March 14Th Domestic And Foreign Cotton Industry Focus On News Inventory

< p > < strong > India Cotton Association opposed the use of inventory control price < /strong > /p >

< p > > India a href= "http://www.91se91.com/news/index_c.asp" > cotton < /a > Association (CAI) requires India Cotton Corp (CCI) not to use its inventory to control market prices.

< /p >

"P," Shane, President of India Cotton Association, said: "India Cotton Corp should not support only the private textile industry.

The sale of cotton to any entity, including factories, traders, exporters or foreign purchasers, should be sold, no matter who the price is.

< /p >

Last week, the India Cotton Textile Export Promotion Association (TEXPROCIL) asked the government to instruct the India Cotton Corp to release part of its inventory to suppress domestic cotton prices, and domestic cotton prices have exceeded international prices.

< /p >

Ramaswamy, President of the India Cotton Textile Export Promotion Association, said that India's Cotton Corp and marketing alliance purchased 2 million bales of cotton in the three months ending January, which were purchased at the lowest price supported by the government.

In the past few months, the government has sold only 20-30 bales of cotton, resulting in a shortage of cotton supply.

Triggered by these institutions, private traders began to hoard cotton.

< /p >

< p > although India is estimated to have surplus cotton production, India is still looking for cotton from other countries to meet demand.

< /p >

< p > India Cotton Corp should reduce its losses to the Treasury, so we should sell cotton to the highest bidder.

We need to consider the huge losses caused by a few customers a few years ago, and formulate a sales policy.

< /p >

< p > since October, cotton prices in the domestic market have risen by 10-12% since the beginning of this season, while international prices have risen by 20% over the same period.

< /p >

< p > in the past few months, due to the good demand for yarn, cotton's < a href= "http://www.91se91.com/news/index_cj.asp" > price < /a > has increased, and the factory has obtained a good profit, the statement said.

< /p >

< p > strong > Australia will become the second largest exporter of cotton in the world < /strong > /p >

< p > it is reported that Australia will become the second largest cotton exporter in the world after the cotton harvest last year and the cotton production is expected to be higher again next month, next to the United States.

< /p >

< p > Australian agriculture resource economics and Science Bureau (ABARES) said that the estimated annual export volume of Australia cotton will reach 1 million 100 thousand tons, an increase of 11% or 2011-12 over the 2011-12 year, but it is estimated that the cotton output this year will not exceed that of last year. It may be 21% less than last year's 1 million 200 thousand tons, 945 thousand tons.

< /p >

< p > but Australian cotton growers may not get much benefit from the bumper harvest, because cotton prices this year dropped 20% from last year to 460 Australian dollars / bag (a pack of cotton weight 227kg), and last year the price was more than 544 Australian dollars.

ABARES said that the price of cotton in 2013-14 is not going to be too big this year, about 453 Australian dollars / bag.

< /p >

< p > < strong > cotton inspection has broken 7 million tons < /strong > < /p >.

< p > as of March 13, 2013, the total number of cotton processing enterprises in the whole year of 2012 cotton was processed according to the cotton quality inspection system reform plan and the notarization test was carried out. The inspection volume reached 30974987 packs and 7013446 tons. The total number of cotton processing enterprises was 30974987.

< /p >

< p > Xinjiang has 4437028 tons of public inspection (including 1554492 tons of corps), 694025 tons in Shandong, 572263 tons in Hubei, 533668 tons in Hebei, 178032 tons in Hunan, 144940 tons in Anhui, 107084 tons in Gansu, 90243 tons in Henan, 86367 tons in Jiangsu, 73290 tons in Jiangxi, 73290 tons in 73290; 86367 tons in quarantine;

{page_break} < /p >

< p > < strong > rainy weather affects cotton purchasing and spinning enterprises favor high quality cotton < /strong > < /p >

< p > at present, the temperature in Nangong of Hebei has been greatly reduced by 12 days of rainy weather. The highest temperature is only 8 degrees Celsius. The highest temperature dropped by 15 degrees Celsius on the previous day. According to the local meteorological department, it is mainly cloudy in the next few days, and cloudy in 16 days, causing the local cotton enterprises to reduce the number of seed cotton purchase. Because of the domestic cotton yarn < a href= "http://www.91se91.com/news/index_s.asp" > market /a > not fully improving, only the high demand and high cotton yarn demand is strong, so the textile enterprises prefer the Xinjiang cotton with high quality to the outside cotton, and its sales price remains high and stable.

