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    Latest Cotton And Cotton News In Recent Years

    2011/12/23 10:50:00 3

    Latest Domestic Cotton News

    Cotton futures message:


    On the 22 day, the M index of imported cotton did not rise or fall, but it was still 99.84.

    Cent

    The discount price is 16640, and the price difference between cotton and inner cotton is -2487 yuan / ton.

    Domestic cotton price 328B index continued to rise 26 points to 19127.


    The purchase of new cotton is coming to an end. The price of seed cotton is stable and slightly rising. The price of cottonseed has gone up.


    As for storage and storage, as of 21 days, 2011 cotton temporary storage and storage totaled 1 million 744 thousand and 300 tons, accounting for 17.44% of the total cotton consumption expected in the year.


    On the 22 day, the market was mixed, with MA1205 rising 214 to 20680, which is rarely the same as that of Zheng's cotton 1205.


    Global cotton message:


    In December 21st, the Xinjiang development and Reform Commission released the report on cotton production, marketing and policy recommendations of Xinjiang autonomous region in December 21st. In 2011, the cotton planting area of 24 million 570 thousand mu in the autonomous region of the autonomous region increased by 2 million 660 thousand mu or 12% over the previous year, with an estimated total output reaching 2 million 840 thousand tons, an increase of 14.5%, and an average yield of 108.68 kg of cotton per mu, an increase of 15.32 kg or 16.41% over the previous year's actual production.

    The output of cotton in Northern Xinjiang is generally lower than that in southern Xinjiang, and the quality of cotton is slightly lower than that in southern Xinjiang.


    Mexico 2011/12 cotton

    yield

    The estimated increase is up to 1 million 190 thousand bales.


    Egypt's cotton exports have dropped by 23429 tons since September.


    Conab, the Brazil government's agricultural forecasting agency, said that as the world's fifth largest cotton producer, Brazil's cotton production in 2011/12 may decline.


    Australia's 2011/12 cotton production is projected to increase by 19% over 1 million 70 thousand tons.


    Domestic cotton prices are supported by purchasing and storage.

    Expected market outlook

    rebound

    The situation is still expected to be maintained.


    Yarn message:


    On the 22 day yarn price, polyester and short, sticky short unchanged, KC32S, JC40S fell by 50, respectively, 25350, 30600.

    Market demand for pure cotton yarn is missing.


    In November 2011, India exported 76 million 362 thousand kilograms of cotton yarn, which was nearly 74% higher than that in October.

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