February 25Th International Cotton Market News Courier

< p > < strong > Uzbekistan exceeds 27 thousand tons of cotton flowing into Zhangjiagang < /strong > /p >

< p > according to the statistics of Zhangjiagang inspection and Quarantine Bureau, at the beginning of the new year, more than 27 thousand tons of cotton were stored in the Zhangjiagang Free Trade Zone, with a value of nearly 50 million US dollars, accounting for more than 40% of the import amount of a href= "//www.sjfzxm.com/news/index_c.asp" > cotton < /a > in the bonded area in the month, and only 30 thousand tons of cotton in Uzbekistan last year. "A"

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< p > Uzbekistan is one of the famous cotton producing countries in the world. It has more than 2000 years of cotton planting history, and is also a country with long cotton time, strong scientific research force and rich cotton varieties resources. It is known as the "platinum country".

As a member of the Shanghai cooperation organization, Uzbekistan has maintained a long-term economic and trade relationship with China. China has kept about 300 thousand tons of cotton imports to Uzbekistan.

In particular, in 2012, the Sino Ukrainian cotton working group held the three meeting, which established a good communication platform for the two governments and cotton enterprises, and also created favorable conditions and opportunities for Uzbekistan's massive export of cotton to China.

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< p > in view of the large import of cotton in Uzbekistan, the Zhangjiagang inspection and Quarantine Bureau, closely surrounding the requirements of the Jiangsu inspection and Quarantine Bureau's "optimization service", vigorously launched the "inspection port counterparts" activities, and launched the "one-stop service system" as long as the inspection information is well prepared, the electronic information reception, the acceptance check, the charging and charging, the inspection and quarantine and other links are completed in the inspection hall at the same time. At the same time, the supervision and coordination of warehousing enterprises are strengthened, and the inspection and supervision mode with the inspection and quarantine department as the main body, the warehousing and the cotton weighing sampling two auxiliary inspection teams as the supplementary inspection teams is formed.

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< p > < strong > India S-6 cotton prices have recovered 6 months since the new high > /strong > /p >

< p > India < a href= "//www.sjfzxm.com/news/index_s.asp" > raw cotton price < /a >, especially the Shang Carle 6 varieties for the first time in the past five years to exceed 36000 rupees per pack (1 pack = 355 kg).

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< p > in the past six months, the trend of Carle 6 cotton price oscillation has fluctuated at a fixed price band of 33500 rupees to 35000 rupees per pack.

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< p > Carle 6 price quotation last arrived at 36000 rupees level in September 13, 2012.

After more than half a year, the price once again crossed the horizontal line, closing at 36125 rupees per pack in February 20th.

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< p > since February 7th, the price has steadily increased from 34200 per pack.

Then it has gained a firm foothold, reaching 36125 rupees per pack yesterday.

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< p > Saurashtra Tel Anand Popat, Secretary General of the SGA ginning factory Association, said: "imports have declined, while demand for bulk cotton buyers has increased.

Meanwhile, the northern factory of India has also become an active buyer because the price of J-34 cotton varieties in Punjab is higher than that of Carle 6.

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A person familiar with the P cotton procurement company in Coimbatore (COSCO) confirmed that weak imports and increased demand have led to an increase in the price of Carle 6.

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"P," he added, "there is no cotton in ggujarat ginning factory.

Farmers have higher expectations of cotton prices, which has led to a mismatch between supply and demand, which has led to the soaring price of Carle 6 cotton in the past few days.

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< p > Popat added: "in recent days, the world's major cotton purchasing companies have begun to make positive preparations, and in India, competition in the cotton futures market has become extraordinarily fierce."

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< p > when asked how to look at the future trend of development, Popat revealed: "the trend is really hard to predict, but combined with the India stock market this year, cotton prices may rise in the near future."

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< p > > strong > India lobby group: the export of raw cotton should not be prohibited < /strong > /p >

< p > > India a href= "//www.sjfzxm.com/" target= "_blank" > textile > /a > industry lobby group (including the cotton and Textile Industry Association) believes that although India cotton production is decreasing in the current cotton season, the country should not prohibit or restrict the export of raw cotton.

This seems to be good news for cotton importers such as China, Bangladesh and Vietnam, and is also good for cotton exporters in India.

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< p > India textile Commissioner recently said that in the 2012-2013 fiscal year, the output of cotton in India would drop by about 5% to 33 million 400 thousand packs (170 kg / pack), while 35 million 300 thousand in the 2011-2012 fiscal year.

The figure is likely to fall or rise in future estimates.

Therefore, the industry is worried that the India government may ban or restrict cotton exports as before.

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