The Characteristics Of The Off-Season Are Obvious, And Cotton Consumption Is Hard To Pick Up.

< p > the world is < a target= "_blank" href= "//www.sjfzxm.com/" > dress < /a > a target= "_blank" href= "_blank".

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< p > yield: Cotton Storage survey results show that in 2014, the total area of cotton in China was 60 million 280 thousand mu, a decrease of 1 million 50 thousand mu from the previous month, a decrease of 10 million 340 thousand mu compared with 2013, and a decrease of 15%. The total output of the country is 6 million 220 thousand tons this year, a decrease of 800 thousand tons compared with that in 2013, a decrease of 11%.

Judging from the new cotton growing situation in each cotton area, it is expected that the new flower will be concentrated before and after the first half of September, and the listing date will be 7-10 days later than last year. The acquisition and processing will be postponed to October.

Driven by the target policy, the cotton planting enthusiasm in Xinjiang cotton region is relatively high, and the sown area in the cotton area of the mainland is decreasing.

Breck estimated that the cotton planting area in Xinjiang was basically stable in the 2014/15 year. The cotton planting area in the mainland dropped sharply, and the total area was reduced by 9%. This period will maintain the estimated output of 6 million 150 thousand tons of cotton in 2014/15.

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< p > consumption: in July, < a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > the characteristics of the off-season industry were obvious. The enthusiasm of the downstream purchasing cotton yarn was weakened, and the operating rate of the textile enterprises declined.

According to the feedback from some enterprises in the Yellow River and Yangtze River Basin, the overall starting rate of grey cloth is around 60%, and the volume of orders decreased sharply compared with the same period last year.

Textile enterprises operate cautiously, compressed inventory intention is obvious, it is expected that domestic cotton consumption will remain low in the short term.

In June, China imported 140 thousand and 500 tons of cotton yarn, down 7.69%, down 3.31% compared with the same period last year. In September 2013 -2014, June, China imported 1 million 719 thousand and 300 tons of cotton yarn, an increase of 11.49% over the same period last year.

Port yarn stock is still around 65 thousand tons, imported cotton yarn still has price advantage, imported cotton yarn continues to occupy a limited domestic cotton consumption space.

At present, domestic cotton prices are in the downward channel, and consumption in 14/15 is expected to be slightly better than that in 13/14. In this period, cotton consumption is estimated to be 7 million 300 thousand tonnes in 13/14, and the consumption of cotton will be reduced from 300 thousand tons to 7 million 500 thousand tons in 14/15.

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< p > Import and export: in June, China imported 218 thousand and 200 tons of cotton, an increase of 26 thousand and 700 tons, an increase of 13.95%, a decrease of 51 thousand and 500 tons and a decrease of 19.11% compared with the same period of last year. In September 2013 of June, China imported 2 million 518 thousand and 300 tons of cotton, down 1 million 263 thousand and 400 tons, or 33.41% percent compared to the same period in September 2013.

In July, the quotations for foreign cotton fell sharply and demand was improved, but the quantity was not enough to turn the market down.

Under the background of market consensus, product sales sluggish and policy details are uncertain, the demand for cotton in textile enterprises has been shrinking.

At present, the port cotton inventory is close to 300 thousand tons, the market quota is tight, the quota pfer price has risen to 2300 yuan / ton, and the Shanghai customs strictly checks the false processing trade. It is estimated that the cotton imports will be limited in two months this year. The current period will maintain an estimated 2 million 900 thousand tons of imports in 13/14.

The state will clearly tighten the import quota strictly and import volume or decline in the future. This period will maintain the forecast of 2 million tons in 14/15.

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< p > end of the term < a href= "//www.sjfzxm.com/news/index_s.asp" > inventory < /a > inventory consumption ratio: 2013/14 end of the year inventory 11 million 650 thousand tons, inventory consumption ratio of 159%.

2014/15 end of the year inventory 12 million 290 thousand tons, inventory consumption ratio of 164%.

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