In The Two Quarter, Cotton Price Difference Between Domestic And Outside Cotton Showed An Increasing Trend, And Monthly Import Volume Decreased Month By Month.

Since P 2013, the cotton market is still the focus of the cotton textile industry chain at home and abroad under the situation of "a href=" //www.sjfzxm.com/news/index_c.asp > cotton market < /a > demand has not improved significantly and policy has not yet been adjusted.

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< p > < strong > the difference of cotton price between inside and outside is showing an increasing trend < /strong > < /p >

Since the two quarter of P, the difference between domestic and foreign cotton prices has continued to expand. Although the average price of international cotton is higher than that of the first quarter, the overall price of cotton is in a downward trend, while domestic cotton prices are basically stable.

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< p > take the price of India cotton S-6 1-1/8 (equivalent to China's 328 level) as an example, the average price of the two quarter (discount tax free price) is about 12710 yuan / ton, which is higher than the average price of 500 yuan / ton in the first quarter, but the average price in late June has dropped by about 800 yuan / ton compared with the first half of April, a drop of over 6%.

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In the two quarter of the year P, the average price of China's 328 grade cotton to plant was basically the same as that of the first quarter, and the price of no tax was about 17410 yuan / ton, which was higher than the international cotton price of about 4700 yuan / ton. The price difference between domestic and international cotton continued to be around 5000 yuan / ton in late June.

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< p > < strong > the turnover of reserve cotton has increased, < /strong > /p >

Since the two quarter of P, the purchase of national cotton reserves is still the main channel for textile enterprises to use cotton.

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After the "P", "51" festival, the state put in the cotton reserves to increase the import of cotton. Because the imported cotton has some advantages in quality, the enthusiasm of the textile enterprises has increased, and the proportion of single day turnover has also increased. In the first half of July, due to the close of the national cotton storage day, the single day plan increased, but the import cotton did not have a large volume, and the proportion of single day turnover declined gradually.

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< p > up to July 15th, in 2013, the total amount of cotton put into operation was 2 million 923 thousand tons, with a turnover ratio of 24.65%, of which 600 thousand tons of imported cotton were accumulated, accounting for about 1/5 of the total turnover, and the turnover ratio was 91.36%, which was significantly higher than that of < a href= "//www.sjfzxm.com/news/index_s.asp" > domestic cotton < /a >.

Quarterly, the total volume of pactions in the two quarter was more than 42% in the first quarter.

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< p > from the paction price situation, as of July 15th, the cumulative average price of the paction was 328 yuan, which was about 19235 yuan / ton, slightly higher than the starting price of 235 yuan / ton, and the single day paction price remained stable basically.

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< p > strong > monthly import volume decreased monthly < /strong > < /p >.

< p > according to the latest data released by the General Administration of customs, China imported 2 million 410 thousand tons of cotton in April, a decrease of 21% compared with the same period last year, of which two tons in April, May and June were 430 thousand tons, 350 thousand tons and 270 thousand tons respectively.

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＜p＞　　从数据上看，进口棉花数量有所减小，并未真实地反映出国内纺企对于进口棉花的较大需求，主要原因包括以下几个方面：第一，由于2012年棉花进口量基数较大，今年进口量出现同比减少;第二，今年进口棉花滑准税配额的发放方式较去年不同，逐月发放配额使得纺企不得不阶段性分散少量购买或累计一定配额数量后再集中购买;第三，二季度以来，国内市场资金面偏紧，棉纺企业贷款难度进一步加大，同时购买国储棉时一次性付款方式也让纺企有些吃不消，在进口棉花时很难表现出大手笔;第四，二季度国际棉价略高于一季度，以40%关税方式进口的数量也有所减缓，1~5月份累计进口了约57万吨;第五，5月份开始，国储棉投放中增加了进口棉的投放，且成交率较高，一定程度上缓解了纺织企业直接进口棉花的需求;第六，一些织造企业通过增加进口棉纱的数量

To meet the demand, thus indirectly reducing the demand for imported cotton.

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< p > according to the textile enterprises, the demand for imported cotton is still very large. The main reason is that the cost price of imported cotton is lower than that of domestic. The quality of cotton is superior to that of domestic cotton, especially in three wire, weight and capital, which is conducive to meeting the needs of cotton production and special requirements of customers.

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< p > < strong > post market forecast < /strong > < /p >

< p > < strong > three quarter cotton market situation outlook < /strong > < /p >

In the three quarter of P, cotton spinning enterprises have always been in the prime of cotton production. But this year, they are facing special situations that have not been seen in previous years. They are a great test for cotton spinning enterprises and the whole cotton market.

In the three quarter, the change of cotton policy will be the focus of the market.

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< p > price difference: according to the state's 2013/2014 storage policy, and in the case of no change in downstream demand, the domestic cotton price will fluctuate around 20000 yuan / ton. The high global cotton inventory also determines that the international cotton price will not go up too much. It is estimated that the difference between domestic and foreign cotton prices will still be larger.

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< p > Cotton: the overall situation of the industry is still grim. No matter from the pressure of capital or inventory risk, cotton spinning enterprises are unable to purchase and store too many cotton stocks.

Once the national cotton store is stopped, the import a href= "//www.sjfzxm.com/business/" > cotton < /a > is limited, and there will be 3 months or so left from the new cotton market, and the new flower will continue to enter the state treasury.

It is understood that textile enterprises urgently hope that the state can continue to put cotton reserves in order to ensure that the basic demand for cotton business season.

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