Chizhou Seed Cotton Quotes Stable Weather Has Great Impact.

The weather is better this year. Unginned cotton The moisture regain is only about 0.85%. Cotton growers do not worry about the color change of seed cotton because of moisture resurgence. According to cotton growers, this year, the average yield of the army is about 400 Jin, and the yield per mu is reduced by 22 kg. The yield of cotton fields in some areas is about 250 Jin due to the low rainfall.

It is also understood that the local participation in the acquisition is still part of the 200 enterprises, while the 400 companies are still waiting to see. Last night, there was a rain coming from the local area. The rain was not big, but it was raining.

Over the past month or so, Anhui In addition to the occasional drizzle at night, Chizhou will clear up immediately during the day. The highest stability is around 30 degrees Celsius. The sun is shining, which is very advantageous to cotton bolting, picking, drying, purchasing and processing. According to our understanding, the picking rate of cotton growers is 30%. Cotton grower The enthusiasm of selling is not high, except that a small number of cotton farmers who are eager to use money sell a small amount to cotton traders. Most of the cotton growers are hoarding their homes for the future market.

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With the export of India and Pakistan's cotton yarn "advancing vigorously" and taking full advantage of the global market, the export of Chinese cotton yarn has been shrinking. The export of cotton yarn is only about 31 thousand and 100 tons, a year-on-year decrease of 11.27%, and exports accounted for only 52.1% and 26.6% of the export volume of Pakistan and India. In July, Pakistan exported 59 thousand and 700 tons of cotton yarn, an increase of 8.34% over the same period last year, a 18.45% increase in the ring ratio, and 116 thousand and 800 tons of cotton yarn exported in July (including more than 85% cotton), an increase of 35.3% over the same period last year, of which 59% exports to China (the same period last year), and the cumulative export of cotton yarn from India in August 2014 to the month of July. India exported to China, accounting for the export volume of India cotton yarn. China supports the half of the export of India cotton yarn, which shows that the dependence of Chinese traders, cloth factories, fabrics and garment factories on India yarn is rising. In July of this year

It is noteworthy that recently, some cotton business companies and large cotton trade on the basis of foreign cotton quotations have increased the quotations of cotton, such as C21S, C32S, C21/2 and C32/2 from India, Pakistan, Indonesia, Vietnam and Thailand. The extension of cotton enterprises to downstream cotton yarn, grey cloth and even clothing is inevitable. It is also inevitable for trading companies to expand trade volume and avoid the risk of single species operation. For the trend of outer yarn in the first ten days of October, port traders generally believe that the difficulty of stabilizing the landing is relatively large. On the one hand, the pressure of ICE short term stabilization is 60 cents / pound, which is close to the lower level of the main force in October or to the 57 cent / pound year. On the other hand, China's cotton, cotton yarn, grey cloth demand is weak and the worries about the Chinese economy are very strong. In addition to the relatively smooth operation of a few high yarn enterprises, most of the small and medium size mills and cloth factories are in a dilemma. Besides, the imported cotton yarn is still flooding like a flood. The short term concerns whether the C21S, C32S India and Pakistan yarn will be closed at the end of 16500 yuan / ton, 18500 yuan / ton.

From the survey of ports in Guangzhou, Qingdao, Zhangjiagang, Ningbo and Shanghai, the number of cotton yarn in the bonded areas of India, Pakistan, Vietnam, Indonesia and Central Asia (Uzbekistan, Turkmenistan, Azerbaijan, etc.), Turkey, and the United States continued to show a slight increase in the middle of 9. Especially the OE yarn, 10S-C32S yarn, 40S and above high count yarn and combed yarn arrived and bonded amount did not increase further. It is estimated that the number of bonded cotton yarn will exceed 95 thousand tons by the end of September. On the one hand, since September 18th, the main contract of ICE has fallen below 63 cents / pound, 61 cents / pound, 60 cents / pound. The spot price and the long range shipping price of US cotton, India cotton and West Africa cotton and Brazil cotton have fallen sharply to 71-72 cents / pound. The price of Southeast Asian cotton yarn should decline, the adjustment range of 21S, 26S and 32S yarn is generally at 500-600 yuan / ton; on the other hand, the expected appreciation of RMB appreciation in the long and medium term, the debate on whether the RMB can continue to depreciate after the Fed's September interest rate scheme has been aborted, the currency of India, Pakistan and Vietnam has remained stable for nearly a year, and the export growth of cotton yarn and grey cloth to China has been "well within the limits of time" in September 18th and September.