Long Term Shipments Of Outer Cotton Are More Than &Nbsp; Recent Purchases Have Slowed Down Significantly.
Recently, international
Cotton merchant
Signed 10-12 months to 1 shipping dates next year.
American cotton
The progress of Brazil cotton and West Africa cotton has slowed down considerably, and the quotation has also been raised slightly. The main obstacle is that the main ports in the eastern and western parts of the United States are in a state of saturation in 10-12 months. Cotton Traders and domestic cotton importers are worried that the US cotton signed before the end of December will not be able to ship on schedule.
For domestic
Imported
Enterprises, the United States cotton can not be pported by fashion will bring a series of adverse effects: first, the quasi tax import quota will be invalid; two, in 10 and November, the processing capacity of the United States cotton is relatively limited, cotton merchants from the ginning flower business is very serious phenomenon; three is the impact of domestic cotton mills to cotton and occupy funds.
A cotton trader in Beijing said that the company ordered 500 tons of EMOTSM cotton to the US representative office of Cotton Corp in November of 2009. After four rounds of change, the US cotton trader still did not deliver the goods to the end of July, and foreign traders always pushed them on the pretext of tight shipping and shipping delays. According to Chinese importers, the main reason is that it is difficult for the international cotton manufacturer to get SM grade cotton in the United States.
Due to the large number of forward shipment problems in the US cotton market, some cotton mills with quota quotas have recently hoped that the state can start throwing storage as soon as possible, on the one hand, to meet the cotton consumption demand in 9 and October; on the other hand, to suppress the international and domestic cotton prices will help cotton enterprises sign cotton outside the far month, and at the same time make the new and old cotton link up at a reasonable price, so that cotton processing enterprises will have confidence and have the courage to buy seed cotton.
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