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    Cotton Spot Price Rises And Cotton Prices Down In International Market

    2013/12/24 13:39:00 43

    CottonCotton MarketTextile

    < p > November, domestic cotton picking basically ended, temporary storage and storage progressed smoothly, and cotton spot prices rose.

    Cotton prices fell in the international market.

    Cotton imports decreased year by year, < a target= "_blank" href= "http://www.91se91.com/" > textile > /a > production and export growth.

    < /p >


    < p > < strong > 1. The domestic cotton market is basically stable < /strong > < /p >


    < p > according to the national cotton market monitoring system, as of the end of November, the new cotton harvest basically ended, the seed cotton sale rate was 84%, down 1.5 percentage points compared with the same period last year; the cotton processing enterprise's new cotton processing rate (accounted for the proportion of sales) was 80.6%, down 3.3 percentage points compared with the same period last year; the sales rate of new cotton (accounting for the proportion of processed products, including storage) was 57.7%, down 5 percentage points compared with the same period last year.

    Among them, the seed cotton sale rate in Xinjiang was 94.6%, down 3.6 percentage points compared with the same period last year, and the new cotton processing rate was 84.2%, down 7.2 percentage points compared with that of the previous year, and the sales rate of new cotton was 63.4%, down 5.9 percentage points compared with the same period last year.

    < /p >


    < p > with the cotton purchase coming into the middle and late stages, the quality of the seed cotton is reduced, and the seed cotton price is slightly reduced.

    In November, the average purchase price of seed cotton in the mainland was 4.3 yuan / kg, down 0.01 yuan / Jin, or 0.2%, and the average price of seed cotton purchase in Xinjiang was 4.3 yuan / kg, down 0.2 yuan / Jin, or 3.7%.

    The average selling price of the standard grade lint in the mainland is 19588 yuan / ton, up 145 yuan / ton from last month, or 0.7%; the average price of Xinjiang standard lint sale is 19862 yuan / ton, up 159 yuan / ton, or 0.8%.

    Zhengzhou cotton futures contract settlement price of 19725 yuan / ton in recent months, down 517 yuan / ton from the previous month, or 2.6%, and the average price of electronic matching pactions in the national cotton trading market in recent months was 19297 yuan / ton, down 524 yuan / ton, or 2.6%.

    < /p >


    < p > accumulative total of 1 million 979 thousand tons this month, including 1 million 423 thousand tons in Xinjiang and 556 thousand tons in the mainland.

    By the end of November, the total volume of storage and storage in the current year was 3 million 63 thousand tons, of which 2 million 228 thousand tons in Xinjiang and 835 thousand tons in the mainland.

    In order to meet the needs of textile cotton, the relevant departments decided to sell cotton reserves to the market since November 28th, with the approval of the State Council. The turnover was 26 thousand tons in that month.

    < /p >


    < p > < strong > two, and the cotton price in the international market dropped < /strong > < /p >


    < p > November, the price of cotton fell in the international market, due to the large number of cotton market in the northern hemisphere and the lack of global cotton demand.

    In that month, the price of China's main port on the coast of imported cotton was calculated to be 13780 yuan / ton at 1% customs duties, down 556 yuan / ton from last month, or 3.8%, and 14940 yuan / ton according to sliding tax, a decrease of 383 yuan / ton, or 2.4% decrease from last month.

    New York cotton futures contract settlement price in December was 76.55 cents / pound, down 6.03 cents / pound from last month, or 7.3%.

    < /p >


    < p > strong > three, cotton import decreased, textile production and export growth < /strong > /p >


    < p > according to the statistics of the General Administration of customs, China imported 173 thousand tons of cotton in November, a decrease of 131 thousand tons compared with that of the previous year, a decrease of 43.1%, and a total of 3 million 539 thousand tons of cotton imported in 1-11 months, a decrease of 23.1% over the same period last year.

    < /p >


    < p > according to the statistics of National Bureau of statistics, the output of Chinese yarn was 3 million 436 thousand tons in November, an increase of 7.2% over the same period last year.

    1-11 months of yarn production totaled 32 million 921 thousand tons, an increase of 8.3% over the same period.

    According to the statistics of the General Administration of customs, in November, the export of our textiles < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > exports amounted to US $24 billion 460 million, an increase of 16.6% over the same period last year. The total export volume of textiles and clothing in the 1-11 months was 258 billion US dollars, up 11.8% over the same period last year.

    < /p >


    < p > November, the average price of 32 a href= "http://www.91se91.com/news/index_c.asp" > pure cotton < /a > combed yarn was 25782 yuan / ton, down 11 yuan / ton, or 0.1%, the average monthly price of polyester staple was 9696 yuan / ton, down 95 yuan / ton, or 1%.

    < /p >

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