It is reported, November 21, domestic partial cotton trade enterprise, Qingdao port of zhangjiagang EMOTM level American cotton, S-6 and M class west African cotton (mainly burkina faso, Mali cotton) already have 18400 yuan/ton and 18700 yuan/ton offer. A major international cotton makers to domestic traders 2010/11 of the price of cotton goods and India also down to 18200 yuan/ton, but bonded cotton price didn't bring the sales and stock rise, the main reason is the high grade MianJia since late October heavy falls, real estate and inspection level 4 cotton prices and has fallen to 18000-18200 yuan/ton, 2010/11 year India in price, quality cotton internal consistency and supply no advantage.

Some Australian cotton business says, since the last weekend of cotton Australia not only port stock inquiry, see goods reduce, 11, 12 months to Hong Kong and Macao cotton order also obvious downturn, 1, 400 tons of only to clinch a deal, mainly is the shandong province, jiangsu province in two of the enterprise worry cotton import quotas invalid willing to order. According to the survey, at present 1% tariff quotas and slide the black market price must tax quotas are for 450-500 yuan/ton, and 700-800 yuan/ton, but sell cotton mills is very little.

On November 1, international cotton business November to port year 2010/11 of American cotton, Macao cotton, cotton and west African cotton India offer gaps, cotton business for before the end of the year to empty Chen intention of cotton inventory obviously, but India and west African cotton cotton and the same level Macao cotton, cotton price difference of the central Asia to 10 cents per pound above. According to two foreign analysis, from this year's China enterprise and the trade of cotton order to see, high grade American cotton and Macao cotton is the focus of the signing, while 2011/12 annual Indian high inner quality cotton and good, many domestic cotton mills have been concerned about, and the Indian government has announced New Year let go of exports, but China enterprise purchase far India still pretty careful on cotton, large enterprise mainly through several large international cotton business operation, India cotton processing enterprise or traders in not spot into the bonded area lint, domestic enterprise will not easily cotton order.

Because domestic cotton spot prices keep falling, 1, cotton futures fell to zheng CF1205 20300 yuan/ton less than, 11, 12 months China textile enterprise order situation and is not optimistic, from storage costs and the money collecting Angle consideration, some foreign plan slow in 2012-March 1 supply schedule, according to the customer's order shipment, reduce the number of bonded cotton. The current cotton business main concern is 2011/12 of the country's collection of import quotas for release quantity and, due to the collection to the end of March 2012 the end, if the reserves to 2 million tons above, there are still five foreign-aug packed into the Chinese market opportunities; And cotton enterprise 3, 4 before August order and cotton consumption is not expected to have a big improvement, from the Angle of cotton cotton farmers protection enthusiasm, slippery must tariff quotas by the are likely to be pushed to 4, 5 months later.

Source "the Chinese textile nets"

Edit: lara