More And More American Cotton, West African Cotton And Australian Cotton Are Stored.

According to textile factories and traders in Hebei, Jiangsu, Shandong, Henan and other places, since the middle of May, more and more national storage cotton, West African cotton and Australian cotton have been listed and circulated since the middle of 2012.

On the one hand, due to the concentrated storage of foreign cotton in Jiangsu, Hebei and Shandong, Dezhou's warehouses are concentrated and 100% of them are sold. They have to cooperate with the "package inspection" and "duplicate inspection", and are responsible for the loading and unloading of the trucks. The limited capacity of loading and unloading is simply "unacceptable". Although the imported cotton has been sold by auction, the difficulty of picking up and leaving the warehouse is far greater than that expected by the cotton enterprises, resulting in a serious situation of high grade and high quality imported cotton "staircase often ringing and people not coming down" on the market; on the other hand, due to the 2012 National Reserve

The total volume is expected to be no more than 300 thousand tons. As of May 23rd, the total import volume of cotton imports was 257 thousand and 400 tons. At present, there is little left for the imported cotton. The textile factories and traders are bidding more and more fiercely for the imported cotton resources with limited quality, which leads to the quotations of the national cotton reserves for 2012 in the spot market.

2015/16 annual price of Australian cotton, American cotton and Ukrainian cotton (after customs clearance).

From the quotations of foreign FOB, CNF and CIF, the phenomenon of uncoordinated period is still prominent, and the oscillation amplitude of ICE is 1-2 cents per pound, but the spot price is more rational, and the pace is slow. The gap between SM 1 5/32 cotton and C/A 1 5/32 cotton and C/A SM on the 23 and 24 days of May is 0.8-0.9 cents / pounds, 2 cents per pound, respectively.

The competitiveness of new cotton in 2016 has been greatly improved.

Australian cotton traders said that the Australian cotton total length, fracture strength, horse value and other indicators were very ideal in the year 2016, and Australia cotton accounted for a large proportion of 31GPT and above, and the quality advantages of cotton, Ukraine cotton and Brazil cotton were exhausted. The circulation of the cotton market was also restricted by the outgoing capacity and demand of the cotton and the low order of high counts and combed yarn. The Australian cotton market in 2016 will become the focus of attention and purchase of Chinese and even global cotton importers and importers. Although the price increase space is in a semi closed state, the contract paction or usher in a blowout. After all, the Chinese textile enterprises and operators still hold 50-60 tons, and the import quota of cotton within 1% tariff in 2016 will be selected. Certain

On the 20-24 th of May, the mainland market countries' reserve prices for cotton, cotton and West Africa were 14000-14500 yuan / ton, 12500-13000 yuan / ton, 13000-13300 yuan / ton respectively (gross weight, non net weight). The price of cotton in the United States was basically the same as that in Xinjiang cotton (2015/16). The difference between West Africa cotton and corps 3128 hand picked cotton was not great; and cotton in Australia was higher than that in Xinjiang cotton, which was close to 1000 yuan / ton.

The reasons for purchasing the national cotton reserves in 2012 from the spot market are concentrated on the following three aspects: first, there are more than four hundred or five hundred tons of cotton bales in the country's stores, which are often tied up for four hundred or five hundred tons. Generally speaking, small and medium cotton mills take into account the situation of funds and orders, and they can't eat any more. It is beneficial to both sides from the hands of traders or large spinning enterprises. The two is that the imported cotton has been rechecked, especially the weight of the new batch is not only high, but also the weight error has been greatly reduced. Several textile enterprises in Hebei and Shandong indicated that

From the survey point of view, traders have some objections to the weight of very few imported cotton. The overall error rate has dropped greatly. Three, the acquisition and processing of Australian cotton and American cotton in the port of 2015/16 for 7-12 months at present, the color grade and quality are also larger than that of the new cotton. In the middle and later stages, the fracture strength ratio of the flowers decreases, the horse value difference is large, and the fiber consistency is not high.