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Import Prices Of Grain, Cotton And Sugar Have Risen, And Enterprises In Related Departments Are Terrified.

2010/10/26 9:50:00 51

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Import Of Cotton Agricultural And Sideline Products

25, Nanjing Customs released the top three this year.

quarter

Data on major import and export commodities at Jiangsu port.

It is worth noting that the import prices of major agricultural and sideline products such as grain, cotton and sugar are rising.

Foreign trade experts said that in addition to the tight supply and demand relationship caused by the reduction of production, there is a visible "push" behind the idle capital. Relevant departments and enterprises should take timely measures to control risks.

Grain:

Imports have increased and exports have declined.

Data: Jiangsu port import in the first three quarters

foodstuff

(including grain, beans, potatoes, etc.) 9 million 914 thousand tons, an increase of 31.7% over the same period last year; the value of 3 billion 500 million dollars, an increase of 32.8%.

ASEAN, Brazil, the United States and Argentina are the main imports.

In the same period, exports of 32 thousand tons, down 64.2%; value 18 million US dollars, down 60.4%.

The first export to our province

market

In Africa, exports fell by more than 70%.

Analysis: in recent years, China's grain harvest has been good for many years, and the security situation is generally good, but there are still some hidden troubles.

On the one hand, foreign-funded enterprises are accelerating the entry into China's grain sector through acquisitions and investment.

On the other hand, the enhancement of grain "finance" has also brought pressure on China to stabilize grain prices. Since the beginning of summer this year, many countries in the world have seen rare extreme weather, many grain varieties have been cut down, and international wheat prices have suddenly surged in a short period of time. The highest increase is nearly 1 times. This irrational rise is the result of the speculation of international hot money.

There are signs that some financial capital is moving from real estate and complex derivatives speculation to commodities including grain.

Cotton:

Prices continue to rise, profits of textile enterprises shrink.

Data: in the first three quarters, Jiangsu Port imported 262 thousand tons of cotton, an increase of 1.3 times compared with the same period last year, and the average import price was 1776.1 US dollars / ton, up 37%.

Import prices have been rising since last July, up to 2082 US dollars / ton in September, an increase of 42.1% over the same period last year.

These cotton are mainly imported from India, the United States and Uzbekistan.

Analysis: since the beginning of this year, China's textile industry has continued the trend of stabilizing and picking up in the second half of last year, and the domestic cotton supply gap has been further enlarged due to the reduction of cotton planting area.

In the international market, global cotton inventories dropped by 24% in the year 2009 to 2010.

All these make domestic cotton supply tight, prices rise all the way, cotton enterprises are overwhelmed, small and medium-sized textile enterprises such as Shandong and Zhejiang have already suffered a large reduction in production and downtime. Some foreign textile and garment enterprises in our province are also facing difficulties because of shrinking profits.

Sugar:

Imports surged by 381 times in September.

Data: in the first three quarters, Jiangsu Port imported 170 thousand tons of sugar, an increase of 51.7% over the same period last year and an average import price of 520.3 US dollars / ton, an increase of 43.3%.

Since July, the import of sugar has increased significantly. In September, imports reached 48 thousand tons, an increase of 381 times compared with the same period last year, and the growth rate was 54.1%.

Mainly from Brazil, Australia and other countries.

Analysis: due to drought and unit production decline, sugar producing areas such as Guangxi and Yunnan have sharply reduced production this year. Now the peak season of consumption is coming, domestic sugar stocks are tight, and enterprises are turning to increase sugar imports.

In recent years, the world's major sugar producing countries such as Pakistan and Russia have successively cut production, and international sugar prices have also risen.

Besides, the speculation of hot money also has a helping effect.

Garlic:

The average export price is high and the risk of speculation is increasing.

Data: in the first three quarters, Jiangsu port exported 114 thousand tons of garlic and its products, and the average export price was 1493 US dollars / ton, up 1.8 times.

In recent months, the average export price of garlic has risen all the way, reaching 2109 US dollars / ton in September, creating a new export high in the year.

More than 90% are sold to ASEAN.

Analysis: in the past few years, domestic garlic prices were low, leading to a decline in garlic planting area throughout the country last year.

This year's "late spring cold" weather exacerbated the serious reduction of garlic production and postponed the listing period, resulting in a decline in export volume and a rise in prices.

Since the garlic market is generally optimistic, hot money has continuously entered the garlic market since last June, boosting the price of garlic in China.

It is noteworthy that the garlic price at present is obviously contrary to the law of value. Once the hot money is turned, the price of garlic will fluctuate.

At present, garlic production accounts for more than 70% of the world's total output. However, because the processing industry chain is too simple, most of the exports are fresh garlic sales, and the processed products are few and the economic benefits are relatively low.