Australian cotton "high price" exports are not sold, Chinese shipping does not affect imports

Although Chinese buyers are affected by the high price of Australian cotton and the lack of cotton import quota, the characteristics of high Australian cotton grade, good fiber length (large ratio of 15/32 and above) and high consistency of lint in 2015 are very prominent. Spinning 40, 50s cotton yarn or replacing sjv alaca, sjv pima sg with cotton-spun high-count combed yarn is very attractive to Chinese textile enterprises.

It is understood that in May Australia signed a contract to export 49,000 tons of lint cotton and 102,285 tons of shipments. The main contracted import distributions are as follows: China (36,800 tons), Vietnam (0.34 million tons), Thailand (0.23 million tons), Indonesia (0.22 million tons), etc. China accounted for 75% of the total; from the feedback of China's main ports in June and July, the signing, shipment and arrival of Australian cotton reached a high tide. Chinese buyers were affected by high Australian cotton prices and lack of cotton import quota. The impact of the 2015 Aussie grade is high, the fiber length is good (1 5/32 and above) and the high consistency of lint is very prominent. Spinning 40, 50s cotton yarn or replacing sjv alaca, sjv pima sg Cotton-spun high-count combed yarn is very attractive to Chinese textile enterprises.

An Australian ginning factory and exporter said that the Changshu flannel in early July, Qingdao, Zhangjiagang, Guangzhou and other Hong Kong customs clearance sm 1-5/32 〞, gm 1-5/32 〞 Australian cotton quotation in 17000-17200 yuan / In the 2014/15 year, the emot sm 1-1/8〞 price is only 14800-15200 yuan / ton, the difference is about 2,000 yuan / ton, July 10, the bonded area gm 1-7/32 〞, sm 1-7/ 32〞, sm 1-5/32〞, m 1-7/32〞 Australian cotton cif offers are concentrated at 97.8 cents/lb, 94.85 cents/lb, 91.8 cents/lb, 92.8 cents/lb, above c/a sm, emot sm US cotton 10 cents / lb or more, but the Australian cotton short-term cut cif offer space is relatively narrow, on the one hand, 2015 Australian cotton production is expected to be only 48-500,000 tons, a decrease of about 50% compared with 2014 On the other hand, the export pressure of Australian cotton is not strong; on the other hand, the cost of Australian cotton is strong, and the quality, grade and length of lint are relatively high. It is suitable for spinning cotton yarns of 40s and above. Not only the yarns of China, Southeast Asia, South America and other countries are also inquired. Very positive.

Since July 10, the relevant Chinese departments will reserve 1 million tons of national cotton, including 330,000 tons of domestically produced cotton in 2011, 470,000 tons of national cotton in 2012, and 200,000 tons of imported cotton in 2012. In 2012, the national reserve cotton re-inspected 3128 level starting price of 15,500 yuan / ton, of which a small amount of Australian cotton, West African cotton (mostly American cotton), compared to the port Australian cotton spot has a clear advantage in price, if The national reserve cotton was downgraded to “23” and “33”, which was lower than the starting price of RMB 500-1100/ton, which will inevitably lead to widespread attention and bidding by Chinese cotton companies and traders. Some textile enterprises in Shandong, Henan and Jiangsu said that although the state-owned Australian cotton and American cotton public inspection grades did not decline much, the fiber strength dropped greatly, and it was impossible to spin high-yarn yarns of 40s or more. Coral wool manufacturers and Xinjiang from July to September. The high-grade hand-collecting cotton has also been basically consumed. The cotton enterprises can only choose the port of Australian cotton, American cotton, Brazilian cotton, etc. The raw material selection space for spinning low-yarn yarns of 40s or less is quite large, not only 1 million tons of countries. Cotton storage, port West African cotton, Central Asian cotton, Indian cotton can use Changshu coral velvet.

The author believes that more than 70% of Australian cotton will be exported to the Chinese market in 2015 and will be consumed effectively (about 300,000 to 350,000 tons). In July and October, the signing and shipment volume of Australian cotton to China will be “suddenly advanced” (Xinjiang, October) The supply of cotton to the cotton mills in the Mainland is relatively limited. Some large and medium-sized cotton mills will mainly use Australian cotton, national cotton or Australian cotton, American cotton, and national cotton to match high-yarn yarns, high yarns and jc40s, jc50s. Yarn; port bonded US cotton, black cotton and West African cotton are in a relatively "defective" situation. There are 2015 Australian cotton and Brazilian cotton "topping", and there are 1 million tons of national reserve imports and domestic cotton "toppings". There are the remaining 600,000-700,000 tons of Xinjiang cotton in 2014/15. Therefore, although the Australian cotton is “high price”, it is not sold. The Indian cotton s-6 price is low, but it is difficult.