Cotton Prices Will Not Rise Sharply

< p > July 15th, the price of China's main cotton imports rose, but the varieties rose by only 0.25 cents.

At present, the purchasing intention of textile mills is very low, whether it is "a href=" http:// "www.91se91.com/news/index_c.asp", "national cotton store < /a" or imported cotton.

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< p > on the one hand is the recent "a href=" http:// "www.91se91.com/news/index_c.asp" > cotton price < /a > fall too fast, on the other hand, the downstream demand is low, and the finished product sales are not smooth.

Although the negative impact of the USDA supply and demand report on the market has basically subsided, the recovery of demand will be the main reason for the sharp rise in cotton prices.

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< p > July 15th, the international cotton index (SM) 87.22 (cents / pound, the same below), rose 25 points, folded the general trade port delivery price 15111 yuan / ton (calculated according to the sliding tax, the exchange rate was calculated according to the Bank of China's middle price), the international cotton index (M) 84.12 cents, increased 26 points, folded the general trade port delivery price 14805 yuan / ton.

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In the < p > SM1-1/8 grade cotton, the US C/A cotton's < a href= "http:// www.91se91.com/news/index_c.asp" > quoted price < /a > 87.86 (cents / pound, the same below), and the discount general trade port delivery price is 15208 tons (calculated according to the sliding tax, the same below).

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< p > us E/MOT cotton quotation is 85.80, discount general trade port delivery price 15002 yuan / ton.

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< p > Australian cotton quotation is 89.56, discount general trade port delivery price 15382 yuan / ton.

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< p > Uzbekistan cotton quotation is 92.70, discount general trade port delivery price 15711 yuan / ton.

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The quotation of < p > West Africa cotton is 87.60, and the general trade port delivery price is 15182 tons.

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< p > India cotton quotation is 86.20, discount general trade port delivery price 15042 yuan / ton.

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The quotation of < p > us E/MOTM1-3/32 grade cotton is 83.60, and the general trade port delivery price is 14788 yuan / ton.

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< p > reported that backward technology, low labour productivity, dependence on imports of raw materials, only processing and assembly are the limitations of Vietnam's textile and footwear industry's exports.

In the global supply chain of textile industry, such as cotton planting, spinning, weaving, dyeing, clothing processing and marketing, Vietnam has only done the best in garment processing.

However, in order to enjoy the relevant preferential policies of the FTA, Vietnam must improve the links of cotton and yarn raw materials and dyeing.

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< p > reported that many Vietnamese raw materials are not marketable, because most importers require the use of designated raw materials, and these raw materials basically rely on imports.

Ye Chengjie, vice president of the Vietnam leather luggage Association, said that in order to enjoy the preferential policies of the FTA agreement to be signed, many importers allowed producers to choose raw materials for their own production, but the quality of the selected raw materials must meet the standards.

What is worrying is that there are not many Vietnamese enterprises that meet the requirements.

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