Thirteenth Week 2013 China Cotton Market Weekly

P > 1, domestic "a href=" http://www.91se91.com/news/index_c.asp "> cotton now < /a > goods price runs smoothly < /p >

< p > according to the national cotton market monitoring system, as of March 29th, the new cotton picking, sale and processing basically ended; cotton processing enterprises new cotton sales rate (accounted for the proportion of sales, including storage) 97.2%, an increase of 20.6 percentage points over the same period.

Among them, Xinjiang picking, selling, processing finished; sales rate of 96.4%, an increase of 14.4 percentage points over the same period.

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< p > this week, the sales situation of gauze in textile enterprises continued to increase compared with the previous stage, and the demand for cotton was increased.

In March 29th, the average purchase price of seed cotton in the mainland was 4.21 yuan / Jin, which was unchanged from last week, up 0.1 yuan / Jin, or 2.4%; the average price of seed cotton purchase in Xinjiang was 4.05 yuan / Jin, which was flat compared with last week, down 0.09 yuan / Jin, or 2.2%.

The average selling price of the standard grade lint in the mainland was 19332 tons, unchanged from last week, down 213 yuan / ton, or 1.1%; the average price of Xinjiang standard lint sale was 19504 yuan / ton, unchanged from last week, down 666 yuan / ton, or 3.3%.

Zhengzhou cotton futures contract settlement price in May was 20330 yuan / ton, up 125 yuan / ton compared with last week, or 0.6%, down 210 yuan / ton compared with last week, or 1%. The average price of electronic matching May in the national cotton trading market was 20031 yuan / ton, up 13 yuan / ton compared with last week, or 0.1%, unchanged from the same period last year.

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< p > this week, the storage and storage volume was 64 thousand tons, an increase of 5 thousand tons compared with last week.

As of March 29th, 2012 cotton temporary storage and storage pactions totaled 6 million 506 thousand tons, of which 2 million 441 thousand tons were traded in the mainland and 4 million 65 thousand tons in Xinjiang.

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< p > this week, < a href= "http://www.91se91.com" > reserve cotton < /a > put into operation plan is 350 thousand tons, actually clinch a deal 131 thousand tons, increase 22 thousand tons compared with last week, turnover rate 37.4%, increase 6.3 percentage points compared with last week.

In March 29th, the average paction price (discount 328 level paction price) was 19259 yuan / ton, up 69 yuan / ton compared with last week, or 0.4%.

As of March 29th, the cumulative cotton reserve plan in 2013 was 3 million 358 thousand tons, and the actual turnover was 1 million 9 thousand tons, with a cumulative turnover rate of 30%, with an average grade of 3.91 and an average length of 28.33 millimeters.

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< p > two, international cotton price rebounded slightly < /p >

This week, the international cotton price rebounded slightly, thanks to the increase in the contracted shipment volume of the US cotton and the support of the US Department of agriculture (USDA) survey showing that the US cotton planting area was reduced by 18.6% next year, P.

In March 29th, the ICE cotton futures contract settlement price in May was 88.46 cents / pound, up 1.2 cents / pound, or 1.3%, compared with last week.

The international cotton index (M), which represents the average price of the Chinese main port on the import cotton, is calculated at 1% tariff. The cost of import of RMB is 15569 yuan / ton, up 45 yuan / ton, or 0.3%, lower than that of the domestic market by 3763 yuan / ton, and the price difference decreased 43 yuan / ton compared with last week. According to the sliding tax, the cost of import is 16155 yuan / ton, up 32 yuan / ton compared with last week, or 0.2% yuan, lower than the 3177 yuan / ton in the domestic market, and the price difference decreased by 30 yuan / ton last week.

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< p > three, < a href= "http://www.91se91.com" > cotton yarn price < /a > keep stable < /p >

< p > this week, the volume and price of cotton yarn in the domestic textile market remained stable.

In March 29th, the average price of 10 spun yarn was 17290 yuan / ton, representing a decrease of 0.3% compared with last week, a decrease of 5.4% compared with last week. The average price of 32 cotton yarn was 25970 yuan / ton, down 0.02% from last week, down 0.9% last year; the average price of pure cotton combed 40 yarn was 30830 yuan / ton, which was lower than that of last week.

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< p > the price index of grey cloth released by relevant organizations is that in March 29th, the price index of CGOE10 (DENIM) was 14.35 yuan / m, which was 0.9% yuan last week, up by 0.9% compared with that of last week; the price index of CGC32 (cotton grey cloth) was 6.48 yuan, or 1.5% last week; the price of CG JC40 (cotton combed cloth) was 8.98 yuan / m, flat last week, 3% lower than that of last week; the price index of CGR30 (human cotton grey cloth) was 4.92 yuan / m, down 0.6% from last week, 8.2% lower than that of last week; and the price index of CGT/C45 (polyester cotton grey cloth) was 5.02 yuan / m, which was flat compared with last week, and dropped by 28%.

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< p > US dollar index maintained strong and international cotton price stabilized.

This week, the US Department of Commerce announced third times the fourth quarter gross domestic product (GDP) growth of 0.4% in the US, 0.3 percentage points higher than the second revision announced last month, and the market's confidence in the US economic recovery increased, pushing the US dollar index to a recent high level, forcing the bulk commodity market to operate under pressure.

Basically, according to the USDA report released by the US Department of agriculture (US), the US cotton planting area in February is 10 million 26 thousand acres, a decrease of 18.6%, a decrease of 0.1 percentage points compared with the February forecast, and 8.2 percentage points less than that of the National Cotton Association (NCC).

The US cotton planting intentions are in line with expectations and are limited to the market.

At the same time, the planting time of cotton, corn and soybean in the United States usually starts from the beginning of 4 to the end of May. Before that, the change of the relationship between crops may lead to a certain adjustment of the final planting area.

Meanwhile, since the fall of the ICE cotton price in late March, the signing of shipment of the US cotton has remained stable, indicating that support from the textile enterprises has been bought, and the policy of China's temporary purchase and storage will continue to be confirmed in 2013, which will help stabilize the international cotton price.

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< p > increasing investment in grain and oil reserves and maintaining stable domestic cotton prices.

This week, the Ministry of Finance announced the central budget for 2013.

Among them, the budgetary expenditures of grain, oil and oil reserve materials at the central level were 85 billion 560 million yuan, an increase of 32.6% over the same period last year, an increase of 1.6 percentage points over the same period.

Under the solid support of the central financial investment, temporary purchasing and storage as an emergency measure to ensure grain production will play a positive role in maintaining market stability and guiding grain production.

Basically speaking, textile enterprises in March showed a seasonal pickup in shipments and shipments. Among them, large enterprises and enterprises with import quotas were relatively well operating, and the profits of gauze factory prices increased slightly after improvement.

The recent rise in international cotton prices has resulted in narrowing of the price difference between inside and outside cotton, and the price competitive edge of neighboring countries has been weakened. Enterprises are optimistic about the further growth of shipments in April.

In terms of policy, after the end of the 2012 year's temporary storage and purchase, 2012 new cotton and imported cotton will be released to ensure that cotton can be stored and pferred.

At the same time, in order to maintain the stability of the dominant cotton producing area and stabilize the market expectation, the state will continue to implement temporary storage and purchase in 2013.

In view of the fact that the current national cotton reserves are adequate and the market adjustment is more flexible and targeted, it is expected that the domestic cotton market will continue to run smoothly.

In addition, seeding work in main cotton producing areas has been launched and attention has been paid to weather changes in various regions.

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