Analysis Of China's Cotton Imports In 1-9 2011

In September, the number of imported cotton in China increased for third consecutive months, and the price drop rate increased.

In Australia and other countries in the southern hemisphere, the volume of cotton to port has increased continuously. The number and share of India's imports have increased greatly because of the release of cotton exports. The number of United States cotton has fallen sharply, the share of which is less than 4%.

The mode of import trade is still dominated by general trade mode, with a share of over 50%.

Three of imported cotton is within quota.

According to customs statistics, China imported 253 thousand tons of cotton in September 2011, an increase of 46 thousand tons compared with August, an increase of 22.1%, an increase of 25.9% over the same period last year, and an average import price of 2830 US dollars / ton, a sharp decrease of 195 compared with August.

In the various import trade modes in September, except for the decrease in import processing trade, all other ways increased to varying degrees.

General trade is still in the first place, with a share of over 50%, which is basically the same as last month.

The share of logistics goods in the area under special customs supervision continued to increase, reaching 20%, and the proportion of imported processing methods decreased slightly.

Australia's cotton imports continued to grow significantly in the month of the month, the three largest source of imports in recent months. The number of imported cotton in India continued to recover, and its share exceeded 20%.

In September, the average import price of each trade mode was only slightly increased, but the rest declined.

The average price of the highest level of feed processing is still over $3000 / ton, 3080 US dollars / ton, down 6.03%, followed by the import and export goods in bonded supervision places, which is 2811 US dollars / ton, down 5.58%; the general trade mode is 2798 US dollars / ton, down by 5.88%; the average price of logistics goods in Hai Guan special area is 2743 US dollars / ton, which is 5.81% lower than that in the sea area, and the average price of processing method is 2509.

The highest price in the main importing countries is Australian cotton, which is 3084 US dollars / ton, down 1.22%; the Uzbek cotton average import price is 2632 US dollars / ton, the chain ratio is down 4.58%; India cotton is 2460 US dollars / ton, down 9.93%; the average price of American cotton is the highest, and it has also risen by 3368 US dollars / ton, up by 3.73%.