Latest Inventory Of International Cotton Industry (5.17)

< p > < strong > < /strong > < a > href= > http://www.91se91.com/news/ > > strong > India cotton > /strong > /a > strong > quotation.

< p > because the dynamic recovery of the US economy is relatively strong, the data of employment and so on are obviously better than expected. In addition, the delay of Texas cotton planting has caused investors to worry more about American cotton. The 14 day ICE main contract has stood 85 cents steadily, and is expected to continue upward in the near future.

From a technical point of view, the trend of ICE cotton futures has not changed much in recent weeks. It is a horizontal adjustment market. It is expected to continue a small rebound in the short term and pay attention to changes in weather factors.

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< p > May 15th, a cotton trader's India cotton S-6M1-1/8 "and S-6M1-5/32" offer 92 cents / pound and 92.5 cents / pound respectively, while S-6SM1-5/32 quotes 93 cents / pound (90 days letter of credit), and has not adjusted for three consecutive days, but the actual paction price has dropped slightly.

According to traders in Qingdao, Zhangjiagang and other places, on the one hand, the buyer thinks that the factory price of S-6 ginning mill in India has dropped to 86.80-87 cents / pound, and there is still a certain decline in the price of India cotton regardless of shipping date or port < a href= "http://www.91se91.com/news/index_c.asp" > bonded cotton < /a >; on the other hand, a large quantity of cotton is thrown out of the National Reserve in 2011, and the India cotton will be pported mainly in the middle and later stages, and the proportion of mixed batches and short weight increases, and the proportion of short staple is also rising.

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< p > it is understood that with the continuous small rebounding of ICE disk, the US dollar quotations for cotton, cotton and West African cotton have risen, but the margin of the offer and quotations has increased. Some foreign merchants in the 2013 months of the year 7/8 offer a price of 0.50-0.80 cents / pounds for the SM class cotton, and the profit margin of port cotton and West African cotton is generally 0.50 cents / pound.

Several Cotton Traders in Qingdao said that since mid May, except for the 2012 Australian cotton and a small amount of India cotton S-6, the US cotton and West Africa cotton have been very inactive.

As port foreign trade zone has been "pferred to port" due to some foreign and large importers, India cotton arrived in a big decline since mid April, and some cotton enterprises in China use active tax quota and processing trade quota to import (mainly port spot, large quantity and ready to see goods pricing). Therefore, the cotton storage volume of Qingdao, Zhangjiagang and Shanghai three main bonded areas is basically in the state of "getting in or out".

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< p > < strong > West Africa < a href= > http://www.91se91.com > cotton yield > /a > increase substantially next year prospect is optimistic < /strong > /p >

(P) the United States Agricultural counselors analyzed the cotton production and marketing situation in West Africa before. The seed cotton production in West Africa increased by 100 thousand tons in to 1 million 600 thousand tons, up 29% over the same period last year, mainly due to the abundant rainfall in the main cotton producing countries and the year-on-year increase in output per unit area.

Overall, cotton production in West Africa has increased significantly in recent years, but still below the level it was ten years ago.

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< p > Burkina Faso: domestic cotton production is expected to be 730 thousand tons in 2013/14, up 14% over the same period last year.

The United States Agricultural counselors believe that if the yield of pgenic cotton exceeds 1.1 tons per hectare, and the farmers will expand their planting, seed cotton production is expected to reach 65-70 tons.

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< p > Mali - domestic political turmoil has little effect on the a href= "http://www.91se91.com" > cotton production < /a >, and seed cotton output in 2012/13 decreased by 44 thousand tons to 500 thousand tons, slightly higher than the previous year.

China expects seed cotton production to grow at 522 thousand tons in 2013/14, up 14% over the same period last year.

The government plans to increase seed cotton production to 800 thousand tons over the next five years.

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< p > Ivory Coast -- seed cotton production increased by 20 thousand tons to 360 thousand tons in 2012/13, up 41% over the same period last year.

The reason for the sharp increase in output is due to adequate rainfall in the cotton producing areas, high purchase prices set by the government, production subsidies and proper production management.

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< p > Chad -- the high purchase price of domestic farms has promoted the expansion of cotton growers. The sown area of 2012/13 was 267 thousand hectares, an increase of 57% over the same period last year. However, excessive rainfall resulted in the prediction of seed cotton production from 118 thousand tons to 100 thousand tons, but it still increased 28% over the same period last year, almost double that of 2010/11.

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< p > Senegal - the country expects seed cotton output in to be 32250 tons, an increase of 7000 tons compared with the same period last year.

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