Weekly Report Of China'S Cotton Market (15-19 April 2013)

First, domestic cotton spot prices fell slightly.

According to the state cotton Market monitoring system monitoring, as of April 19th, the national cotton picking and processing and cotton processing basically ended; the new cotton sales rate (accounted for the proportion of processing, including storage) was 98%, up 15.2 percentage points over the same period. Among them, Xinjiang new cotton sales rate of 97.5%, an acceleration of 11.3 percentage points over the same period.

This week Spin Enterprises pay more attention to the delivery of cotton reserves, and the price of domestic spot market steadily decreases. In April 19th, the average purchase price of seed cotton in the mainland was 4.19 yuan / kg, down 0.01 yuan / Jin, or 0.2%, up 0.12 yuan / Jin, or 2.9%; 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 national cotton price B index, representing the average selling price of lint cotton in the mainland, was 19311 yuan / ton, down 13 yuan / ton compared with last week, or 0.07%, down 134 yuan / ton, or 0.7%; the average price of Xinjiang standard lint sale was 19504 yuan / ton, unchanged from last week, down 482 yuan / ton, or 2.4%. Zhengzhou cotton futures contract settlement price in May was 20400 yuan / ton, down 5 yuan / ton compared with last week, or 0.02%, down 200 yuan / ton compared with last week, or 1%, while the average price of the electronic contract in the national cotton trading market was 19921 yuan / ton in May, compared with last week, it fell 86 yuan / ton, or 0.43%, down by 137 yuan / ton, or 0.7%. This week the average cotton rank is 3.83, the average length is 28.27 millimeters, the weighted transaction price is 18811 yuan / ton, and the 328 class transaction price is 19227 yuan / ton (public weight), down 31 yuan / ton compared with last week.

Two, international spot prices rose slightly.

This week, the prices of commodity markets plummeted, and New York futures prices fell. But the US cotton export data performed well and the spot price quotas remained stable. In April 19th, New York cotton futures contract settlement price in July was 85.8 cents / pound, down 1.3 cents / pound, or 1.5%, compared with last week. In April 19th, China's main port of import cotton quotes (M) was calculated at 1% tariffs. The cost of importing the renminbi was 15028 yuan / ton, up 118 yuan / ton, or 0.8%, lower than the domestic market 4283 yuan / ton, and the price difference narrowed 131 yuan / ton last week. According to the sliding tax, the import cost of RMB is 15709 yuan / ton, up 94 yuan / ton compared with last week, or 0.6%, lower than the domestic market 3602 yuan / ton, the price difference narrowed 107 yuan / ton last week.

Three, cotton yarn prices remain stable

In April 19th, 32 branches. Pure cotton The price of combed yarn was 25955 yuan / ton, unchanged from last week, down 125 yuan / ton, or 0.5%, and polyester staple price 10170 yuan / ton, down 80 yuan / ton compared with last week, or 0.8%, down 860 yuan / ton, or 7.8%.