Us: Southern Texas Harvest Pleasant Cotton Exports Steady Demand

August 2016 5-11, the Seventh National Congress of the United States

The average price of standard grade spot is 72.06 cents / pound, down 0.69 cents / pound compared with the previous week, up 11.14 cents / pound compared with the same period last year.

In the week, seven spot markets in the US traded 4061 packages, and the total turnover was 6064 packs this year.

During the week, the US spot prices generally declined, and the foreign enquiries in Texas were the most common. Demand in India and Pakistan was the best. Western enquiries in the deserts of the western region were light, and the foreign enquiries in San Yue Jin area were general. The demand in China, Indonesia and Taiwan regions in China was the best. The price of Pima cotton was stable, the cotton farmers had a strong interest in pre-sale, and foreign inquiry was acceptable. Bangladesh, China and India had the best demand.

There are large areas of rainfall in the southeastern United States, where cotton bolls fall off in some areas.

In the southern part of the Delta, heavy rain will continue and new cotton will grow well. The harvest of the new Rio Grande River Valley is coming to an end, and the cotton harvest will come to a climax. The harvest of the new cotton will continue. The harvest in the northern region will begin this week. Thunderstorm will occur in the western part of the country. Most cotton will enter the flowering stage and some cotton fields will be topped; the rainfall in the western desert will relieve the high temperature; the defoliation and processing will begin in two weeks; the snow melting snow in the San Yue Jin area will continue to irrigate the cotton fields, and the new cotton bolls and matures are very good; the processing of parts of Pima cotton will begin to grow rapidly after September 1st. The overall growth has a positive effect; the northern part of the delta is hot and humid, and the early sowing field is about to topping, and the new cotton grows.

US domestic

Factory procurement purchased 4 and 5 new cotton shipped in the first quarter of next year, and the demand for air spinning and ring spinning is acceptable.

US cotton exports are generally in the Far East.