Cotton Prices In Cotton Market Still Have No Upward Momentum.

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

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< p > the latest USDA report shows that China's cotton consumption in the year of 2014/2015 is 8 million 56 thousand tons, the final inventory is 13 million 229 thousand tons, and the inventory consumption is 154%.

China's cotton consumption has not been significantly improved, and the stock at the end of the year has hit a high level. The cotton consumption ratio has also been at a high level for nearly 9 years.

Global cotton end stocks increased by 6% to 21 million 400 thousand tons, inventories were 89%, and inventories were available for nearly 11 months worldwide.

It can be seen that the supply and demand of cotton market in the international and domestic markets are relatively loose, and there is no significant increase in the spot price of cotton.

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< p > < strong > cotton imports decrease month by month < /strong > < /p >

According to customs statistics, China imported 191 thousand and 500 tons of cotton in May, a decrease of 32 thousand and 900 tons compared with April, a decrease of 14.6%, a decrease of 44.6% over the same period in April.

In May, China's a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > enterprise funds were more intense, purchasing cotton cautiously, the quantity of cotton throwing in cotton decreased, and the quantity of cotton imports also dropped from last month.

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< p > < strong > Industrial inventory history low > /strong > /p >

< p > May, the stock of textile enterprises in the textile industry was 544 thousand and 600 tons, which was 72 thousand and 900 tons less than that in April.

Textile enterprises can control 641 thousand tons of cotton stocks, a decrease of 86 thousand tons compared with April.

At present, the scale of the enterprise's cotton inventory has dropped to a new low in October 2005. The main reasons are three points: first, the price of internal and external cotton tends to be lower, and the new cotton is also more bearish after the listing. Enterprises purchase cotton to meet the rigid demand and stockpiling phenomenon is less. Second, the quality of the reserve cotton is poor, and the textile enterprises are careful to store it; third, the downstream demand is not good, and the spinning mill is going to reduce the stock price and limit production.

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< p > < strong > cotton price difference narrowed at home and abroad < /strong > < /p >

For a period of time, the domestic cotton price is higher than that of import a href= "//www.sjfzxm.com/news/index_s.asp" > cotton price < /a >, plus the 2013 national collection and storage, the sales volume of domestic cotton has been adjusted.

Therefore, some small-scale textile enterprises purchase raw materials mainly from imported cotton and Xinjiang cotton, and this situation has been greatly improved after the reserve price of cotton reserve was lowered in April.

After the domestic and foreign cotton price differentials shrink gradually, textile enterprises consider more about the quality of raw materials, prices and procurement costs.

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