Foreign Cotton Market Is Affected By China'S Purchasing And Storage Policy And Follow-Up Policy.

< p > September 12th, < a href= "http://www.91se91.com/news/" > imported cotton < /a > China's main port price fell slightly, of which India cotton, West Africa cotton and Central Asia cotton all dropped 12 cents, while US cotton and Australia cotton fell 25 cents.

At present, the market basically agrees that the US cotton market will be postponed. Therefore, the inquiry price of "a target=" _blank "href=" http://www.91se91.com/ "> textile > /a" has increased significantly to Australia cotton, India cotton and even Central Asia cotton.

Analysts generally believe that the scale of China's acquisition and storage and subsequent policies will have a significant impact on the foreign cotton market, which is the best way for textile mills to prepare for the bright future of the market.

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< p > International Futures > /p >

< p > September 12th - ICE a href= "http:// www.91se91.com/news/index_c.asp" > cotton futures < /a > rose slightly on Thursday. The buying of technical factors led to lifting cotton from the decline of the US government's monthly outlook report.

The outlook is broadly in line with market expectations for global inventories.

The most active December contract was 0.4 cents higher, or 0.5%, at 84.75 cents a pound.

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< p > domestic stock > /p >

< p > September 12th, the domestic a href= "http://www.91se91.com" > cotton market < /a > prices were stable. The national cotton price A index (CNCottonA), representing the 229 grade cotton prices in the mainland, was 20130 tons, which was flat compared with 11 days. The B price index (CNCottonB) of the national cotton price on behalf of the 328 grade cotton in the mainland was 19277 tons, which was equal to that of 11 days.

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< p > domestic futures > /p >

< p > September 12th, Zheng cotton CF401 contract opened at 19665 yuan, the highest price 19685 yuan, the lowest price 19660 yuan, closing price 19675 yuan, settlement price 19675 yuan, fell 5 yuan; CF309 contract closing price 20500 yuan, settlement price 20945 yuan, fell 55 yuan; total turnover 4266 hand, accumulative position 110980 hand, reduce the hand.

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< p > cotton information > /p >

< p > the Yellow River basin: cotton enterprises are worried about opening up scales, and Shandong seed cotton prices are higher.

This year, the implementation of the new national standard and the decline in the quality of cotton, the enterprise management is more difficult.

A person in charge of a 400 type enterprise in Baoding, Hebei, said that if the purchase is slow, it is bound to pay interest and other expenses. The acquisition is fast and the amount of purchase is large.

As a result, low price and preferred acquisition of a href= "http://www.91se91.com" > seed cotton < /a > became the same choice for cotton ginning plants.

Because of the high price of cottonseed, Shandong cotton enterprises have raised the seed cotton purchase price accordingly.

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< p > the purchase price of new cotton in southern Xinjiang is very low in cotton prices. In September 11th, the purchase price of seed cotton from Aksu West Bridge, Kuping, akia and Sha Ya was 40% yuan / kg, down 0.05 points / kg compared with the previous period.

The ginning factory generally believed that this year's storage difficulty was great, and the storage and purchase rules strengthened in the aspects of the quality of the rolling mill, the "three wire", the length uniformity, the horse value and so on. Even if the storage was successful, the discount rate was also large, and the lint cost was obviously higher than that of the storage price.

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< p > Qingdao Free Trade Zone: inventory keeps stable and African cotton goes out of stock.

On the 2-8 day of September, the total amount of warehousing in Qingdao bonded area was 9800 tons. The largest amount of storage was still in Australia cotton, and the rest were cotton, India cotton, Malian cotton and Benin cotton.

During the week, bonded cotton was exported to 6050 tons, and the quantity of cotton and India cotton exceeded 2000 tons. The output of African cotton was 1100 tons, and that of American cotton was 450 tons.

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< p > Cotton: bonded cotton has been "thawing", < a href= "http://www.91se91.com" > India cotton < /a > supply is now "monopoly".

In September 9th, China started the storage and purchase work in 2013, and the domestic cotton prices and market trends began to enter the "national mode". The rumors of restarting and throwing stocks gradually weakened. In the short term, India cotton, cotton and Central Asian cotton, cotton and Brazil cotton, which were able to arrive at the port before the end of December, became the focus of attention of some cotton mills and traders. Qingdao port's inquiry, goods and orders were warmer than before, and the situation of goods in Zhangjiagang and Shanghai's main ports also rebounded.

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< p > cotton cotton growth is slow and harvest prospects are not very optimistic. This year cotton growth progress has reached a record low level, and may affect the final output.

According to the statistics of the US Department of agriculture, the rate of American cotton bolting is 24%, the lowest level in the same period in the past 30 years, 16 percentage points lower than the average in the past 5 years, and the growth schedule is equivalent to a week's delay.

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< p > India: in the new export policy, tariffs will be raised to 10%.

According to foreign news on September 12th, India's cabinet Economic Affairs Committee (CCEA) will consider a proposal to levy a 10% export tariff on India cotton to the Ministry of textiles, commit, to ensure domestic cotton supply.

At present, this proposal has been listed on the agenda of the Ministry of textiles of India, and will be discussed at the 13 meeting.

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< p > Brazil agricultural counsellor has increased the cotton output this year. It is expected that the recent rainstorm in Brazil will alleviate the drought and create favorable conditions for the new cotton planting.

According to the US Department of agriculture's agricultural Counsellor's prediction in Brazil, Brazil cotton production will increase by 152 thousand tons in 2013/14, 44 thousand tons higher than the official forecast of USDA, an increase of 24.1% over the same period last year.

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< p > [market review] < /p >

< p > the purchase and storage of the new year will not cause the domestic a href= "http://www.91se91.com" > cotton market < /a > to appear as tight as the previous year. During the period of the acquisition and storage of the cotton price, the core of the price paction will be lower than the same period of the previous year.

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