British Exportation Has A Great Influence On The Export Of Bangladesh

The DCCI of Dhaka, Bangladesh, said in a statement that Britain's departure from the EU will affect Bangladesh's export industry.

Bangladesh currently enjoys zero tariff treatment for most of the EU's exports, such as Britain's withdrawal from the EU, and Bangladesh's uncertainty about whether the UK exports enjoy the above treatment.

In addition, the EU accounts for Bangladesh.

55%, Britain accounted for 12%, and Britain's devaluation caused the pound and euro to depreciate, which directly led to Bangladesh.

Declining incomes and devaluation of overseas Chinese remittances in the United Kingdom and the European Union.

DCCI called on the government to take immediate action to assess the impact of the UK's withdrawal from Europe and to conduct bilateral negotiations with the UK as soon as possible.

Bangladesh Minister of Commerce said that although Bangladesh exports will be affected by the exchange rate in the short term, Bangladesh will continue to increase exports to the UK in the long run if Britain continues to implement preferential tax policies for Bangladesh.

Farooq Hassan, vice chairman of the garment manufacturers and Exporters Association (BGMEA), said that Britain has always advocated preferential tax incentives for the least developed countries, and that Europe should not affect the existing treatment in Bangladesh.

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Under the influence of Zheng cotton, it went out of a 2 Day rally. On Friday, it returned to the European commodity market and the stock market fell in the UK. The main contract in December closed at 64.59 cents / pound Friday and fell 129 weekly.

In the later stage, the pressure of further upward pressure is obvious. In small environment, the quantity of China's launch has great impact on the market price, and there is uncertainty.

The impact of Britain's withdrawal from Europe on the global economy and cotton remains to be seen.

Cotton distribution.

Market spot resources have been scarce, and the price is obviously higher than the 300-500 yuan / ton of the cotton coming out. The cotton reserves have been accepted by most of the cotton mills and become the main body of cotton blending. Compared with the spot, the purchase of the cotton reserves needs to consider the time of storehouse, and the resources should be fully considered to prevent the supply disruption from affecting the quality and production.

On the spot.

Due to the continuous decrease in the volume of delivery, the paction price has been fired up, the stock market in the spot market is limited, and the trend has been rising.

The "double 29B" in the inland library is reported to be 13700-14000 yuan / ton, "double 28B" 13500-13700 yuan / ton, "double 28C" 12700-13000 yuan / ton, the quality of the real cotton is 10500-12800 yuan / ton, the price of the imported cotton is low, the price is high, the US cotton is 13500-14000 yuan / ton, the Australian cotton is 14500-14800 yuan / ton, the quality of the United States cotton is up to 12800-13500 yuan / ton according to the quality, the Australian cotton is 13800-14300 yuan / ton, and the selling price of the domestic cotton rises with the wheel. The price of the cotton with good quality has generally risen by 100-200 yuan / ton, and the long staple cotton is relatively large because of the large inventory, limited consumption and relatively stable price. Spot prices rose by 100-200 yuan as a whole.

In terms of rotation.

Eighth weeks after the launch, the selling price was 12325 yuan / ton, and the sale dropped sharply. The weekly turnover was 105633 tons, the week reduced by 25906 tons, the average price was 12230 yuan / ton, the week rose 145 yuan / ton, the total turnover was 953 thousand and 300 tons, of which 296 thousand and 100 tons of imported cotton, the turnover rate was 98.16%, and the domestic cotton 657 thousand and 200 tons, the turnover rate was 96.94%.

At present, the amount of input is the focus of the market. It has a direct impact on the futures and spot prices. It has not been able to keep up with the public inspection. It is difficult to put up the quantity and the difficulty of releasing the warehouse. It has aroused the attention of the National Development and Reform Commission. It has instructed the implementation of the rectification of the cotton reserves, and the market parties are waiting for the rectification effect.