Cotton Spot Purchases Weaken, Businesses Are Watching.
< p > according to the practice of some large farmers in Awati, such as Ping Ping, Sha ya, and so on, according to the usual practice, local farming households were planted in a regiment, two regiment and three regiment of Nong Yi division, and even sowed more than 50%. Only when the sowing date ended in April 25th could it be launched 3-5 days earlier this year.
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Cotton growers are not widespread (drip irrigation can replenish water at any time), and cotton farmers worry about missing soil moisture in early March. Therefore, there are still some areas to be launched before the end of March; secondly, some cotton areas in southern Xinjiang, Kashi and Akesu have large alkaline soil, and cotton germination and seedling emergence are greatly affected. Cotton growers believe that planting in advance can lead to a large number of seedlings and reduce seedlings, which can be taken ahead of schedule or replanted or replanted. Thirdly, because of the concentrated planting of large cotton producing counties, villages and villages, the seeding machine works almost 24 hours a day, especially when the fine seeding equipment is more intense. < p > the reason is that on the one hand, some cotton producing counties in Akesu, Xinjiang use drip irrigation equipment.
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< p > it is understood that due to the State Department's explicit statement that the new cotton will be thrown in 2012 after the end of the purchase and storage in March, so as to supplement the situation of high level < a href= "http://www.91se91.com/news/index_c.asp" > cotton < /a > supply shortage in the market, therefore, the inquiry and purchase of cotton spot goods by mainland cotton enterprises and traders in recent days has obviously weakened, and some cotton mill buyers are returning to the mainland.
On the one hand, nearly 95% of the cotton industry in the territory has been handed over to the national reserve, and few cotton stocks that do not meet the demand for storage or not in batches. Generally, there are only a few tons or tens of tons of cash available for circulation.
In March 27th, the spot quotes for grade three and four lint were 20400-20600 yuan / ton (gross weight, in-house pickup), 19800-20000 yuan / ton (gross weight) respectively, but basically they were quotations not in stock, but not in stock.
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< p > wait and see high level < a href= "http://www.91se91.com/news/index_c.asp" > Import Cotton > /a > appropriate opportunity to start again < /p >
< p > ICE cotton fluctuating space increased significantly. After six or seven working days of continuous rise, ICE's recent contract rushed to 95 cents, and due to the European debt crisis and the cotton planting area or higher factors, the first few trading days continued to decline, the lowest fell to 85 cents. The last two working days were expected to resume stability in anticipation of China's next year's purchasing and storage policy. The price of the international cotton spot market also adjusted with futures, buyers were in a wait-and-see state, and the market actually traded less.
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< p > it is understood that last week, during the continuous decline of ICE cotton, some buyers increased procurement efforts for new cotton in Australia. The actual paction price was more than 102-103 U.S., and individual Cotton Traders sold more than 5000 tons per day.
This week the market stabilized, enquiries reduced, turnover returned to the dull stage.
At present, the quota of the additional issuance is in place. < a href= "http://www.91se91.com" > textile > /a > factory procurement and traders compete synchronously, but the price accepted by the textile mill is higher than that of the traders.
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The Auction Of Storage And Storage Is Coming To An End. The Price Of High-Grade Cotton Is Strong.
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