China'S Fall In Demand For High-Grade Cotton Is Aggravated By The Fact That Cotton Has Fallen Into A Poor Sales Situation.

Recently, several foreign businessmen have indicated that although the inquiry and paction of Port Bonded cotton, cotton and Ukrainian cotton were relatively cold, only a small quantity of slightly better Brazil cotton and West African cotton were shipped in a small quantity. However, the attention of Chinese buyers to the 12/1/2 cotton shipping (ON-CALL turnover) and India cotton increased significantly compared with that in October, especially for the 2015/16 cotton exported to Hong Kong before the end of December, mainly due to the 2015/16 year.

The overall grade and quality of cotton had a significant decline compared with the previous years, and the length and horse value were "short board", so as to achieve the high quality of "double 28" and "double 29".

Or insufficient supply, high and low grade lint spreads continue to enlarge, so that the high grade cotton in December or 1/2 months will be used as the raw material for the protection of the raw materials. On the other hand, according to the regulations, 1% of the tariff quotas in 2015 can be extended to the end of February 2016, but due to the quotations made by foreign and domestic large import enterprises, it is clear that before the end of December, American cotton and India cotton can go to Hong Kong, and this year, Xinjiang's cotton picking machine has many problems such as large impurities, short staple, poor consistency and "three wire" heavier problems. Most of the textile enterprises are planning to use the quota retained by 12/1.

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With a large number of high-grade cotton in Xinjiang entering the mainland market through motor pportation and railway pportation, the real estate cotton is also concentrated in the market. Although the number of American cotton that has been cleared by the port is relatively small, it almost falls into the unsalable situation (the length is mainly 1-1/8, 1-3/ 32), and the quotation of the outer cotton is not dared to rise with the rebound of the high quality Xinjiang cotton and Zhengzheng main contract. The main reason is that the consistency of the cotton and lint cotton in the 2013/14 and 2014/15 years is not good, and the grade and strength have also declined. The C/A, SM 1-1/8, EMOT SM 1-1/8's net weight pick up quotation is higher than that of the Xinjiang grade 2128 new cotton plant price 1000 yuan / ton, 500 yuan / ton. Traders in Zhangjiagang, Guangzhou and other places

At the same time, the number of cotton imports is not large, and 1% of the tariff is cotton.

The quota pfer price is high, and the main contract of ICE futures is still consolidated above 61 cents / pound, and the price of RMB will not be lowered. Therefore, the phenomenon of "price free market" will continue.

Recently, some institutions and large cotton textile enterprises have appealed to the departments concerned to consider the issuance of cotton import quotas in 2016. The port traders' response is not positive because the quality of US cotton, Ukrainian cotton and India cotton is worrisome in the year of 2015/16. China's demand for high-grade cotton is shrinking and the about 11000000 tons of state cotton can be filled out at any time.