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    Cotton, India, Pakistan, Cotton Farmers, Interest Prices Fall, Damage

    2011/11/30 11:08:00 29

    In India and Pakistan, cotton is listed on a large scale and continues to be given. cotton Pressure on the market has also seen a downward trend in New York cotton and other major cotton markets.


    Pakistan's domestic cotton industry estimated that by the end of November, the total quantity of seed cotton arrived equal to 10 million bales (local weight bags), and the total sales volume was about 2 million 500 thousand bags. According to the latest cotton arrival volume and industry estimates, cotton production in 2011-12 is about 13 million 500 thousand packs, compared with 11 million 600 thousand packages last year.


    Pakistan cotton quality problems continue to exist, Shun De province quality problems are more, Punjab province less. Cotton in Sindh Province Buy The cotton quality of the station varies greatly, and the price is different. The cotton price difference of different quality is as high as 1500 rupees / Meng De, at 3700 rupees (worst quality) to 5200 rupees / Mendelian (best quality cotton).


    The main quality problem is chromaticity grade and fiber length. In the same period last year, the price of lint was 3400 rupees -3775 rupee / 40 kilograms, and the price of cotton ginning factory. The cotton price of Karachi cotton association is 5400 rupees on the 25 day, compared with 8300 rupees on the same day last year.


    At present, lint price is about 47% less than that of last year, but New York Stage cotton The price is only 20% less than that of last year. This is an effective proof that cotton quality deteriorates this year. The price of seed cotton is also down about 22% from last year. At present, the price of seed cotton is 1700-2500 rupees / 40 kilograms, and the price of the ginning mill is lower than that of the growers. In India, the cotton market is almost the same as Pakistan.


    India confirms that the lowest supporting price for medium long fiber cotton is 2850 rupees / KT (100 kg), equivalent to 2011 rupees / 37.324 kg in Pakistan, and 3400 rupees / KT (100 kg) in Pakistan, and the price of long staple cotton is equivalent to 2411 rupees / Mendelian (37.324 kg), and the price of flower mill.


    In November 15, 2011, the price of seed cotton in India market was equivalent to 3200 rupee / Mende (37.324 Rupees) (Carle -6 cotton), and long staple cotton equivalent to 3350 kg / kg / 37.324 kg of Pakistan ruby / Mendelian, and the price of Pakistan ginning plant.


    As of November 15th, the quantity of cotton arrived in India was equivalent to 3 million 500 thousand bags, 170 kilos per pack. There are 8 million bales of cotton sold in India this year. It has been reported that cotton planting area may be substantially reduced in 2012-13 years, because cotton prices are lower this year.


    In 2010-11 years, 12 million 100 thousand hectares of cotton were sown in India, and the output was more than 35 million 500 thousand bales (170 kg / bag). Domestic exporters have registered about 200000 packages of exported cotton, of which 62% have been shipped. China, Indonesia, Vietnam and Thailand are major buyers.

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