Brazil Cotton, The United States Cotton Shipments Active Favored Quota Quantity Or Change

according to

Zhangjiagang,

Feedback from port traders, since late October, Brazil cotton (including spot shipment) and US cotton shipments were active in the bonded area, mainly in Xinjiang cotton in 2015/16.

Indicators such as length, horse value or strength do not meet the requirements of spinning C40S and above cotton yarn.

At the same time, due to the large number of India cotton S-6, MCU5 and J34 of the main ports in China in 7 and August, it was "one vote hard to find". Therefore, some India cotton enterprises and exporters actively participated in the CCI national cotton store auction, and photographed S-6 and MCU5 shipping to the main port of China, arriving in the middle and late 10 months to meet the "pition period" consumption of Chinese spinning enterprises.

And Qingdao, Zhangjiagang and other bonded warehouses in addition to a small amount of Brazil cotton arrival, and part of the 2014/15 India cotton delivery, from the Chinese buyers reaction, because the 3127 grade Xinjiang cotton, real estate cotton has been "cotton full", plus 1% tariff import quota has not been left, so India cotton can be favored by buyers, it is open to question.

For Brazil cotton, Chinese enterprises are mainly selective inquiries, mainly purchasing SM 1-1/8 and SM 1-5/32. However, a spinning enterprise in Shandong believes that the length of cotton fiber in Brazil is generally very difficult to reach 1-5/32, and there is some moisture in the commodity inspection data, and the impurity and short pile rate are also high, and the comprehensive cost is not lower than that of the United States.

According to recent quotations from foreign and domestic traders, there is a strong expectation that the ICE market will fall below 60 cents / pound strong support position. In order to attract Chinese buyers, the ON-CALL approach is again concerned by buyers and sellers.

A large international cotton trader analyzed that the supply of high grade and high quality lint in Xinjiang cotton area decreased by about 50% compared with 2014/15 in 2015/16. The problem of short length of real estate cotton in the Yellow River basin is also outstanding. The pformation of Chinese textile enterprises has no "reverse road". Therefore, the market of China's imports of American cotton, Australian cotton and Brazil cotton in 2015/16 is much wider than that of India, Pakistan and other low grade cotton. Chinese buyers' enthusiasm for signing 2015/16 cotton is only temporary.

Some large and medium-sized cotton textile enterprises in China indicated that although the quota of cotton imports in 2016 was still 894 thousand tons, the number of quotas that could be obtained by factories could be reapplied or allocated. Therefore, textile enterprises were very cautious about ordering cotton products, cotton and West Africa in the far month contract. They were too heavy to sign contracts and pfer 1% quotas from other manufacturers.