Home >

US Cotton Demand Shrank &Nbsp; Drought Continued In Western China.

2011/5/24 16:32:00 68

US Cotton Demand Drought

Spot and spot prices


From May 13, 2011 to 19, seven major market standards in the United States

Goods in stock

The average price is 152.48 cents / pound, up 5.77 cents / pound from the previous week, up 77.47 cents / pound compared with the same period last year.

In the week, the seven spot markets in the United States totaled 10514 packages.

From May 20, 2011 to 26, the price of AWP is 142.14 cents.


Transaction status


During the week, the demand for the domestic spot market was very light, the price rose, and the foreign enquiry was scarce. Only the Pima cotton demand was good and the price was stable.


Weather conditions and harvest progress


When the weather was cold and rainy in the southeastern part of the United States, the sowing time was different.

cotton

Thousands of acres of cotton were flooded in the southern part of the Delta, and the ten thousand acres of cotton fields were flooded. The Rio Grande River Valley in the southern part of Texas was very sparse and scattered, and the drought was still not improving. The western part of Texas was still extremely dry, and the sowing was still limited to irrigated fields. After the sowing of the new cotton fields in the dry land, there was no seedling emergence due to lack of water. The cotton growing in the western desert area was normal. However, the wind and wind in the desert area made the area still extremely short of water. There was a small amount of rainfall in the San jonking area and the sowing rate slowed down. After the emergence, the growth was weak; the weather in the northern part of the delta was normal, and the new cotton planting and growth progressing steadily.


Demand situation of textile factories at home and abroad


When week, the American textile mill has an inquiry price for 3 and 4 cotton new flowers delivered in 1-3 next year.

Textile mill

Purchase

Still cautious, most factories start 5-7 days a week.

Shipment and production delays in some textile factories are affected by recent bad weather.


US cotton exports are scarce. Because of the low price of other varieties, the demand for us cotton has obviously shrunk. The best demand is low grade and low price varieties.

  • Related reading

外围市场普跌  PTA走低可能性较大

Foreign exchange trend
|
2011/5/24 14:49:00
38

Cotton Futures Lower By 1%, Follow The Trend Of Commodity Market Decline

Foreign exchange trend
|
2011/5/24 13:37:00
47

US Cotton Successfully Cracked 159 Pressure &Nbsp; Zheng Cotton Continued To Notch Up Tough Battles.

Foreign exchange trend
|
2011/5/19 11:27:00
51

US Dollar Reversed Strongly, Pulling RMB Exchange Rate Down Slightly

Foreign exchange trend
|
2011/5/16 15:46:00
60

PTA Spot Rose Slightly Downstream Polyester Products Prices Continue To Fall

Foreign exchange trend
|
2011/5/16 14:57:00
49
Read the next article

当兄弟机械邂逅科技

上海兄弟印刷机械有限公司由原上海印刷机械二厂与外方合资组成。上海印刷机械二厂前身系明昌机器厂,创建于1929年,是国内最早生产胶印机的厂家,当时的“明昌橡皮车”在国内外享有一定声誉。