Monthly Report On China'S Cotton Imports In October 2012

October domestic

The market steadily rose slightly under the support of purchasing and storage policy, while the international cotton prices continued to fall, and the difference between inside and outside cotton prices was widened, and the number of imported cotton picked up slightly.

Average import prices fell slightly; import trade was dominated by general trade, but the share fell somewhat; cotton from Australia and Brazil continued to grow from the southern hemisphere, while India cotton continued to decrease; quotas were mainly imported by sliding tax; imports from Qingdao and Shanghai customs were larger, and Beijing and Shandong were the main import areas.

According to customs statistics, in October 2012, China imported 272 thousand tons of cotton, an increase of 19 thousand tons, an increase of 3.5%, an increase of 20 thousand tons, an increase of 7.8% over the previous year, and an average import price of 2287 US dollars / ton, down 71 US dollars compared with September, or 3%, down 27.7% from the same period last year.

The total import volume of 4 million 301 thousand and 600 tons in the first 10 months of 2012 increased by 95.8% over the same period last year.

In the first 2 months of 2012, it imported 535 thousand tons, an increase of 5.9% over the same period last year.

In October, the import volume of import processing increased.

The entry-exit goods in the regulatory places are basically stable, and the other ways are down.

Among them, the share of general trade fell to 60.8%.

Australian cotton continues to grow and remains the leading source of imports. The United States is still in the second place, while Brazil ranks third and its share is also growing.

In October, the average import price of each trade mode was only 5% higher than that of bonded supervision places, and the other modes decreased. Among them, the decline of logistics goods in general trade, import processing and customs supervision was 3%, 1.9% and 5.9% respectively.

The average import price of the five main source countries increased by 2.9% except the US.

Australia, India, Brazil and Uzbekistan fell 2.3%, 14%, 2.6% and 19.2% respectively.

The import customs are mainly concentrated in Qingdao, Shanghai, Nanjing and Tianjin, and the total amount of the four places is total.

More than 80%.

Beijing and Shandong are still the main import areas, the total proportion of the two is 2/3, and the rest of the provinces are less than 10%.