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Recovery Of China's Cotton Market Or Recovery Policy

2013/4/21 8:03:00 50

Cotton Collection And Storage Cotton Market Cotton Market

despite being in a weak macro environment, a href= "//www.sjfzxm.com/news/" and "cotton futures" /a at home and abroad can still be strong but not firm. In addition to benefiting from the support of China's purchasing and storage factors, its supply and demand is gradually improving, and it is also accumulating energy for the late cotton price. 
 domestic production is expected to be strong. Because cotton prices continue to run low in recent years, cotton farmers' enthusiasm for planting has been seriously hit. According to the international cotton advisory board (ICAC), the new cotton planting area of the world's major cotton growing countries will continue to shrink in 2013/2014. Among them, the US will drop more than 20% over the same period last year, India will decline by 7%, Australia's total output will shrink by 14%, and China will also reduce 6.8%. Based on the tight judgement of the supply side, sensitive international speculative funds used this advantage to lift the US cotton futures price to a new high in the past year. 
 at home, under the influence of natural disasters and comparative benefits of grain and cotton, the extrusion effect of "a href=" //www.sjfzxm.com/news/index_c.asp "> cotton planting < /a > is more significant. According to the national cotton market monitoring system March 2013 cotton planting intention area survey report, in 2013, China's cotton planting area is expected to decline by 6.8%, to 68 million 180 thousand acres, for the first time in 10 years fell below 70 million mu. The shrinkage of domestic cotton planting area is a foregone conclusion in the new year, and the supply side will become tighter in the future. This means that raw materials for a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a will also enter a tight period. Cotton textile industry is expected to usher in spring after two years of industry downturn. 
 the terminal demand has improved significantly, and the cotton market has been turned into a benign driving environment. The continuous large-scale loose monetary release and deleveraging promoted the significant improvement in the US and EU economies in recent months. In the context of the gradual warming of the external market demand, China's textile a target= "_blank" href= "//www.sjfzxm.com/" > clothing "/a" exports also benefited from a substantial improvement. According to the latest data released by the General Administration of customs, from January 2013 to March, domestic textile and apparel exports totaled 57 billion 889 million US dollars, an increase of 15.73% over the same period last year. At the same time, the domestic market also showed a trend of prosperity. The order of cotton textile enterprises increased significantly, and the order of individual factories in April was already full. According to the China cotton information network survey, in March, the stock of textile enterprises was 828 thousand and 500 tons, up 68 thousand and 700 tons compared with February, and the yarn stock of textile enterprises was 19.84 days, an increase of 0.1 days from last month, and grey cloth inventory for 23.97 days, an increase of 0.2 days from last month. 
 because the main factors affecting the cotton textile industry are consumer market and export trade, and the reduction of textile and garment export trade is the main reason why the cotton textile industry has been in the doldrums in recent years. At present, the world economy, which is dominated by Europe and America, has seen a warming trend, and consumption is on the rise. Therefore, the increasing external demand in the future will undoubtedly stimulate the production of domestic textile enterprises, thus speeding up the procurement of raw materials for cotton, pushing up the bottom of cotton prices and shifting the cotton market into a benign driving environment. 
 US cotton export volume reached a new high this year. In the case of terminal demand turning to benign driving, the bottom-up industrial chain spanmission is raising the scale of US cotton exports. According to the data released by the US Department of agriculture at the end of March, cotton shipments are more than 70 thousand tons in recent years, and the average annual shipment of 50 thousand tons per week in the next 20 weeks can complete the 2 million 778 thousand tons export target set by the US Department of agriculture. It is estimated that the annual signing of the US cotton contract will go far beyond the latest estimates of the US Department of agriculture. 
 the future domestic a href= "//www.sjfzxm.com" > cotton supply and demand < /a > pattern is expected to further improve. In spite of the current shortage of high cotton, the government will take measures such as increasing import quotas and directional dumping and storage. However, considering the benefits of protecting cotton farmers, the overall negative impact on cotton prices will be limited. In addition, the new cotton purchase and storage plan for the new year has been announced recently. It will continue to open up and store up, and the temporary storage price will still be 20400 yuan / ton, which will undoubtedly block down the cotton price in the future and help the multi parties to take the upper hand to avoid the future trouble. In the later stage, once the profit is expected to take shape, Zheng cotton price is expected to go up to a new level.