Australian Cotton Is Becoming Popular Among Textile Enterprises.

< p > it is understood that, due to the large fluctuations in the ICE futures market in mid 3 months, the price of Port Bonded < a href= "//www.sjfzxm.com" > cotton < /a > and the shipping date of the far month has also been up and down. The cotton enterprises and traders in China are watching the atmosphere more strongly. The mentality of "buying up or not buying" has gained the upper hand. Part of the cotton mills that have obtained the quasi tariff cotton import quotas and the 1% cotton import quotas within the tariff line think that the ICE main contract in May will fall below 85 cents or even close to 80 cents, so waiting for the emergence of import opportunities.

In addition, due to the anticipation that the relevant departments of the state will launch the new cotton in the 2012/13 year from April, and the amount of bids is also attracted by the quotas of cotton import quotas according to the 3:1 ratio of the sliding tariff, foreign businessmen will generally analyze the selling price of throwing and storing will rise. The paction price of grade three cotton will not be less than 19500 yuan / ton, and the paction price of grade three Xinjiang cotton will be over 20000 yuan / ton, which will support the rebound of foreign cotton and the main force of ICE will oscillate at 85-90 cents.

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According to the survey, although the ICE disk stabilized on the 27-28 day of March, however, the quotations of "a href=" //www.sjfzxm.com/news/ > cotton spot < /a > still had different ranges of decline. On the one hand, all the bonded areas were already "full of cotton", including the pressure of foreign merchants and importers on the inside, and the phenomenon of low price sales was more. On the other hand, although some cotton enterprises had got 1% import quotas for customs duties, sliding tariff import quotas and processing trade cotton import quotas, they believed that the signing of cotton cotton has exceeded 90%, while the quality of India cotton in the middle and later stages of the cotton industry had dropped considerably, while the African cotton had some difficulties in cotton blending. < p

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< p > some foreign businessmen showed that the factory price of India's S-6 ginning factory was stable at 90.20-90.40 cents / LB on 27 and 28, while the price of CIF in China's main port was about 95.10-95.50 cents / lb, which was 3-4 cents / lb and 6-7 cents / lb lower than that of SM grade cotton and Australian cotton respectively. Moreover, the number of mixed batches of cotton blending in India increased significantly, and the proportion of weight loss also increased. The cotton mills in China were more inclined to purchase the Australian cotton in 5-7 months of the 2013 year, not only the quality of cotton was better, but also the shipping date was guaranteed.

Traders in Qingdao, Zhangjiagang and other places indicated that after April, there was a strong expectation that the state would throw high grade cotton and increase import quotas. Most of the textile enterprises with quota would not have to rush to use import quotas in 4 and May.

USDA's intent cotton planting report showed that in 2013, the us a href= "//www.sjfzxm.com/news/index_c.asp" > cotton planting < /a > area decreased by 19% over the same period last year, which is the same as that in February, but lower than NCC's projected 26.8%.

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