Summary Of Cotton Market In 2015: Using Data To Speak

As of the end of May, the national cotton spring sowing (planting) work is basically over, and the cotton area is a foregone conclusion.

Most of the cotton in the country is in the third to fifth true leaf period, and the overall growth is good. Compared with the same period last year, according to the weighted average of cotton planting area of cotton farmers surveyed, the cotton planting area in the whole country decreased by 25.1% compared with the same period last year.

As of May 31st, the total area of cotton planted in the country accounted for 99.69% of the total sown area, which was 0.91 percentage points faster than that of the same period last year.

Gao Fang, executive vice president of China Cotton Association, said on Thursday that cotton production in China's 2015-2016 crop year is estimated to be 5 million 860 thousand tons, according to the association's figure, which is down by 9.8% over the 2014-2015 year.

The people's Bank of China authorized the China foreign exchange trading center to announce that the RMB exchange rate in the interbank foreign exchange market in May 20, 2015 was RMB 1 yuan =6.1125 yuan, so the customs exchange rate of imports and exports in June 2015 will be calculated at US $1 =6.1125 yuan.

Look forward to the import and export business of cotton and textile enterprises.

In February 26th, the National Bureau of statistics issued the "statistical communiqu for national economic and social development in 2014". It pointed out that in 2014, the cotton planting area was 4 million 220 thousand hectares, reduced by 130 thousand hectares; the cotton output in the whole year was 6 million 160 thousand tons, which was 2.2% lower than the previous year.

In 2015, the state continued to implement the pilot project of cotton target price reform in Xinjiang.

Taking into account factors such as cotton production cost and income, market supply and demand, the State Development and Reform Commission issued the target price of cotton in Xinjiang in 2015 at 19100 yuan per ton, approved by the State Council.

China's cotton planting area decreased by 20.1% in 2015 compared with the same period last year.

According to the survey, China's cotton planting area decreased by 20.1% in 2015 compared with the same period last year.

In 2014, China imported 2 million 440 thousand tons of cotton.

According to China Customs statistics, in December 2014, China imported 264 thousand and 500 tons of cotton, an increase of 172 thousand and 300 tons, an increase of 187.11%, a decrease of 344 thousand and 100 tons, a decrease of 56.55% compared with the same period last year; in 2014, 9-12 months, China's total import of cotton 561 thousand and 400 tons, down 562 thousand and 500 tons, or 50.05%%; in 2014, 1-12 months, China's total imports of cotton 2 million 439 thousand and 400 tons, down by an average of 19 tons, or less.