In March Cotton Imports Continued To Decline, And Their Strength Gradually Lost.

According to the General Administration of customs, China imported 57 thousand and 900 tons of cotton in March 2016, an increase of 2.97% tons, an increase of 2.97% tons, a decrease of 7 tons and a decrease of 54.73%.

In September 2015 -2016 March, China imported 575 thousand and 400 tons of cotton, a decrease of 434 thousand and 200 tons compared with that of the previous year, a decrease of 43.01%.

In 2016, during the 1-3 month period, China imported 209 thousand and 700 tons of cotton, a decrease of 238 thousand and 500 tons compared with that of the previous year, a decrease of 53.21%.

In the 5 month, the national cotton reserves began to go out, and then the market supply increased. The average price of the first round of auction was based on the mean value of imported cotton and domestic cotton. The linkage between the international market and the domestic market will increase unprecedentedly, so that the cost of domestic textile materials will be in line with the international market, and the competitiveness of textile and downstream products in the international market will be enhanced, 3 months.

A sharp improvement in exports and cotton exports is a new start, and domestic demand will continue to stabilize in the late stage.

4, cotton rose wildly in the month, and Zheng cotton evolved from the original depth premium to the current premium market. The space over the short term is limited, especially in the background of the orderly storage of cotton reserves in the future. The supply of the market is adequate, and demand has not been effectively and rapidly rising. The cotton price has risen sharply and lacks the basis of the stock market. It is suggested that the industrial customers later pay attention to the selling date of the futures contracts in the futures market.

This year

The import volume of single month has dropped considerably compared with previous years, and the price of domestic and foreign cotton has almost levelled off. So the price advantage of imported cotton has almost disappeared. Now it is less than 10 tons per month. It can be said that the impact of imported cotton on domestic cotton has dropped to a very low level.

The state issued only quota enterprises to purchase high-grade imported cotton, and the focus of domestic consumption is still on domestic cotton.

Before the listing of new cotton, domestic supply to a large extent depends on the internal and external linkage of the state and the price of the wheel. It is foreseeable that the domestic and foreign markets will be the strongest link this year.

Overall, cotton

In the wake of subtle improvement, speculative capital is short selling.