International Cotton Prices Fall Again, China Imports Large Quantities Of Cotton.

Over the past seven months, China has bought nearly 1 million tons from the United States.

To keep international cotton prices at a high level.

Analysts say China's massive import of cotton is not yet over.

China's large-scale import of cotton came to an end in March 31st, with imports exceeding 1/4 of estimated cotton output in 2011-12, and global cotton prices will begin to fall thereafter.

The appearance of this phenomenon will affect cotton.

Had a huge impact.

However, the analysis of Chinese enterprises still needs millions of tons of cotton, because 40% of the world's cotton products are produced in China, and because of the lower international cotton prices, Chinese enterprises will import more cotton from abroad.

Through this fall in cotton prices to meet the needs of China's cotton market, it may also have a great impact on international cotton prices.

Chinese enterprises will seek to import more low-cost cotton from abroad, which means that the total amount of cotton remaining in the global market will be reduced.

Reduction may also have an impact on international cotton prices.

If the Chinese government raises domestic cotton

Cotton prices are expected to return to the level of US $1 per pound.

China's domestic demand for cotton will boost international cotton prices.

Judging from the number of High Quality Upland Cotton imported from the United States, he believes that the supply of high-quality cotton that is available for forward contracts is in short supply.

As cotton harvest has been completed in the current season, buyers can only consider the supply of cotton available on the market, and the new cotton market will have to wait until later this year.

The China cotton reserve management company has bought and sold cotton from the domestic cotton growers at a price of 21826 yuan per ton, but its purchase amount is only about 40% of the domestic cotton output in China.

The rest of the output is sold in China's domestic market, nearly twice as high as that of ICE cotton.