The Demand For Us Cotton Spot Exports Is Stable &Nbsp, And The Growth Of New Cotton Is Optimistic.

Spot and spot prices

On the 11-17 th of June 2010, the average price of the standard market spot in the seven largest markets in the United States was 76.19 cents / pound, up 2.65 cents / pound from the previous week, up 26.02 cents / pound compared with the same period last year.

ICE futures market contract settlement price in July was 80.80 cents / pound, down 1.71 cents / pound compared with the previous week.

In the week, the seven spot markets in the United States totaled 3076 packets, down 1982 from the previous week.

On -24 June 18, 2010, the price of AWP was 77.68 cents, and the LDP subsidy was 0 cents.

Transaction status

During the week, the major spot markets in the United States were not active, the supply and demand was flat, the average price rose, the CCC cotton loans were not active, the West had new flower sales, the domestic textile factories did not purchase, the foreign textile mills generally had no inquiry, the San Yue Jin area did not have long-term sales, the domestic textile mills did not purchase, there was no new flower sales and domestic procurement in the western desert area, the demand and price of Pima cotton were stable, there was a small number of overseas enquiries, no long-term sales, and domestic factories did not purchase.

Cotton sowing in spring and weather conditions

　　當周，美國東南部地區維持高溫干燥天氣，苗情總體良好，但高溫導致土壤水分快速流失;三角洲北部氣溫偏高，雷雨天氣對幼苗生長有利，新棉全面進入現蕾期;三角洲南部的高溫促使棉花加速生長，現蕾率為20-47%;西南得克薩斯州中東部的降雨使干旱有所緩解，但旱情沒有根本消除，沿海地區新棉長勢理想，多數地塊已進入開花和結鈴期;得州西部高原局部地區暴雨過后天氣轉為晴朗干燥，有利于新棉生長，南部高原地區遭遇狂風暴雨和冰雹，但新棉受損輕微，該州棉花長勢總體正常;西部圣約金地區維持晴熱天氣，半數地塊苗情為良好以上;西部沙漠地區進入花期和鈴期，大部分地區苗情正常或良好;圣約金皮馬棉的生長比計劃晚了2-3周，遠西部地區天氣炎熱，但棉花生長總體良好。

Demand situation of textile factories at home and abroad

During the week, the domestic textile mills in the United States purchased some grade 4 cotton in 2010 for 6-10 months, and procured 4 grade cotton and 5 grade cotton for immediate shipment.

Because of the continuous demand for gauze, most factories are running at full capacity.

US cotton export inquiry is stable.