Cotton City: The International Market Is Turning To India.

According to statistics from the US cotton export sales, as of February 19th, the United States signed a net total of 2 million 195 thousand tons of cotton for 2014/2015, including 2 million 144 thousand tons of land cotton, and 987 thousand tons of cotton and 45% of the shipment. From the current US cotton export contract speed, this year's sales progress is obviously higher than the nearly five years average level, only below 2010 year. Data show that the first half of this year, the United States completed 96% of the total annual exports of the United States, and the sales pressure is very small in the latter half of the year, which will also support the US cotton.

The good export sales data of US cotton make the focus of international market in the later stage turn to India market. According to the US Department of agriculture's forecast of supply and demand in February, India's cotton output reached 6 million 641 thousand tons this year, with an expected consumption of only 5 million 225 thousand tons and a surplus of 1 million 416 thousand tons. However, the import volume of the world's largest cotton importer in this year has been greatly reduced by 1 million 486 thousand tons due to import quotas. Other importing countries have not changed much. Exporters, the largest exporter, has seen a slight increase in US exports, up to now. Sales data Good, has completed the whole year 96% sales task.

And this year, China imported cotton. Purchase The cotton market in India cotton has been shrinking greatly due to the good quality of cotton and cotton, so the restriction of import quotas in China has directly led to the shrinkage of cotton exports in India. Although the purchase and storage of CCI company in India this year has a short support for India's domestic cotton prices, it is expected that after the completion of the India acquisition period, CCI will focus on the collection and storage of the market and the selling and selling of the products. Therefore, with the increase of the number of CCI companies throwing and storing, it will also be expected. Exit The shrinking of cotton prices in India will be faced with greater sales pressure in the future, thus inhibiting the global cotton price and yarn price, and the price of Chinese cotton yarn will also be suppressed.

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