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    External Cotton Digestion Into The Game, A Slight Decline In The Volume Of Stalemate.

    2017/8/3 19:56:00 51

    Outside CottonPriceMarket Quotation

    According to feedback from Cotton Traders in Qingdao, Shanghai, Zhangjiagang and other places, the main contract of ICE continued to be consolidated in a narrow body of 68-69 cents / pound. In 2017, a large amount of cotton import quotas were consumed in the 1% tariff and the 414 thousand tons of cotton planned by the Central Cotton Storage company were going public inspection, and all of them were affected by Xinjiang cotton. In the past week, the signing of cotton and cotton contracts between China and Hong Kong at the spot and 8/9 months has slowed down significantly compared with the previous period, and the differences between traders and buyers in terms of price trend have increased.

    Industry analysis, on the one hand, according to customs statistics, the total import volume of 636 thousand tons in 1-6 months in 2017 increased by 48% compared with the same period last year.

    Brazil cotton

    No delivery of customs clearance and a small number of textile enterprises plan quotas extended to the end of February 2018 before the use of the exhibition, so the 1% tariff quota that can be used for circulation and consumption has been very few. On the other hand, textile manufacturers and traders are looking forward to extending the 1 months of the reserve cotton rotation and adding 414 thousand tons of Xinjiang cotton to the wheel. It is expected that the supply pressure of high grade and high quality cotton will be greatly alleviated in 9 and October. The price of US cotton and Australian cotton is higher than the reserves of Xinjiang cotton 1500-2000 yuan / ton.

    Recently, some textile enterprises and middlemen said that the quality of 2016/17 cotton cotton, West African cotton and India cotton in 6/7 months arrived in the bonded warehouse continued to decline compared with that in 4/5 months, while the C/A 1-1/8 "EMOT/MOT SM/M 1-3/32" and other high grade but low length, low fracture strength cotton ratio increased.

    First, Chinese enterprises in 2016/17.

    American cotton

    The US cotton 5/6 month in Indonesia and other ports have pferred to Hong Kong (high quality has been cleared away), and fiber length, strength and other indicators are lower than those in the early and middle stages. Secondly, considering the large increase in the US cotton planting area in the 2017/18 year, the international cotton merchants and exporters have adopted the bundling sales strategy with high quality and low quality, and the intention of clearing the goods is obvious. Again, in the first ten years of July, the US cotton had oversold 7-8%, and the contract sales in Australia cotton exceeded 90%, which could not replace the delivery. In the year of 2014/15 and 2015/16, Chen cotton went out of the warehouse to deliver the goods (the seller appropriately compensated the difference), and a small number of contracts were postponed to the 2017/18 year because of the fact that the US cotton could not meet the requirement of spinning high yarn. The import enthusiasm is much higher than expected, and some of them are pported to Southeast Asia (Vietnam, India,

    From the survey, due to the 2016/17 year

    Australia cotton

    Sales are coming to an end, and the quotations for India cotton in 2016/17 and 2017/18 are still high. (25-27 July, S-6 1-5/32, "the Far East Main Port quoted 86.10-86.30 cents / pounds, respectively, higher than C/A SM, EMOT SM's quotation of 1 cents / pound, 5-5.20 cents / pound". Considering that the global cotton supply in 8-10 months has been in the "no longer" period, Vietnam, Indonesia, Malaysia, Thailand and other cotton mills have increased the inquiry and signing enthusiasm of Brazil cotton for the month of shipment.

    On the one hand, the price of Brazil cotton is far below EMOT SM3-4 cents / pound at present, and the price advantage is relatively obvious. On the other hand, the output and quality of Brazil cotton in this year are significantly higher than that in 2014/15 and 2015/16, especially the fiber length is generally above 1-1/8 and above, the breaking strength is more than 29GPT, and the 100% machine is picking cotton. The gap between the cotton and the United States cotton has been shrinking, which is in line with the requirement of high spinning high count yarn.

    For more information, please pay attention to the world clothing shoes and hats and Internet cafes.


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