China Has Ordered Us Cotton And India Cotton To Be Shipped In Advance After December.

< p > a few days ago, when the investment fund was concerned about the Federal Reserve's withdrawal stimulus plan and the double negative pressure of China's June PMI's 9 month low, the ICE cotton futures disk continued to decline with the bulk commodities and the stock market. The main contract in December dropped 85 cents in the market, and the market rebounded later. But in the short term, in the southwest of the United States, the rainfall in the cotton area eased the drought, the port bonded cotton sales were very slow, and the Chinese government continued to vigorously throw out the fundamentals of the 2011 cotton imports. The main ICE would test 82.92 and 81.72 cents two early lows.

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< p > according to some actively participating in the auction of the 2011 imported cotton textile enterprises, although the price of India cotton and American cotton in some small and medium traders and foreign special offer plates is lower than the throwing and selling price after the customs clearance, the quality of cotton in 2011 is generally better than that of the port bonded cotton in terms of length, short staple rate and cotton consistency.

A textile manufacturer in Jiangsu said that the quality of American cotton in 2011 was very good, and the State Reserve inspection was stricter. From the point of view of the US cotton, the spinnability and consistency of the products were stronger than those of the current port bonded cotton.

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The CIF quotations for prompt shipment are 90 cents / pound, 91 cents / pound (90 days letter of credit), but the domestic cotton mills and traders have made very few inquiries and orders. On the one hand, they have entered the late stage of India cotton sale, and the technical indicators of lint quality, consistency and micron value are very poor. Most foreign businessmen are "falsely" indicators, especially the proportion of horse value C1 has increased significantly. On the other hand, from the point of time, the national cotton storage and storage will end at the end of July, and domestic cotton enterprises will have enough time to pick up cotton from the national cotton auction, plus the May sliding tariff, cotton import quotas have been basically distributed in place, and they can always see the big samples and orders at the bonded warehouse. < p > 21, a India cotton merchant S-61-1/8 ", SM1-5/32".

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P > from the survey, the will of the pfer of large and medium-sized cotton textile mills continue to decline for the use of import quotas. After the end of July, part of the plan is to choose the imported part of the foreign cotton to the new cotton before the end of July. The other part mainly takes into account the needs of the enterprises in the year of 2013, and the amount of quotas available to the cotton, the Australian cotton, Australia cotton and India cotton for the period of December.

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