The Progress Of Reserve Cotton Outgoing Is Slow.

1, according to the latest statistics of the General Administration of Customs of China, in May 2016, the export volume of textiles and clothing was US $23 billion 516 million, an increase of 12.74%, an increase of 0.53% over the same period last year.

Among them, exports of textiles (including textiles, yarns, fabrics and articles) amounted to US $10 billion 205 million, an increase of 1.59% over the same period last year. Exports of garments (including garments and accessories) were US $13 billion 311 million, down 0.27% from the same period last year.

2, June 12th, China

The management company plans to sell and store 30 thousand and 100 tons of cotton, and all of them are made of domestic cotton. The actual turnover is 28 thousand and 800 tons, with a turnover rate of 95.57%, and the average paction price is 12030 yuan / ton.

As of June 12th, the accumulative total of 763 thousand and 800 tons of cotton reserves was planned for 2015/2016, and 744 thousand and 900 tons of accumulated warehouses were sold, with a turnover rate of 97.53%.

On the spot:

Index 3128B price of 12656 yuan / ton, compared with the previous trading day rose 11 yuan / ton.

Warehouse Receipt Inventory: 877 registered warehouse receipts and 846 valid forecasts.

(40 tons per cotton for each).

Conclusion: because of technical selling, the US cotton futures oscillation has dropped.

At home, the progress of reserve cotton production is slow, the auction rate is high, and the cotton price in the spot market is supported in the short term. However, there are still variables in the policy area, and the possibility of increasing the market supply by adjusting the policy of dumping and storage still exists. Therefore, cotton prices are expected to remain oscillatory.

Technically,

1609 the contract oscillation has risen, and the short-term oscillation market is still in the short run.

On the operation, it is recommended to wait and see for the time being.

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As the base of China's textile industry base, the textile industry in Haian County of Jiangsu province continued to show a strong and strong trend of development. In 2015, the county's 171 Textile Enterprises above Designated Size achieved 36 billion 939 million yuan in sales and increased by 10.41% compared with the same period last year, laying a solid foundation for Haian to become the first county in the Nantong to have an industrial invoice value of over 100 billion.

Haian textile industry can maintain a good development trend under the pressure of economic downfall. One of the reasons is that Haian attaches great importance to the pformation of science and technology, and actively guides textile enterprises to increase investment in science and technology, and actively carry out various forms of industry university research cooperation with universities and scientific research institutions, so as to provide scientific and technological support and intellectual support for the long and long development of enterprises.

Haian holds regular annual conference on scientific and technological achievements of textile and silk polyamide industry, and experts from the Chinese Academy of Sciences enter Haian. The above scale textile enterprises achieve full coverage of production, teaching and research; there are joint state-level enterprise technology centers, National Post Doctoral scientific research workstations, state-level accreditation laboratories (CNAS), the only national silk silkworm cocoon silk industrial engineering and technology research center in the domestic silk industry, the National Silk processing technology research and development sub center, the first National Key Laboratory of silk weaving industry in Jiangsu province (CNAS), and the Jiangsu provincial yarn dyed textile engineering technology research center, the new textile spinning engineering technology research center of the heart and province, and the provincial special nylon engineering technology research center.

In addition, the Haian branch of the Chinese Academy of textile science has been set up in Haian, and the key enterprises such as Luen Fat Group, Shuang Hong textile, Xinyuan group, Wen Feng Chemical fiber and so on have all completed the enterprise research institute. More than 1800 Textile Science and technology personnel have engaged in technological innovation, and have undertaken more than 100 national and provincial science and technology items. Each year, more than 1000 newly developed varieties, new flower patterns and new materials have been developed independently. The natural color cocoon silk, functional silk household textiles and silkworm cocoon silk comprehensive development are in the leading international level, and many products have been identified as national and provincial high-tech products and independent innovation products.