Africa'S Largest Exporter Of Cotton To China -- Cameroon

In 1-10 months of this year, cotton in China (-75.3%), Burkina Faso (-82.3%), -18.08%, Mali (-22.5%), Togo (-42%), Chad (-5%) and other countries in Benin.

Both fell, but in the same period Cameroon exported 35094 tons of cotton to China, an increase of 17.6%.

It has also become the sixth largest China.

The top five exporters are the United States (500837 tons), India (189810 tons), Australia (175793 tons), Uzbekistan (122626 tons) and Brazil (85212 tons).

Related links:

The total snowfall in Xinjiang and southern Xinjiang reaches 22-24mm and has reached the magnitude of heavy snowstorm.

"The cotton seed purchase and processing of cotton enterprises within the territory have stopped now."

A friend of the mainland who runs cotton business in Xinjiang said that not only the roads were blocked, but also the extremely cold weather after the snow, coupled with a sharp rise in cotton moisture regain, the acquisition process could not be carried out normally.

At present, heavy snowfall is suspended. Cotton farmers in Xinjiang are actively shoveling snow, clearing roads and ginning yards, and linking logistics enterprises to continue to push out Xinjiang cotton road.

On the other hand, these days, most of the ginning mills are "sterile", and the stopping enterprises intend to "re strike the gong and start another business" to make preparations for the continued acquisition.

"The biggest impact may be on some cotton producers and cotton traders in the mainland."

A Hebei cotton trader introduced that Xinjiang snowstorm caused the basic stagnation of the Xinjiang cotton road, and there was no definite time for recovery, causing some factories to panic.

Recently, he slightly raised the spot price, of which the 3128B, 2128B grade cotton out of the Treasury price is 13300 yuan / ton, 13400-13500 yuan / ton, up 100 yuan / ton compared with last week.

He analyzed, in December, Xinjiang cotton railway pport because of tight railway cars, resulting in the railway out of Xinjiang cotton quantity is not big, and highway pportation is convenient, flexible, fast, high efficiency, low insurance costs, timely claims, etc., most enterprises choose highway pportation out of Xinjiang, but this blizzard really disrupted the mainland cotton business, cotton enterprises deployment.

"I think that from December to January next year, Xinjiang cotton will be affected or affected, and there may be a tight supply situation in the mainland."

The cotton trader says that especially high quality cotton has come to a slightly higher price.

According to him, since the beginning of this week, some cotton merchants in Shandong, Hebei and Henan have raised the price of quality Xinjiang cotton, and individual manufacturers have also raised the price of machine picked cotton in Xinjiang.

In December 15th, Shandong's Jining, Liaocheng and other places 3128 class machine picked cotton price was 12800-12900 yuan / ton, individual reached 13000 yuan / ton.

Will real estate cotton start up in the wind? Some market participants have expectations for real estate cotton.

It is understood that these two days in Hebei, Cangzhou, Hengshui and other places, some enterprises sold part of the spot price, 3128B level price of 12950-13000 yuan / ton, although the price has not risen significantly, but the paction is slightly smooth.

Therefore, some businessmen and enterprises speculate that Xinjiang cotton's foreign trade is hindered from bringing about a good phenomenon of real estate cotton.

However, some sensible people believe that we should not overestimate the profits brought by Xinjiang Blizzard to the mainland. It is advisable for ginning mills and cotton producers to actively export their products in order to reduce risks.