It is reported, 10-November still has some international cotton business focus on the beauty of the year 2010/11 shipment cotton and India to China's main port of cotton, most of them American cotton, Macao cotton and wool is due to 2011 year India, Bangladesh and other countries in southeast Asia importers default, international cotton business from Indonesia, Vietnam and had to countries such as Bangladesh turn shipped to China port free trade zone, and part of the foreign delivered according to the contract China import enterprise, the other part of foreign used in bonded cotton sales.
Several domestic importers says, because most of the contract with Indian foreign investors can clear cotton and west Africa cotton instead of American cotton, Macao cotton delivery, so some foreign will lower level cotton, mixed group of India mixed level, short hair heavier American cotton and west African cotton to jilt to China's imports of enterprise, contract dispute is the obvious increase of the previous years. In 2011 the annual MianJia rise in home and abroad, part of the cotton business not to deliver goods, take delay or a large number of repurchase of measures to get better profits, but eventually this part of cotton from the United States and India or back to China sales.
October 17,, Qingdao, zhangjiagang port and some traders reflected bonded cotton spot the sales comparison sweaty, not only to the goods of free tax zone see order cotton enterprise and traders to reduce, inquiry also decreased, some of the signing of the contract goods cotton enterprise begin to slow down, all parties are waiting for futures and spot market further clear. 17,, a domestic traders India cotton S-6, SM level Macao cotton, M class American cotton and a small west African cotton offer M class respectively for 19100 yuan/ton, 20800 yuan/ton, 20000 yuan/ton, 20000 yuan/ton, is by the middle of October offer again cut 200 yuan/ton, but some of the foreign November year 2010/11 port of India and the price of cotton cotton than low at least 300 yuan/ton, domestic enterprise most purchasing a small cotton property level 4 cotton and XinJiangMian do cotton assorting, hold to 11-December cotton to port on the after purchase.
According to part foreign analysis, the oscillation of the ICE futures market will continue to carry, but rising the reason is not fully, the downside is still out late Lord direction, the main contract may test 92 cents and 90 cents mark. Along with the Chinese market and seed cotton lint price declines, 19800 yuan/ton of BiaoZhunJi cotton ShouChu price gradually by the mainland and xinjiang cotton processing enterprise accepted, so November to in February ShouChu will become the most important Chinese cotton market fulcrum. Foreign thinks generally, ShouChu can receive 1.5 million tons above, just a MianJia early fall and late fall of problems, from the consumer market and the point of the price, early fall in late fall is better, once China accept reserves to 2 million tons in 2012, 5-September the opportunity and the cotton import space can magnify, even if the government may cast the future by putting down the supply and demand gap store and the price, also can only push the high prices and incur hype, so half of year 2011/12 whether India cotton or American cotton need to "price change space".
Source "the Chinese textile nets"
Edit: lara