Monthly Report On Cotton Imports In China (September 2014)

In September, domestic and foreign cotton prices continued to decline, plus quota restrictions, China's cotton imports fell sharply, and average prices continued to decline. The quota has been used for the first time in more than 1% tariffs since the first time this year. mode In addition to the smaller proportion of raw materials processing, the other three have little difference; Australian cotton in the country of origin continues to be higher than other countries, and the proportion is more than 50%; the import customs are mainly Qingdao, Shanghai and Nanjing; Shandong and Jiangsu are the most importing regions.

According to customs statistics, China imported 122 thousand and 900 tons of cotton in September 2014, a decrease of 81 thousand and 600 tons from last month, a decrease of 40%, a decrease of 39% compared with the same period last year, and an average import price of 2045 US dollars / ton, down 105 US dollars compared with August, or 4.9%, down 6.9% from the same period last year. In the first 9 months of 2014, a total of 2 million tons were imported, down 37.9% from the same period last year.

　 In September, the import volume of each trade mode declined, and the share of feed processing was still the first.

In September, the import of cotton in the United States and Brazil increased slightly, but the share was not large. Although the import of Australian cotton decreased, its share remained at 50%.

In September, the average import prices of all trade modes decreased, and the import and export goods of general trade, raw materials processing, import processing and customs supervision were 6.35%, 18.36%, 3.83%, 4.55% and 5.95% respectively.

The average import prices of the five main source countries also fell, while the US, India, Australia, Uzbekistan and Brazil fell by 5.08%, 3.72%, 4.03%, 3.87% and 0.19% respectively.

　 Import in September Customs Mainly in Qingdao, Shanghai and Nanjing, nearly 70%.

　 The import area is relatively scattered, and Shandong and Jiangsu are relatively large.