Cotton Growth In The Mainland Is Better Than Last Year'S Reserve Price Reduction.

In June, the weather conditions in most of the cotton fields in the mainland were conducive to the growth and development of cotton. The cotton growth was generally in the fifth true leaf stage to the budding stage, and some of them entered the flowering stage. The budding time was earlier, the buds rate was higher than that of the same period last year. Cotton production is expected to increase slightly. Most of the cotton temperature in the the Yellow River river basin is suitable for light and temperature, and several rainfall alleviates the drought. At present, most cotton regions have entered the bud stage, and some have blooming, and a few have been boll. This year cotton The emergence time was generally ahead of schedule, and the rate of emergence was also significantly improved. By the end of June, the average bud rate in the field was 90.65%, an increase of 13.7 percentage points compared with the same period last year. The occurrence of pests and diseases was lighter than that of last year, and the overall growth of cotton was better than that of last year. The output per unit area increased by 3.59% over the same period last year.

　　 Yangtze river basin The meteorological conditions in the cotton area are favorable for the growth and development of cotton. However, the growth of cotton is affected by cloudy rain and light in the Jiangnan cotton area. Heavy rainfall causes some low-lying cotton fields to be flooded. However, due to the low cotton fields in the low-lying plots, the area affected by cotton is not large. In this basin, the seeding rate is faster than that of last year. By the end of June, the average buds rate in the field was 82.71%, an increase of 15.7 percentage points compared with the same period last year. The pests and diseases were lighter than last year, mainly due to the occurrence of Fusarium wilt. The overall growth of cotton was better than that of last year, and the yield per unit area increased by 9.89%.

According to the state Reserve cotton In the announcement of rotation related arrangements (2016 ninth), the formula for calculating the reserve price of the reserve cotton was calculated. The reserve price of cotton in July 10th (2016/2017 -7 July 10th) was 15028 yuan / ton (standard class price) lower than last week's price by 139 yuan / ton. It is understood that because of the high quality of machine picked cotton in Northern Xinjiang in 2016/17 (long fiber length, high fracture strength and A/B value), and the sales rate is fast and the selling price is only 200-300 yuan / ton of hand picked cotton, the income of farmers and machine picked cotton ginning plants is obviously higher than that of previous years. Therefore, in 2017, the contracting cost increased by only 10-12%.

Brazil: in June this year, the export volume of lint cotton in Brazil was 13959 tons, of which 5795 tons to Turkey, 4841 tons to Indonesia. In 2016/17 (July 2016 to June 2017), Brazil's exports totaled 601 thousand and 700 tons, or less than 2/3 of the total export volume of 2015/16. Australia: in May this year, Australia's lint exports amounted to 76394 tons, compared with April (21570 tons), and increased considerably compared with the same period last year. Exports were mainly to China (25527 tons), Bangladesh (10052 tons), Indonesia (8439 tons), Turkey (7897 tons), Vietnam (7774 tons), India (6030 tons), Thailand (5996 tons), South Korea (2169 tons) and Malaysia (1057 tons).

The reserve price of 2016/2017 cotton reserve was 15028 yuan / ton (standard class price), which was 139 yuan lower than last week's price. This week, the price of imported cotton is 11%. In recent years, the quantity of newly released cotton in the reserve cotton has basically maintained at around 10 thousand tons. Recently, the market is divided, and the two sides are deadlocked. On the whole, the cotton market still has more resources to choose from, and businesses offer positive prices. The reserve cotton price has an advantage, which is the first choice for textile enterprises. The warehouse receipts are still at a higher level, while the downstream consumption in July is the off-season in the off-season, and the fundamentals of Zheng cotton are still weak. In the short term, Zheng cotton technical adjustment, today zhengmian lighten up, and the price of cotton also rebounded, it is recommended to wait for the end of the rebound to consider building empty warehouse.

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