There Is No Significant Upward Momentum In The Cotton Market.

< p > < strong > 2014/2015 China cotton inventory < a href= "http:// www.sjfzxm.com/news/index_c.asp" > consumption > /a > higher than /strong > /p >

< 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%.

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 >

< p > according to customs statistics, in May, China imported 191 thousand and 500 tons of cotton, 32 thousand and 900 tons less than last month, a decrease of 14.6%, a decrease of 44.6% over the same period last year.

In May, China's textile enterprises were more nervous, purchasing cotton cautiously, decreasing the turnover volume of cotton reserves, and reducing the number of cotton imports from last month.

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< p > < strong > > a href= "http:// www.sjfzxm.com/news/index_c.asp" > inventory < /a > historical low > /strong > /p >

< p > in May, the inventory of the spinning enterprises in the library < a href= "http:// www.sjfzxm.com/news/index_c.asp" > cotton < /a > was 544 thousand and 600 tons, a decrease of 72 thousand and 900 tons from the previous month.

Textile enterprises can control 641 thousand tons of cotton stock, 86 thousand tons less than last month.

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 less than P, domestic cotton prices were higher than imported cotton prices, and the sales volume of domestic cotton had been adjusted in 2013.

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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