• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    Inventory Consumption Rose To A 11 Year High Of &Nbsp, India Or Reconsideration Of Export Ban.

    2012/3/12 8:54:00 27

    Cotton Export Ban

    Though the second largest in the world

    cotton

    India announced last week that it banned cotton exports, but the US Department of Agriculture released the latest report in March 9th that global cotton output will continue to exceed consumption in the year 2011/12 (August 2011 to July 2012) and 2012/13, and the 2012/13 inventory consumption ratio is expected to rise to its highest level in 11 years.

    Stock

    The increase will bring downward pressure on cotton prices.


    Affected by this news, cotton futures prices lower on the 9 day.

    As of the end of the day, the New York Mercantile Exchange cotton futures prices fell 0.85%, to 88.8 cents per pound.


    Inventory consumption rose to a new high of 11 years.


    In the global cotton market and trade report released on that day, the US Department of agriculture raised the estimated value of global cotton production in 2011/12 from 123 million 340 thousand packages to 123 million 640 thousand packages (480 pounds / pack), reducing global consumption from 109 million 710 thousand packets to 108 million 720 thousand packs, lifting the global carry on inventory from 60 million 770 thousand packages to 62 million 320 thousand packages.


    From 2009/10 to the current 2011/12 year, global cotton production has increased for three consecutive years, and annual carry over inventory has also been rising for three consecutive years.

    If the Ministry of agriculture's expectation of 2011/12's carry over inventory is coming true, it will grow by 32% over 2010/11.


    The Ministry of agriculture also predicts that global cotton output will fall to 118 million 500 thousand bales in 2012/13.

    According to the Ministry of agriculture, although the global cotton production is expected to decline and consumption will rise, cotton production in 2012/13 will continue to exceed consumption in third consecutive years, leading to a global cotton inventory consumption ratio rising to its highest level in 11 years.


    The report shows that the global cotton inventory consumption ratio was 38% in 2009/10, and increased to 41% in 2010/11.

    The Ministry of agriculture predicts that this ratio will rise to 57% in 2011/12, and further increase to 58% in 2012/13.

    The Ministry of Agriculture said that "rising inventory will bring downward pressure on prices and support consumption growth."


    India or reconsidering export ban


    Although it is thought that the rise in inventory pressure will bring downward pressure on global cotton prices, the US Department of agriculture has also warned that the progress of relevant policies in China and India may have an impact on cotton price adjustment, limiting cotton price declines in 2011/12 and 2012/13.


    The US Department of Agriculture said that on the one hand, the Chinese government has announced that it will raise the price of cotton purchase and storage in 2012/13, which will attract more cotton into the reserve stock.

    This reserve inventory size may account for more than 1/4 of the global carry over inventory in 2011/12.

    On the other hand, the India government recently announced restrictions on cotton exports, bringing uncertainty to the global market supply of cotton.


    In March 5th, under the influence of India's ban on cotton exports, cotton futures on the New York Mercantile Exchange rose 4.53% to 92.23 cents a pound on that day.


    But according to Bloomberg 9 reported that India may reconsider the implementation of the ban on cotton exports.

    Paavo, Minister of agriculture of India, said restrictions on exports would affect farmers' enthusiasm for planting.

    Statistics show that cotton prices in India hit a record high of 61 thousand and 700 rupees per 356 kilograms in March 2011, and cotton prices are now hovering at 34 thousand to 35 thousand rupees per 356 kg.


    China Cotton Association says that it distorts international cotton prices artificially to textile enterprises.

    Trade

    Business brings risks and huge losses in production and operation, and it also damages the interests of cotton farmers and exporters in India. It is a "double loss" policy.

    The international cotton association also said that India's decision would have a "serious impact" on the global cotton trade.


    According to the US Department of agriculture, India's cotton supply accounts for 17% of global exports in 2011/12.

    80% of India's exports of cotton are sold to the Chinese market.

    • Related reading

    The Sale Of Luxury Goods Has Fallen.

    Market trend
    |
    2012/3/12 8:44:00
    38

    天寒春裝賣不動 下架冬裝悄悄又上架

    Market trend
    |
    2012/3/10 8:41:00
    33

    Textile Market Is Showing Signs Of Recovery In Recent Years

    Market trend
    |
    2012/3/8 16:53:00
    27

    Spring Clothes Went On Sale And Sold &Nbsp At A Discount.

    Market trend
    |
    2012/3/7 14:35:00
    30

    Clothing Inventory Pressure Has Been Spanmitted To The Upstream Industry &Nbsp; Enterprises Expect Orders Will Dawn.

    Market trend
    |
    2012/3/7 11:39:00
    32
    Read the next article

    Wang Tiankai: Textile Industry "Turn Around" To Feed The Main Industry

    Wang Tiankai: the textile industry should not be too pessimistic to switch back to the main business.

    主站蜘蛛池模板: m.jizz4.com| 亚洲av本道一区二区三区四区 | 欧美孕妇乱大交xxxx| 天天操天天干天天做| 动漫人物桶机动漫| 99香蕉国产精品偷在线观看| 欧美日韩一区二区三区久久 | 亚洲欧洲自拍拍偷综合| 欧美一级久久久久久久大片| 欧美亚洲国产第一页草草| 国产妇女乱一性一交| 与子乱勾搭对白在线观看| 永久黄网站色视频免费| 国内精品一战二战| 五月婷婷丁香六月| 风间由美性色一区二区三区| 日韩一区二区视频| 再灬再灬再灬深一点舒服| www.爱爱视频| 欧美一级大片在线观看| 国产成人精品午夜二三区| 中文国产成人精品久久一区| 精品无码国产污污污免费网站| 国语对白做受xxxx| 亚洲另类专区欧美制服| 菠萝菠萝蜜在线免费视频| 天天成人综合网| 五月婷婷俺也去开心| 精品久久久久久国产| 国产精品亚洲欧美日韩区| 二代妖精免费看| 精品无码久久久久久久久水蜜桃| 国产美女爽到喷出水来视频| 久久久久国产精品免费免费搜索| 色偷偷亚洲男人天堂| 国产高潮国产高潮久久久| 久久久久久夜精品精品免费啦| 爱情岛论坛亚洲品质自拍视频网站| 国产精品视频永久免费播放| 亚洲av午夜精品无码专区| 足恋玩丝袜脚视频免费网站|