129788454847500000_77India cotton storage system or fail upward pressure of cotton double
Review cotton trend this week, the overall run slightly higher, warmer "even five-Yang", downs in the main contract went up, analysts say, India or establish reserve measures will follow China and throw weak and production areas in China data more become causes of this rise directly. However, some analysts said, as the number of weak domestic corporate demand caused importsFallen, and price short-term price differences obvious factors such as the late cotton rose or limited space.
As at the close of 12th, Zhengzhou cotton 1209 main futures contract closed at $ 21,400/ton, up $ 20/ton, up 0.09%, contract 97,202, 345,350 hand position. 10th China cotton Association Web site information, "In order to ensure the supply of cotton to meet India domestic textile industry production needs, India fangzhibu, supported by India cotton companies are trying to penetrate the India Government and the Ministry of finance to apply intends to create about 2.5 million package (converted to 425,000 tonnes) reserves of cotton, two thousand twelve-thirteenths cotton before the start of the year to meet domestic demand for cotton textile industry"�� Data shows that April is a cotton plant, United States Department of agriculture (USDA) American cotton planting intentions for latest forecasts for two thousand twelve-thirteenths covering an area of 13.155 million acres
tera gold, up by 11%. China cotton net survey results also showed that cotton acreage in 2012 China's intentions last year to reduce 9.2%, yields are expected to 6.55 million tons.In addition, according to the latest statistics of the General Administration, September 2011, Trojan and imported 3.2414 million tons of cotton in China, an increase of 1.5047 million tons, an increase of 86.64% in March 2012
tera power leveling, China imported 625,200 tons of cotton than last month and an increase of 9,100 tons, an increase of 1.48%; an increase of 34.880,000 tons, an increase of 126.2% 2012 1, Trojan 1.5678 million tons of cotton imports in China, an increase of 715,900 tons, an increase of 84%; reflect domestic demand of cotton increased in the first quarter. Shanghai China international analysts see true grit, as India banned the export of policy implementation, to follow the example of China cotton reserve system stabilityIndia cotton market, regardless of whether the policies to implement, but India on cotton "tight" has laid bare the intent of
tera power leveling, this trend is supporting important causes of cotton prices. However, India sharmapa, Minister of Commerce and industry said the other day, short-term cotton exports will be limited, but has been in Government for the record again and verify that the cotton after delivery. Early stage of ChinaApproved number of cotton, and the shortage of domestic demand effect. India cotton exports reached 9.5 million bales (each packet of 170 kg) record high, much higher than the estimated 8 million packages, India's export ban and gave up. When the export ban introduced, about 1 million packets had been closed but not yet shipped cotton has also been allowed to ship. "Before is still onRecord to review and verify for export of cotton, qualified will be allowed to export cotton.
"He said. Cotton futures veteran Dong Shuzhi said enterprises of weaker demand for cotton, the market demand is poor, the spot market has not greatly improved. Ports currently imported cotton stacking more downstream consumption is very poor, imports of cotton mainly traders and speculatorsTransactions, manufacturers do not have purchasing power. In addition, cotton futures in China remained at a high price point, completely failed to reflect the stock market situation, high there.
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