Australia Cotton Has Become The Priority And Choice Of Textile Enterprises In Various Countries.

Recently, the Australian Cotton Corp said that due to adequate rainfall, Australia's cotton planting area will continue to expand, Australia's cotton output in 2016/17 will nearly double over the same period last year, reaching 880 thousand tons or more (Australia's cotton output up to 1 million 150 thousand tons in 2012); correspondingly, since September, port and bonded cotton, cotton, West Africa cotton, Ukrainian cotton inquiry and pactions are more active, and spot and spot shipment of Australian cotton stocks continue to decline.

Despite the timely rotation of reserve cotton,

The combed yarn is "too big to use", and after 2 million 600 thousand tons of dumping in 2016, the remaining about 8000000 tons of stocks account for a large proportion of low quality and low grade cotton stocks.

Some foreign and Australian ginning factories indicated that as of the end of September, there were few Australian cotton available in the 2015/16 year, and the smooth export of Australia cotton to China, Vietnam and India made the cotton mill and exporters full of expectations for the 2016/17 cotton market (Australia cotton is expected to be on sale in April, with a sales period of 4-9 months). For Chinese textile factories and traders, the Australian cotton market is just in the market of "inter annual supply of cotton", which has effectively compensated for the shortfall in the supply of high-grade and high-quality Xinjiang cotton after the 2016/17 March.

The author judged that although the US cotton output increased significantly in the year 2016/17 (according to USDA's estimated increase of about 30%), the West African cotton production is expected to increase rapidly. Brazil and Uzbekistan cotton continue to get a "cup of soup" from China's imports. However, the attractiveness of Australia cotton to Chinese buyers will not be very obvious. China will still be the main battleground for the export and competition of Australia cotton. The reasons are as follows:

First,

The quality has the upper hand in the competition with American cotton.

In September 27th, the CNF quotations of the US cotton C/ASM, EMOTSM and SM grade cotton in the same month as the shipping date for 9/10 were 83.5 cents / pound, 82.5 cents / pound, 85.2 cents / pound respectively, the same level cotton price was only higher than the US cotton 1.7-2.7 cents / pound, compared with the 2014 / 2015 annual 5-8 cents / pound difference greatly narrowed; and the Australian cotton fracture strength ratio was above 30GPT and above, and the fiber length was also more than 1-5/32 and above. The spinnability and consistency were also significantly better than those of cotton and Brazil, such as cotton picking, short fiber, impurities, and foreign fiber, and so on. For the Chinese buyers, the Australian cotton had a higher price performance ratio.

Two, 9 mid and late, part of the cotton area has suffered hail attacks, which has a great impact on the quality of seed cotton and lint.

According to Xinjiang's agriculture department and some research institutions, the total output of Xinjiang cotton in 2016/17 is expected to reach 370-380 tons, accounting for more than 80% of the total output of the country, but in late August to early September, Kashi will still have a total output of more than 10 million tons.

And other parts of the cotton area continued to rain for nearly half a month. In late September, hail in Akesu and Korla and other cotton producing areas in the northern Xinjiang and the cotton yield in the main cotton producing areas in Northern Xinjiang were significantly lower than expected (mainly mid flowering), which may lead to the supply of high-quality and high-grade cotton in Xinjiang in 2016/17.

Three, 2016/17 US cotton exports can do "article" is not big.

Taking into account that in September 15th 2016/17, the US cotton had signed 1 million 113 thousand tons of cotton exported to Mexico, accounting for 46% of the total volume measured by USDA and significantly higher than that of 2015/16 and 2013/14. Enterprises such as Vietnam, Indonesia, Turkey, Pakistan and other countries actively sought for the purchase of cotton in the United States and increased substantially (Pakistan grew by 92 thousand tons, up 4600%). Therefore, at present, the United States cotton is not a buyer's market, but the daughter of the emperor of the United States cotton is not worried about getting married.

Four, global high grade and high quality cotton needs "blowout".

In recent years, the proportion of new equipment in Vietnam, India, Indonesia and other cotton mills has increased. Skilled workers have become more proficient. The output of 32S and upper count combed yarn and combed yarn has increased significantly. India cotton and Pakistan cotton can not fully meet the needs of cotton mills due to impurities, length, strength, hetero fiber, consistency and horse value. Therefore, the focus of inquiry and purchase of cotton mills and traders has shifted to the international market, with emphasis on West Africa cotton, American cotton and Australian cotton.