The United States Will Ensure Cotton Supply To &Nbsp; The Cotton Market Has Bright Prospects.
September 6th, the United States
cotton
The NCC delegation communicated with the relevant media in Beijing.
The US cotton supply to China is one of the most concerned topics in the industry.
A reporter asked, the India government has just announced that the export volume of cotton in 2010/11 will be limited to 935 thousand tons. Is the US cotton ready to meet China's exuberant demand?
import demand
This year, the cotton planting area in the United States has increased sharply. What is the future planting prospect?
NCC official said that the United States has been fully prepared, and now the new cotton has begun to harvest, the United States cotton will be the fastest processing and shipping.
The United States has ready infrastructure, so long as the market needs, it will expand the cotton planting area.
Mao Kailin, director of China's CCI, said that the output of cotton in the United States will be significantly higher than that of last year, and the quality will be good. The United States will continue to be the most stable and reliable supplier of cotton.
In the long run, the demand for cotton is increasing, while the supply of cotton is relatively insufficient, and the trend of international cotton prices is more optimistic.
The textile market is also a topic of concern to the industry.
A reporter asked, China's textile industry has achieved good results in the first half of the year, and cotton prices are rising. Can this situation be maintained in the second half to next year?
Will the foreign retail market affect China after the completion of this rotation? Is there any sign of improvement in the US consumer market? Will there be a two dip?
The NCC official said there were signs that the United States
Economics
Slowly recovering, although the current unemployment rate is still high, economists do not think there will be a two dip.
From the company's performance report, the retail market is better, and some American companies have recovered better than expected.
The textile industry will take the lead in revival when the economy recovers, and the Federal Reserve is fully prepared to continue to promote the recovery of the US economy.
At present, some American textile factories that have been shut down have resumed production, and there are newly established production enterprises, most of which are yarn producing enterprises. This shows that the economic situation is slowly rising and cotton consumption is beginning to stabilize.
A reporter asked, the US SUPIMA project is being paid attention to by China. The Chinese government is also guiding the enterprises to produce high value-added products. What is the market prospect of high-grade cotton in China? NCC said that in recent months, more and more Chinese importing Pima cotton companies have been imported from China, and China is the largest market of Pima cotton in the United States, and the demand is increasing.
More and more enterprises recognize the profits brought by high added value, and brand companies also attach great importance to value added.
Judging from the general trend, the market of high-grade cotton will surely get better and better.
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