New Cotton Growth In The United States Is Ideal For Us Cotton Export Stability

On the 4 th of July 29, 2016 -8, the average price of the seven standard market spots in the United States was 72.75 cents / pound, up 1.38 cents / pound from the previous week, up 11.5 cents / pound compared with the same period last year. When Zhou, seven big spots in the US market 2321 bags were sold, and 2106416 bags were sold this year.

During the week, the US spot prices generally rose, the prices in eastern Texas were stable, and foreign enquiries were generally low. In western Texas, western desert areas and San covenant districts, foreign enquiries were light, Pima cotton prices were stable, new flower export enquiries and spanactions were general, and the main buyers were India and Pakistan.

There are scattered thunderstorms in the southeastern United States, the new cotton is growing fast, the buds are almost over, the overall seedling is optimistic, the northern part of the delta is extremely hot and the new cotton is growing rapidly; the southern part of the delta is extremely dry and hot, and the new cotton is in urgent need of replenishment. The dry weather in the southern part of the state is hot and hot, new cotton is spreading, and the harvesting and processing are in full swing; the dry land in western Texas continues to turn bad and the irrigated fields are in good condition; the desert areas in the West continue to have high temperature and the overall condition of the seedlings is good. The harvest will begin in two weeks.

US domestic Textile mill There is an enquiry for shipment of grade 4 cotton in the first quarter of next year. Enquiries are also made for the low grade shipment from December to March next year, due to the terminal. product And retail demand is sluggish, factory procurement cautious. The US cotton export is general, Turkey has purchased the recent shipment 4 level cotton, the Far East has the inquiry price to all kinds of low grade low price varieties.

As of August 4th, the sale of new cotton in the United States increased significantly compared with the same period last year, and the pre-sale area of Upland Cotton accounted for 4% of the sown area, up from 2% in the same period last year, of which 10% was sold in the central and southern region, 3% higher than the same period last year, and 8% in the southeast region, 4% higher than that in the same period last year, and 5% in the western region, 1% higher than that in the same period last year, and 1% in the southwest area, which was unchanged from the same period last year.