The Four Major Factor Will Be The Future Price Trend Of The Right Left China Cotton.
First, the state has collected nearly 3 million 100 thousand tons of cotton and whether the cotton price is effective. After receiving and storing, will there be a shortage of cotton in the domestic market for a period of time?
Two, in the first 6 months of this year (last September - February this year), China imported 2 million 616 thousand and 100 tons of cotton (including 800 thousand tons of imports from the state store before the end of the year).
Is the total amount of cotton import quotas still under control in China this year? If implemented, China's cotton imports will decrease substantially in the next 6 months. If it is not implemented, cotton imports will continue to increase significantly.
Three, cotton is entering spring planting season in China this year. From the survey information of cotton planting intentions in recent years, the lowest cotton planting area this year is 5% in Hunan, and the decrease in other provinces is over 10%. The largest drop in planting area survey is Jiangsu and Shaanxi, with a decrease of more than 20%.
In addition, it will depend on whether the old man has mercy. In the future, if we do not show mercy and bring disaster to cotton, the cotton output this year will be larger than that of the planting area.
Because cotton production increased by 630 thousand tons last year, it was planted under the stimulus of a record high cotton price and increased production under normal annual climate.
Four, the global macro-economic environment: 1. Can the US economy recover after the recovery of monetary policy? Can the European debt crisis be stabilized? 2, and whether China's economy will achieve a soft landing?
The above factors will affect the future trend of cotton prices in China.
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