Since P, 2013, the cotton market is still the focus of the cotton textile industry chain when the demand for cotton market at home and abroad has not improved significantly and the 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 the P, < a href= "//m.pmae.cn/news/index_c.asp" > the difference between domestic and foreign cotton price < /a > continues to show the trend of expansion. Although the average price of international cotton is higher than that of the first quarter, the overall trend is downward, while domestic cotton prices are basically stable.

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< p > take the price of India cotton S-61-1/8 (equivalent to China's 328 level) as an example. The average price of the two quarter (RMB discount 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 average price in early April, a drop of more than 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 > < a > href= > //m.pmae.cn/news/ > reserve cotton > /a > volume increased, < /strong > /p >

Since the two quarter of the year P, the purchase of state cotton is still the main channel of < a target= "_blank" href= "//m.pmae.cn/" > textile < /a > Enterprise 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, with a turnover ratio of 91.36%, which was significantly higher than that of domestic cotton.

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 to the same period last year. In the two quarter of April, May, June, < a href= "//m.pmae.cn" > cotton imports < /a > 430 thousand tons, 350 thousand tons and 270 thousand tons respectively.

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＜p＞　　從數據上看，進口棉花數量有所減小，并未真實地反映出國內紡企對于進口棉花的較大需求，主要原因包括以下幾個方面：第一，由于2012年棉花進口量基數較大，今年進口量出現同比減少;第二，今年進口棉花滑準稅配額的發(fā)放方式較去年不同，逐月發(fā)放配額使得紡企不得不階段性分散少量購買或累計一定配額數量后再集中購買;第三，二季度以來，國內市場資金面偏緊，棉紡企業(yè)貸款難度進一步加大，同時購買國儲棉時一次性付款方式也讓紡企有些吃不消，在進口棉花時很難表現出大手筆;第四，二季度國際棉價略高于一季度，以40%關稅方式進口的數量也有所減緩，1~5月份累計進口了約57萬噸;第五，5月份開始，國儲棉投放中增加了進口棉的投放，且成交率較高，一定程度上緩解了紡織企業(yè)直接進口棉花的需求;第六，一些＜a href="//m.pmae.cn"＞織造企

Industry > /a > by increasing the quantity of imported cotton yarn 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 > three quarter < a href= "//m.pmae.cn" > cotton market < /a > situation outlook < /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.

Cotton textile enterprises will be trapped in the same situation if they stop putting cotton stores into the country, import cotton is restricted, and there are 3 months left from the new cotton market.

It is understood that < a href= "//m.pmae.cn" > textile enterprise < /a > urgently hope that the state can continue to put cotton reserves in order to ensure the basic demand season for cotton use.

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