects for economic recovery, and commodity futures prices generally fell.

In that month, the average price of New York cotton futures contract in July was 81.43 cents / pound, down 0.06 cents / pound, or 0.1%, compared with the previous month. The average price of the imported cotton was 0.06 yuan per ton, or 2.8% yuan, or 2.8% yuan, lower than the domestic market price 1584 yuan / ton. According to the sliding tax, the average price of the imported cotton on duty was 16605 yuan / ton, up 438 yuan / ton from last month, or 2.7%, lower than the domestic market price of RMB yuan / ton.

Three. Cotton imports are decreasing.

According to customs statistics, in June, China imported 177 thousand tons of cotton, an increase of 9 thousand tons, an increase of 5.1%, a decrease of 21 thousand tons, a decrease of 10.5%.

This year, China imported 1 million 543 thousand tons of cotton in 1-6 months, an increase of 808 thousand tons compared with the same period last year, an increase of 109.9%.

As of June, 2 million 105 thousand tons of cotton were imported in China in the 2009 cotton year, an increase of 900 thousand tons, an increase of 74.6%.

According to the statistics of National Bureau of statistics, the national yarn production in June was 2 million 437 thousand tons, an increase of 271 thousand tons compared with that of the previous year, an increase of 12.5%.

In the 1-6 month of this year, China's yarn production totaled 12 million 695 thousand tons, an increase of 1 million 835 thousand tons compared with the same period last year, an increase of 16.9%.

As of June, the 2009 cotton year China's yarn production totaled 21 million 641 thousand tons, an increase of 3 million 94 thousand tons compared with the same period, an increase of 16.7%.

According to customs statistics, China's textile and apparel exports in June amounted to 18 billion 670 million US dollars, up 33.8% over the same period last year. In 1-6 months this year, China's textile and apparel exports totaled 88 billion 850 million US dollars, up 22% over the same period last year.

As of June, 2009 textile and apparel exports totaled $151 billion, an increase of 8.6% over the same period last year.

In June, the average monthly price of 32 cotton combed yarn was 26532 yuan / ton, up 2028 yuan / ton, or 8.3%, the average monthly price of polyester staple fiber was 9618 yuan / ton, down 504 yuan / ton, or 5%.

The difference between the standard grade cotton and polyester staple in the month was 8158 yuan / ton, an increase of 1469 yuan / ton from last month.

Four, multiple regulation measures to ensure market supply.

In view of the rapid growth of textile production and export, the increase of cotton demand and the rise of cotton prices, in order to ensure the supply and maintain stable operation of the market, in June 25th, the state increased the import quota of 868 thousand tons of cotton slip tax. The quota of 3 million 600 thousand tons has been issued this year. The total amount of the new cotton distribution has been increased and coordinated. By the end of June, 2 million 800 thousand tons of Xinjiang cotton have been shipped, an increase of 400 thousand tons compared to the same period.