International MianJia continued in more than 20 cents per pound of hovering, must pay attention to the recent high released United States department of agriculture is expected to affect the planting area, the price at which the harvest season 3.

International cotton prices since last India banned cotton exports up bubbly, plus international hot money desperately hype, forming surging, with the substitution effect such as polyester silk, gold with rise.

On March 25, according to the New York COTTON (NY COTTON) futures closing prices on May period, according to 204.49 cents per pound of COTTON 4.33 cents, plate, a drop of 211.16 cents; highest once July 197.11 cents, fall period of cotton 3.38 cents. October period 154.51 cents, cotton fell to rise 0.76 cents. December 127.92 cents, rising with only 0.11 cents.

Although the international cotton prices, but the United States department of agriculture in the near future will publish cotton acreage and estimated yields worthy of note.

American cotton is expected to season 3 September to November harvest, China harvest time also almost, so the northern hemisphere cotton harvest, cotton prices will change; As for the southern hemisphere Brazil, Argentina, Chile and other production of cotton, estimated quantity insufficient march to June still tight.

Industry insiders say, U.S. monetary easing (QE2), a large amount of money poured into the international market, cause inflation, the raw material prices rose; While Japan earthquake, the Japanese government will also after massive infusions of the funds required for the reconstruction, but these funds will be focused on rebuilding homes above, or again entered the original material market, and international concerns about further.

Source "Chinese textile nets"

Edit: lara