Printing And Reopening Of Cotton Exports, Domestic Storage And Storage Close To The End Of &Nbsp; Cotton Prices Will Be Pressurized.

So far last week, domestic cotton market has slowed down in domestic economic growth, cotton purchase and storage is coming to an end and India cotton re exports and other factors.

As of March 16th, China Cotton store 2011

Cotton consumption is weak and sales are slowing down.

According to the cotton information network of China, the total inventory of cotton raw materials increased from 841 thousand and 700 tons last month to 858 thousand and 600 tons, with an increase of only 2%, according to the survey of textile enterprises with a total volume of 13 million 840 thousand spindles.

Of these, 45% of the cotton stocks in the warehouse are available at a monthly level.

12% of the enterprises reduced their cotton stocks, while only 9% of them increased their raw material stocks.

According to the network survey, as of the end of February, the total domestic cotton business inventory was 3 million 430 thousand tons, an increase of 180 thousand tons from the previous month, an increase of 5.54%.

The sale of cotton grade high grade cotton mainly depends on national reserve, and the market sales rate is slow.

Textile and garment exports are declining, and domestic sales growth will take time.

Customs data show that from 1 to February in 2012, China's clothing exports were 19 billion 290 million US dollars, down 2.5%, and textile exports 11 billion 940 million US dollars, down 2.6%.

Export slide is serious.

In terms of domestic sales, according to the statistics of the China National Business Information Center, from 2012 to February, the sales volume of clothing of 50 key large retail enterprises in the whole country decreased by 5.53% compared with the same period last year, and the cumulative growth rate of clothing retail sales decreased by 21.72% over the same period last year.

From global cotton

Cotton imports have not been reduced and domestic supplies are abundant.

According to customs statistics, in February 2012, China imported 616 thousand tons of cotton, an increase of 432 thousand tons compared with the same period last year. In 2011/2012, China imported 2 million 616 thousand tons of cotton, an increase of 79.1% over the same period last year.

According to statistics from the US Department of agriculture and China cotton information network, cotton production in China was about 7 million 300 thousand tons last year.

According to the current cotton spinning industry's monthly cotton consumption of 650 thousand tons, only existing commercial and industrial inventories can meet the industry's use until August.

Considering that there are still additional factors of cotton resources in the next few months, even if the national cotton reserves in 2011/2012 are not sold in the market, it will basically meet domestic cotton demand.

To sum up, the domestic cotton market is generally characterized by insufficient supply and insufficient downstream demand.

The closing of the storage is coming to an end. When the new supporting force will emerge, it is impossible to predict.