India'S Domestic Spot Exports 400 Thousand Tons Of Cotton
According to the latest forecast of Cotton Corp in India, as of December 13th, the new cotton market in India was 1 million 236 thousand tons, the CCI seed cotton purchase volume was 114 thousand and 800 tons, and the cotton export volume was about 409 thousand and 700 tons. In recent weeks, India's domestic stock is strong. Cotton ginning factory Sales are limited.
November, February of next year, India cotton The listing rate has reached 70%, but cotton harvest is ahead of schedule this year.
A research institute in India called this year India Cotton planting area decreased by 7.5%, and cotton production is expected to drop by 11% to 5 million 695 thousand tons. It is mainly caused by a large reduction in planting area and serious pest and disease in northern India.
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South Korea's Ministry of industry and Commerce Resources announced the "import and export trends in 2015 (December and full year) and the 2016 import and export outlook" report that the total export volume of South Korea to (2015) was US $527 billion 200 million, a decrease of 7.9% compared with the previous (2014) year, and the import volume of US $436 billion 800 million, which was also significantly reduced by 16.9% compared with the previous (2014) year. The trade surplus was US $90 billion 400 million, and a new record higher than before (2014) years. The annual import and export volume is the provisional value of Customs Statistics for January 1st ~12 31.
South Korea's exports (2015) were affected by the global economic downturn, oil price decline and Global trade volume reduction, which declined with the structural changes in the import structure of China and the increase in overseas production by Korean companies. However, export volume continued to increase in the world, ranking higher in the world than in 2014, ranking sixth in the world. On the other hand, although imports of capital and consumer goods increased, oil prices fell sharply, resulting in a significant reduction in imports of raw materials, and overall imports continued to decline.
In 2015, the 13 largest export items in South Korea (the Provisional Statistics for customs clearance from January 1st to December 31st) increased 10%, 0.5% and 0.3% respectively, except for the export of wireless communications machinery, semiconductors and ships. Exports of computers, general machinery, automobile parts, automobiles, flat displays, textiles, iron and steel products, household appliances, petrochemicals and petroleum products declined by 1%, 3.2%, 4.1%, 6.4%, 8.1%, 10.3%, 15%, 15%, 15% and 10.3% respectively. The main export areas (provisional values of customs statistics from January 1st to December 20th): exports to Vietnam, including the US, mainland China, the European Union (EU), the ASEAN (ASEAN), the Middle East, central and South America and Japan, have declined by 0.6%, 5.6%, 6.9%, 11.4%, 12.4%, 14.6% and 20.4%, respectively, in addition to the 24.3% increase in exports to Vietnam.
The import situation in 2015 (the provisional value of customs statistics from January 1st to December 20th), imports of consumer goods increased by 3.3% compared with the previous (2014) year, imports of capital goods increased by 1.2%, and imports of raw materials decreased by 29.6%. Among them, imports of consumer goods, automobiles and mobile phones increased by 22.6% and 82.5% respectively, while imports of other plastic products and fruit products decreased by 7.4% and 20.9% respectively. Capital goods projects, memory semiconductors, process controllers, other wireless communication machine parts and aircraft imports increased by 34.7%, 15.7%, 18.1% and 34.2% respectively. The import of raw materials, including coal, steel products, gas, crude oil and petroleum products, declined by 17.8%, 24.9%, 41%, 41.8% and 48.8% respectively.
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