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Global cotton supply price is pressure rise

International cotton market fundamentals, as the southern hemisphere to start selling, a large number of cotton from Australia, Argentina and Brazil's cotton flood the market.

India ShangShiLiang cotton-producing area in new flowers are each more than the same period last year, total ShangShiLiang reach 8.7 million tons, year-on-year increase increased by 50% compared, period, historically 62.5% highest level.

The United States department of agriculture (USDA) at the weekly crop growth, by report released on April 17, U.S. cotton cultivation media snapshot rate of 9%, 7%, a week before a 10% for the same period last year, five NianJunZhi of 12%.

However, according to reports in the United States currently part of disaster, or suffer cotton bollworm pectinophora has certain influence to yield.

Market supply have rebounded to higher prices, market demand weakened worries.

Source "Chinese textile nets"

Edit: lara

time:2011/4/24
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