Vietnam'S Imports Of Cotton From 1 To August Increased By 14.88%

In Vietnam (2014) from 1 to August, the imports from the United States were up to $4 billion 100 million, which grew by 21.23% compared with the same period last year. The main imports were machinery and its parts, computer electronics and its parts, various kinds of cotton, feed and raw materials.

　　 among The first is machinery and equipment and parts ($550 million 200 thousand, up 11.7% from the same period last year, accounting for 13.1% of the total value of imports from the United States), followed by computer electronic products and parts (500 million dollars, growth 26.27%) and various kinds of cotton (399 million 400 thousand US dollars, 14.88% long).

In the first 8 months of this year, imports from the United States accounted for more than 7 of the total growth in the first two months of this year. Among them, the top 261.13% were tobacco and 261.13% of the same period.

Nanyang imported 28 thousand tons of cotton in the first 9 months.

In October 9th, from the Nanyang entry exit inspection and Quarantine Bureau, the first 9 months of this year, 66 batches and 28 thousand tons of imported cotton were inspected and certified by the Bureau. 132 foreign claims certificates were issued for the imported cotton enterprises in Nanyang, and the claim amount amounted to 1 million 110 thousand US dollars.

The volume of imported cotton in Nanyang has been relatively large, reaching 47 thousand tons and 94 million 810 thousand US dollars in 2013, reaching 28 thousand tons and 54 million 400 thousand US dollars in the first 9 months of this year, accounting for 48% of the total import volume of the whole province. After the arrival of imported cotton, the Nanyang inspection and Quarantine Bureau will carry out the sampling and weighing work according to the regulations, standards and trade contracts, and send samples to the laboratory for quality inspection in time, and timely issue a claim certificate for the unqualified import batches, which ensures the legitimate rights and interests of the cotton enterprises in our city and is well received by the imported cotton enterprises.

USDA10 monthly report: China End of consumption increase inventory decline

In October 10th, the US Department of Agriculture released the Global Forecast of demand for production in October.

Us: US cotton production in 2014/15 is expected to be 3 million 540 thousand tons, down 61 thousand tons. Despite the recent weakening of international market demand, the US cotton export is expected to remain unchanged at 2 million 177 thousand tons, and the final inventory will be reduced from 65 thousand tons to 1 million 67 thousand tons. Under the influence of China's control of the quota of imported cotton, the annual average price of seed cotton is estimated to be 55-65 cents, with an intermediate price of 60 cents, 4 cents lower than the previous month.

　　 Global In the end of 2014/15, the inventory increased by 179 thousand tons to 23 million 321 thousand tons, mainly due to the increase in inventory, output and consumption at the beginning of the year. Output increased by 296 thousand tons, while output in China, India and Pakistan increased, while output in Brazil, the United States, Australia and Zimbabwe decreased. China's consumption has increased by 327 thousand tons. In addition, consumption in Indonesia and Vietnam has both increased and consumption in India has been reduced. Global trade volume is reduced by 174 thousand tons, and China's import volume is down by 218 thousand tons. As output increased and exports declined, India's stock increased by 425 thousand tons at the end of the year. China's final inventory is down by 163 thousand tons, and 17% to 9 million 798 thousand tons outside China.