< /p >

Most of the products in the cotton byproduct market have been running smoothly after a series of disadvantageous finishing, and some of the products have gone up again. < p >

Compared with yesterday, the domestic stock of oil and oil stocks is relatively large, and the blending advantage of cotton oil is not obvious. The turnover is relatively light. The price of cotton seed is high and the cost price support will affect the price of cottonseed oil. The price of cottonseed meal is 2600 yuan / ton, which is 50 yuan / ton higher than that of yesterday. It was raised by 100 yuan / ton compared with last weekend. It is understood that the soybean meal is in short supply due to the small stock of products in the market, and the price of cottonseed meal is rising. It is expected that cottonseed meal will remain strong in a short time. The sales price of cotton lint is 3500 yuan / ton, and the sales price of cotton shell is 980 yuan / ton, which is unchanged from yesterday. The sale price of cottonseed oil is 7700 yuan / ton.

The sale price of cottonseed is 1.28 yuan / kg, up 0.01 yuan / Jin compared with yesterday, which is 0.02 yuan / kg higher than that of the previous day. It is understood that the main reason for the rising price of cottonseed is: the supply of soybean seeds in the market is seriously insufficient, the price of the cottonseed market is increasing, and the price of cotton seed is increased. So, the cotton seed price is rising. Two is the seed cotton resources decreasing. Most cotton enterprises stop the seed cotton purchase at the end of the national storage, the cotton seed market is greatly reduced, the cotton enterprises are reluctant to sell the mentality, and the price will be stronger. Three, because of the rainy weather, the cotton enterprises temporarily stop the seed cotton processing, and the cotton seed speed is faster.

< /p >

There are 13 working days before the purchase and sale of P auction contract, which is about 20 days from the end of the closing and closing of the auction. The local cotton enterprises have already stopped the acquisition work, and only after the inspection results come out, they will finish the warehousing work. This means that the acquisition of seed cotton will be over.

Due to the lack of market seed cotton resources, the number of daily acquisitions is only around a few thousand kilograms. At present, the acquisition status is still maintained.

< /p >

< p > March 13th, the purchase price of local grade 4 seed cotton was 3.95 yuan / jin (lint percentage 34%, moisture regain 11%).

According to the 3% loss, the processing cost is 600 yuan / ton, the production cost of grade 4 lint is 19100 yuan / ton, and the grade of cotton enterprise storage is 427 grade lint, and the storage profit margin is 400 yuan / ton.

< /p >

< p > textile downstream market maintained a consolidation pattern, cotton yarn shipments were not smooth, but the sales of high grade cotton yarn slightly improved. Therefore, textile enterprises preferred the Xinjiang cotton with high quality and the outer cotton, and the quotation was strong. The real estate cotton market remained stable, but it was in the market without price, and the turnover was light.

The sale price of 4 lint cotton is 19000 yuan / ton (net weight pick up ticket), the weak 4 level selling price is 18800 yuan / ton, the 5 grade cotton sale price is 17000 yuan / ton, all are flat compared with yesterday.

The Xinjiang real estate 3 class cotton quotation is 20500 yuan / ton, the Australian cotton SM level quoted price is 20500--20700 yuan / ton, the US cotton quotation is 20000 yuan / ton, Malian cotton quoted price is 19300 yuan / ton, all maintains the high level.

< /p >