Cotton Weekly Of The Department Of Agricultural Marketing Of USDA

< p > according to the < a href= > http://www.91se91.com/news/index_s.asp > cotton > /a > weekly report of the Department of agricultural marketing of the US Department of Agriculture: < /p >

< p > November 15, 2013, -11 21, the average weekly price of cotton spot dropped 43 points compared with last week.

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< p > as of Thursday (November 21, 2013), the basic quality cotton (chroma 41, leaf chip 4, fiber 34, micron value 35-36 and 43-49, strong 27.0-28.9, uniformity 81.0-81.9) average price in seven designated markets a week 74.26 cents per pound.

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< p > the average price this week is lower than last week's average price of 74.69 cents, but higher than the 68.08 cent in the same period last year.

The lowest daily average price is 73.83 cents on Tuesday (November 19th), the highest point being 74.64 cents on Thursday (November 21st).

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< p > up to the end of November 21st, according to the daily cotton spot market paction report, spot pactions totaled 44836 packages, compared with 48248 packets last week, and 123985 packets in the same week last year.

This year, spot pactions totaled 220849 packages, compared with the total turnover of 423414 packages in the same period last year.

Thursday's ICE New York cotton settlement price in March was 78.35 cents, compared with 77.46 cents last week.

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< p > < strong > the United States Department of Agriculture announced that the special import quota of No. fifteenth cotton is less than /strong > /p >

< p > the US Department of agriculture Commodity Credit Corp announces the special import quota of the land cotton, and allows the import of the land cotton equivalent to the domestic a target= "_blank" href= "http://www.91se91.com/" > textile > /a > plant weekly consumption.

The quota was established in November 28, 2013 and allowed 13544062 kilograms (62207 bales) of land cotton.

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The quota of < p > fifteenth will be established in November 28, 2013. The purchase time of upland cotton is not later than February 25, 2014, and the time for entering the United States is not later than May 26, 2014.

The amount is equivalent to a week's cotton consumption in the domestic textile mills. The calculation is based on the seasonally adjusted average consumption in December 2012 -2013 February, which is the most recent three months data available.

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< p > in addition to the published quota, if the price terms are justified, the Ministry of agriculture will also announce an increase in the import quota.

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< p > < strong > cotton production area Abstract < /strong > < /p >

< p > southeastern market.

Cotton spot trading is moderate.

The supply is moderate.

Demand is good.

Growers offer moderately.

The local average price is stable.

CCC- loan interest trading is inactive.

The growers are busy locking in the futures prices of 2013 cotton futures contracts for futures, or before the first notice, the contract is extended into the long term.

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< p > Central and Southern markets.

In the northern part of the Delta, cotton spot trading is inactive.

The supply of cotton is very small.

The demand is light.

The local average price is stable.

CCC- loan interest trading is inactive.

No forward contract report.

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< p > the southern part of the Delta, cotton spot trading is light.

The supply is light.

Growers offer light.

Demand is good.

The local average price is stable.

CCC- loan interest trading is inactive.

No forward contract report.

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< p > Southwest market.

Eastern Texas / Oklahoma active spot trading.

The quantity is moderate.

Demand is moderate.

Local average prices fell.

CCC- loan interest trading is inactive.

Foreign enquiries are good.

Enquiries are most active in China, Brazil and Turkey.

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< p > western Texas.

Spot cotton pactions are active.

The supply is moderate.

The demand is very good.

Local average prices fell.

CCC- loan interest trading is inactive.

Foreign enquiries are good.

China, a target= "_blank" href= "http://www.91se91.com/" > shoes < /a > and Turkey inquiry are most active.

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< p > western market.

The spot cotton trade in the southwest desert area (DSW) is inactive.

The supply of cotton increased in 2013.

Growers offer light.

Slow demand.

The local average price is stable.

No forward contract or domestic textile mill report.

Enquiries for foreign textile mills are light.

The growers delivered the cotton that was signed earlier.

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< p > St. SJV.

Spot trading of cotton is in a state of inactivity.

The supply of cotton is moderate and demand is stable.

The local average price is stable.

No forward contract or domestic textile factory activity report.

Enquiries for foreign textile mills are light.

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< p > American Pima cotton.

Spot trading is inactive.

The quantity is moderate.

The demand is light.

The local average price is stable.

Enquiries in foreign textile mills are sluggish.

Germany, Pakistan and South Korea have the most active enquiries.

The shipper said China and India replenish the cargo for the first quarter.

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< p > < a href= "http://www.91se91.com/news/index_c.asp > > textile mill < /a > report.

Enquiries made by domestic textile mills are light.

Most textile mills have made up for the cotton they needed in the first quarter of 2014.

The report shows that the price of the cotton contract has already been improved since the price of the cotton contract signed in 2013 has been stable and the supply has increased.

Most textile mills plan to limit the downtime on Thanksgiving Day; many textile mills will maintain 24 hours of operation, while the finished product customers plan shows that some factories are planning to suspend production for 4-5 days.

It is reported that part of the warehouse departure date is scheduled for the second half of January to the middle of -2.

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< p > demand for export channels is moderate.

Buyers in the Far East are asking for secondary or low grade cotton every day.

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