The International Cotton Market Is Still Dominated By Pressure.

< p > > overnight a href= "//www.sjfzxm.com/news/index_c.asp" > outer disk < /a >, in June 19th, a large number of traders closed the warehouse, resulting in July contract crash, December contract stable trend, closing price compared with the previous day little change.

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< p > cotton market, from the market situation, high-grade cotton is still strong, low grade cotton basically nobody cares.

The US cotton export figures released by USDA show that the signing of shipment by US cotton last week is good. At present, the new year's contract has reached 25% of USDA's forecast, which is 20% higher than that of the same period last year.

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< p > spot quotation. In June 19th, the international cotton index (SM) 97.85 (cents / lb), up 11 points, folded the general trade port delivery price 16295 yuan / ton (calculated by sliding tax, < a href= "//www.sjfzxm.com/news/index_c.asp" > exchange rate > /a > Bank of China's middle price); M refers to 94.61 cents, up 8 points, 15934 yuan / ton.

(CNCottonA) 18144, +2; (CNCottonB) 17347 yuan / ton, -9 yuan / ton.

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< p > National Reserve dynamics. In June 18th, the Central Cotton store planned to sell 94 thousand tons of cotton reserves, and the actual turnover was 09 tons, with a turnover rate of 9.85%.

As of that date, 2013 tons of stored cotton were sold out of 1 million 955 thousand and 400 tons, with 1 million 837 thousand tons of domestic cotton and 118 thousand and 400 tons of imported cotton.

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< p > market analysis, the global < a href= "//www.sjfzxm.com/news/index_c.asp" > cotton < /a > consumption prospect is not good, the industry situation is not optimistic; recently China quotas to portable vibration outside; zhengmian 01 test 15700 pressure effectiveness.

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< p > related links: < /p >

< p > 6-12 June 2014, the net contract volume of us land cotton exports in June 2014 was 34 thousand and 700 tons, which increased significantly compared with the previous week (26-30 May), and increased by 4% over the previous four weeks (May 12th -6 6). The main buyers were Indonesia, China (3 thousand and 200 tons), South Korea, China Taiwan and Turkey.

The net contract volume of US cotton exports was 23 thousand and 400 tons in 2014/15, and the main buyers were Indonesia, Mexico and Vietnam.

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< p > the export volume of the US upland cotton is 27 thousand and 200 tons, which is 35% lower than that of the previous week (26-30 May), which is 37% lower than that of the previous 4 weeks (May 12th -6 6). It is mainly pported to China (6 thousand and 800 tons), Turkey, Mexico, Indonesia and Thailand.

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< p > week (6-12 June), the net contract volume of the export of Pima cotton was 500 tons in 2013/14, which increased by 23% compared with the previous week (May 26-30), and decreased by 22% compared with the average value of the first four weeks (May 12th -6 6). The main buyers were Peru and Thailand.

The net contract volume of the US Pima cotton export is 50 tons in 2014/15, and the main buyer is Thailand.

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