Cotton Spot Supply And Demand Is Still Grim &Nbsp; Import Cotton Slightly Down.

2011/12/23 14:11:00 16

Xinjiang corps cotton association statistics show that as of December 20th, the Corps acquired a total of 718 thousand tons of lint cotton, an increase of 15.9% over the previous year, with an average grade of 2.54, with an average length of 28.36 millimetres, and 373 thousand tons of sales.

reduce

35.8%; shipment of 2913 cars per vehicle, according to 43 tons per vehicle, a total shipment of 125 thousand tons, down 27 thousand tons compared with the same period.

Data show that, because of the slowdown in external demand and financial constraints, downstream textile enterprises can not afford to buy cotton linen raw materials, although Xinjiang cotton has exceeded 100 million tons.

This year

The supply and demand situation is still grim.

The price of imported cotton in China's main port was slightly down, generally falling 0.3 cents.

Judging from the current market situation, the market has not changed the situation, the international cotton business quotes are more cautious.

There are textile mills that reflect the difficulties of market profitability at the moment, only Turkey.

India

A small number of low price cotton varieties, such as Pakistan, can benefit textile mills.

All in all, the market as a whole is still weak and it is difficult to change in the short term.