On February 25, the national development and reform commission announced in January, cotton and textile economic situation analysis, according to data in January, China cotton import a substantial increase, up 40.1%, at the same time rise in cotton prices steady.

 

From 2012 to 2013 annual cotton purchasing work is coming to an end, but a new annual cotton purchase scheme is expected to launch in the near future.

 

Because of the reduced cotton acreage this year, on the supply side may appear shortage, as the change of economic environment at the same time, demand for cotton will present a moderate recovery situation.

 

According to the bureau of statistics released a few days before the 2012 statistics bulletin of the national economy and social development, cotton planting area of 4.7 million hectares in 2012, compared with the reduction of 340000 hectares, this situation is expected to worsen in 2013. Have reported earlier, around 2013, shandong, anhui, jiangsu cotton acreage is expected to decrease rate is around 10%.

 

According to cotton and textile economic situation analysis figures released by the national development and reform commission, in January, market prices steady rise in China, the mainland seed cotton purchase price 8.4 yuan/kg, a rise of 0.02 yuan/kg in the last month, up 0.04%.

 

Is more than the spot market, cotton futures market is facing bigger gains. From January in zhengzhou cotton futures rose 245 yuan/ton, or 1.2%; In march the national cotton trading market electronic dealmaking contract price 19495 yuan/ton, compared with last month rose 15 yuan/ton, or 0.1%.

 

According to customs statistics, China imported 457000 tons of cotton in January, a year-on-year increase of 131000 tons.

 

According to the last was released 2012 annual cotton reserve plan ", from 2012 to 2013, the cotton reserve will be at the end of the March 31. According to the China ChuBeiMian management corporation sales announcement in January, this round of national ChuBeiMian outbound sales will be ended on March 31. In another development, to meet the demand of textile enterprise raw material, the country in January 14, launched a new round of ChuBeiMian store work, level 3 cotton price is 19000 yuan/ton, outbound ChuBeiMian cotton in 2011, and before give priority to.

 

The personage inside course of study points out that the current market for cotton in addition to the purchase and storage, the immediate policy relatively temporarily haven't, in the case of a future purchase and storage policy is coming to an end, ChuBeiMian outbound sales may not have end, may continue to throw the storage condition.

 

The source "of Chinese textile net"

 

Edit: Ashcol