Mei Cotton: The Price Of Cotton Has Gone Up Slightly.
Spot and spot prices
December 2014 12-18, the Seventh National Congress of the United States
market
The average price of standard grade spot is 59.44 cents / pound, up 0.92 cents / pound from the previous week, down 20.43 cents / pound compared with the same period last year.
In the week, the seven spot markets in the United States traded 153598 packs, down 18531 packets from the previous week, an increase of 51743 packs compared to the same period last year.
On December 2014 19-25, the AWP price was 47.66 cents / lb.
Transaction status
当周,美国东南部地区交易活跃,供需平稳,种植者报价增多,现货均价上涨,CCC贷款交易不活跃;中南部地区交易平稳,供需稳定,现货均价走高,CCC贷款交易不活跃,无远期销售;西南部地区交易活跃,供应稳定,需求不错,现货均价上涨,CCC贷款交易不活跃,国外纺织厂有大量询价;沙漠地区交易活跃,供应增加,需求稳定,现货均价上涨,美国纺织厂无远期销售,国外纺织厂询价一般,对2级棉以及高马值棉需求不错;圣约金流域交易不活跃,供应不足,需求一般,现货均价上涨,无远期销售,美国纺织厂无询价,国外纺织厂有少量对即期装运品种的询价,主要以Acala皮辊棉为主;皮马棉交易迟缓,供应一般,需求不足,现货均价保持平稳,美国纺织厂无远期销售,国外纺织厂询价平淡。
Weather and processing
When there was a small amount of rain in the southeastern part of the week, the weather in Virginia Prefecture turned cold and the field work was not disturbed. Some processing plants in Alabama, Georgia and North Carolina completed the processing task this year.
In central and southern parts of the country, the weather is cold, partly drizzle, and there is no field work. Most of the soil lacks water and needs rainfall to replenish it.
The cold wind in the western part of Texas, some processing plants also stopped processing because of insufficient resources, and led to slow progress in the classification test of new cotton, but after the local weather cleared, picking began to finish.
There is light rain in central Arizona. There is no rain in New Mexico.
New cotton
Processing continues.
The labor strike on the west coast of the San Yue Jin Valley has become the focus, which has seriously affected the entry and exit of port goods. Cotton merchants are busy dealing with deferred payment and putting cotton into CCC loans.
Demand situation of textile factories at home and abroad
In the week, the American textile mill had an inquiry for the shipment of grade 4 cotton in the first quarter of next year, but there was no deal.
Demand for yarn and cloth is strong, and most textile mills continue to operate at full speed.
The report points out that some textile mills will have 7-10 days off during the Christmas and New Year holidays, and the textile mills plan to rest for 3-4 days.
US cotton exports are generally in demand.
Vietnam Textile
The factory purchased 3 grade cotton shipped in January next year, and the Far East textile factory has an inquiry for cheap cotton.
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