Global Cotton Prices Are Rising For A Short Time.

　　 According to French media recently reported, according to Eurocoton President Hacot pointed out that 2011 will be a very difficult year for the textile industry, cotton prices soaring momentum may not be slowed down before 2012. If the world's cotton production is three years after a continuous reduction of production (21 million 900 thousand tons), the re production will also be delayed until 2012.

According to the report, according to the International Cotton Advisory Committee, the United States plays an important role in the global cotton production in 2010-2011, and its output should reach 41 million tons, an increase of 50%. The output of India should increase to 5 million 500 thousand tons, an increase of 8%. Of course, including China, despite the soaring cotton price in the 2009-2010 year, the reason for the possible reduction of cotton production in China in the year of 2010-2011 is not only affected climate The impact of the conditions will also be affected by factors such as labor shortages in some areas and the increase in grain prices. Pakistan Flood It destroyed 10% to 30% cotton fields, and only increased the area of cultivation could increase output by 2 million 200 thousand tons (8%). The 4 countries account for 2/3 of the world's total cotton production in 2010-2011, and 1/3 of the increase will come from Brazil, Uzbekistan, Turkey and Australia.

　 Reported that the current cotton supply and demand situation is tight, despite rising prices and reduced inventory impact, but because of the global Economics With gradual recovery, the demand for cotton will also increase.