纺织网首页 | 搜索 | 产品 | 企业 | 供应 | 求购 | 人才 | 论坛
会员登录  免费注册  新闻订阅  我要投稿
纺织资讯
您的位置:首页 > 信息中心首页 > 正文
【收藏到商务室】

Weekly Report: Reserve Volume Surpassed Previous Year; Domestic Market Price Upward Steadily


http://www.texnet.com.cn  2012-11-30 09:27:29  来源:China Cotton Association 收藏
华兴纱管
Last week, national seed cotton procurement price declined moderately, influenced by degraded seed cotton quality and cotton seed price. Upland grade five was included into reserve purchase target in several regions, where market responded not very active with the length requirement of 27 mm and above difficult to meet. Until now, reserve trade volume was 3.2 million ton, already more than the total reserve purchase of last season. Supported by reserve, domestic spot and futures markets continued to rise, further than international market.

Late November, cotton harvest nationwide generally finished. As seed cotton grade and quality degrading and cotton seed price declining, the procurement price decreased slightly. According to survey of CCA cotton processing industry branch, last week- 19th-23rd November, the weekly average price offered by big-bale ginners to type 328 equivalents was 8.42 Yuan per kilo, 0.06 Yuan lower over the week. Since 19th, lint of grade five was included into reserve purchase target in five regions namely, Binzhou, Dongying in Shandong province, and Cangzhou, Hengshui in Hebei province and Jingai in Tianjin. As a result, seed cotton market in Yellow River region was improved, the seed cotton of grade 4 equivalent remained stable, however, the length requirement of 27 mm and above asked by reserve purchase was difficult to meet for most cotton in those areas, then some big-bale ginners turned them down and suspended the business after several trials.

By 23rd November, cotton reserve trade volume in 2012/13 season was 3.207 million ton, surpassing the total volume of last season, among which there was 1,774,320 ton from Xinjiang cotton and 958,840 ton from Inland. Reserve transaction via key enterprises was 473,840 ton, and Xinjiang cotton took 65% in the rest, Hubei (8.7%), Shandong (8.3%) and Hebei (5.1%) were the top three of inland. At the same time, PCC reserve cotton release of last season totaled 29,140 ton.

Last week, domestic cotton spot and futures experienced moderate increase, for most high grade cotton was bought by state reserve, therefore worries for tight warehouse receipt drove ZCE cotton futures upward strongly. ZCE nearby contract CF301 settled at 19,795 Yuan per ton, 185 Yuan up over the week; the CNCE nearby contract MA1212 has average settlement price of 18,969 Yuan per ton, 62 Yuan up over the week. CC Index328 settled at 18,848 Yuan per ton, 60 Yuan up over the week.

At the same time, FC Index settled at 84.31 USD/Ib. which was 13,570 Yuan per ton under 1% tariff, 5,278 Yuan lower than domestic equivalent; and 14,510 Yuan per ton under sliding duties, which was 4,338 Yuan lower than domestic equivalent.
转载本网专稿请注明出处“中国纺织网”
编辑:纺织网
贸易行情论坛】 【打印】 【关闭】 【我要收藏
「相关报道」
更多精彩纺织英文
进入纺织英文>>


免责声明:浙江网盛生意宝股份有限公司对中国纺织网上刊登之所有信息不声明或保证其内容之正确性或可靠性;您于此接受并承认信赖任何信息所生之风险应自行承担。浙江网
盛生意宝股份有限公司,有权但无此义务,改善或更正所刊登信息任何部分之错误或疏失。

站内支持:关于我们 - 服务项目 - 法律声明 - 意见反馈 - 企业邮箱 - 联系我们 - 友情链接 - 纺织数据库 - 快速产品通道 - 外贸助手
兄弟站点:生意宝 - 国贸通 - 中国化工网 - 全球化工网 - 医药网 - 中国服装网 - 机械专家网 - 中国农业网 - 中国蔬菜网 - 浙江都市网 - 中国红娘网 - 南阳商务网
糖酒招商网 - 中国卫浴网 - 中国粮油网 - Global Buyers & Suppliers - ChinaChemNet

中国纺织网 版权所有 1997-2014 浙ICP证:浙B2-20080131
服务热线:0571-88228405