How Can Australian Cotton Enter The Chinese Market?

　 Australia cotton or drive directly into the Chinese market

According to the survey, in late May, Qingdao, Zhangjiagang, Guangzhou and other bonded areas Australia cotton The quotations of SM 1-3/16 and M 1-3/16 are 79.30 cents / lb, 78.30 cents / lb (2015 year old cotton, the lowest 28GPT strength, the M level is relatively limited), while the 5/6 month shipping period 2016 SM 1-3/16, M 1-3/16, and the strongest minimum price are 80.25 cents / lb, 79.50 cents / LB, the new cotton strength is very good, the supply is sufficient, the consistency is high, and the quotation is only higher than the 2015 year Chen cotton cents / lb.

Henan, Jiangsu and Zhejiang textile enterprises said that the 2016 high-quality Australian cotton will be the focus of textile enterprises in 6-10 months. At present, the price of Australian cotton and West African cotton is 14000-14500 yuan / ton and 13000-13300 yuan / ton respectively in the 2012 auction, which is basically the same as that of the port's customs clearance, but the color level and strength are relatively low. In the 2016 year, the quality of Australian cotton is superior to that of quality and price, and the imported cotton from the national cotton store has basically cleared up, and the quality of 2015/16 is high in the year. Xinjiang cotton In addition to some stocks of the regiment, about 90% have been consumed, and the US cotton spot and 5/6 shipping date in the port 2015/16 will be used for the 2015 cotton market in Brazil.

Recently, the CNF quotations of India 6/7 S-6 and MCU5 of the main ports in China were 71.50 cents / lb and 72 cents / lb respectively, showing a continuous slight rebound trend. However, in May, the arrival rate and the delivery volume were not large. The international cotton traders and Chinese importers were not interested in the operation of India cotton. On the one hand, there is no price difference between India cotton and traders, and the business of losing money and making money can not be done. In late May, the factory quotations of S-6 and MCU5 were 70.10 cents / pound, 70.80 cents per pound, respectively, and the price difference with the Far East Main Port (including China) was only 1.20-1.40 cents / pounds. Except for transportation costs and transportation losses, traders did not lose profits. Most of them would lose money. On the other hand, because of the strong demand for high-quality cotton in India's domestic textile factories, the gap was more obvious. The cotton ginning factory first gave priority to the supply of domestic cotton mills. The export lint was mainly made of low grade, low quality S-6 and J34, and it was difficult to spin 40S cotton yarn with cotton. Chinese buyers bought India cotton relatively cautiously. In addition, although there are still 50-60 tons of 1% import tariff quotas for cotton imported by the end of May, which is not used by the end of May, taking into account the attraction of Australia cotton and Brazil cotton in 2016, plus the "transitional" role of US cotton, Ukrainian cotton and Australian cotton in port 6-8, the buyer is right. India cotton No interest.

Although the ICE futures contract rebounded strongly after hitting a low of 60.25 cents / pound in mid May, the May 27th high 64.59 cents / list rose 7.2% in half a month, but the price of CIF, CNF and FOB on the spot rose slightly. Since May 13th, US cotton, Australia cotton, Ukrainian cotton and West African cotton have risen 3.50-3.75 cents / lb, though lower than ICE, but have attracted high attention from buyers such as China, Vietnam and Mexico. Some foreign businessmen responded to the increase in spot price quotations from foreign cotton. Since late May, since the end of last year, the price of enquiries has decreased and turnover has declined. The textile enterprises with stronger willingness to replenishment have bought a small quantity of cotton and cotton in the US. As a result, the quotations of Brazil Recap 3, Recap 4 and Recap 5 in 2015 were 69.60 cents / pound, 68.60 cents / pound, 68.60 cents / pound, respectively, compared with the 9 5 / 5/6 of the 5/6 shipping date. The Chinese cotton mills and traders had more enquiries on Brazil cotton at the spot, but the price was not large because the price was higher than that of the textile enterprises. A textile manufacturer in Shandong said that it planned to purchase 2016 cotton in Australia, 2013 auction of New Zealand cotton in the 2013 year, and part 2015/16 cotton blended with Brazil cotton. Cotton yarn 。