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Cotton Imports Decreased In June, And Domestic Cotton Market Remained Stable.

2013/7/22 11:16:00 51

Cotton MarketCottonTextiles

< p > June, domestic cotton reserves were put into operation in an orderly manner, < a href= "//m.pmae.cn/news/index_c.asp" > cotton market < /a > basically stable.

The spot price of cotton in the international market has dropped, and textile export growth has slowed down.

< /p >


< p style= "text-align: center" > img align= "center" border= "0" alt= "src=" /uploadimages/201307/22/20130722111824_sj.JPG "/" < < >.


< p > < strong > 1. The domestic cotton market is basically stable < /strong > < /p >


< p > June, the average selling price of the standard grade lint in the mainland was 19280 yuan / ton, down 20 yuan / ton, or 0.1%; the average price of Xinjiang standard lint sale was 19504 yuan / ton, unchanged from last month.

Zhengzhou cotton futures contract settlement price of 19916 yuan / ton in July, up 66 yuan / ton from last month, or 0.3%; the national cotton trading market electronic matching paction average price in July was 18919 yuan / ton, down 591 yuan / ton, or 3%.

In the same month, 609 thousand tons of cotton were put into operation, 13 thousand tons more than last month, and 2 million 513 thousand tons as of the end of June.

< /p >


< p > < strong > two, and the spot price of cotton in the international market dropped < /strong > /p >


< p > by the end of the year, the Federal Reserve may tighten the quantitative easing monetary policy and the export volume of US cotton exports and other factors. In June, the international market < a href= "//m.pmae.cn/news/index_cj.asp" > cotton < /a > spot prices fell.

In that month, the price of China's main port on the coast of imported cotton was calculated to be 14761 yuan / ton at 1% customs duties, down 177 yuan / ton from last month, or 1.2%, and 15629 yuan / ton according to sliding tax, a decrease of 130 yuan / ton, or 0.8% decrease from last month.

New York cotton futures contract settlement price in July was 85.67 cents / pound, up 1.02 cents / pound from last month, or 1.2%.

< /p >


< p > strong > three, cotton import decreased, textile export growth slowed down < /strong > < /p >


< p > according to statistics of the General Administration of customs, China imported 270 thousand tons of cotton in June, a decrease of 206 thousand tons compared with the same period last year, a decrease of 43.3%.

In 1-6 months, China's total import of cotton was 2 million 412 thousand tons, down 21% from the same period last year.

As of June, 2012 cotton imported 3 million 783 thousand tons of cotton per year, down 946 thousand tons, or 20%.

< /p >


< p > according to the statistics of National Bureau of statistics, the output of Chinese yarn was 3 million 44 thousand tons in June, an increase of 5.5% over the same period last year.

In 1-6 months, yarn production increased to 16 million 707 thousand tons, up 8.8% from the same period last year.

As of June, China's yarn production reached 2012 tons in the year of 26 million 199 thousand cotton, an increase of 11.6% over the same period last year.

According to statistics from the General Administration of customs, China's textile and apparel exports in June were 24 billion 90 million US dollars, up 5.3% over the same period last year, and the growth rate was unchanged from last month, which is 8.5 percentage points lower than the 1-5 month growth rate.

In 1-6 months, a href= "//m.pmae.cn/news/index_f.asp" > textile > /a > clothing exports totaled $127 billion 210 million, an increase of 12.1% over the same period last year.

As of June, 2012 cotton annual textile and apparel exports totaled $220 billion 180 million, an increase of 11% over the same period last year.

< /p >


< p > June, the average monthly price of 32 cotton combed yarn was 25910 yuan / ton, down 23 yuan / ton from last month, or 0.1%, and the average monthly price of polyester staple fiber was 9934 yuan / ton, down 155 yuan / ton, or 1.5%.

< /p >

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