China'S Cotton Imports Amounted To 191 Thousand And 500 Tons In May.

< p > according to customs statistics, in May 2014, China's "a href=" http:// "www.sjfzxm.com/news/index_c.asp" > imported cotton < /a > 191 thousand and 500 tons, a decrease of 32 thousand and 900 tons from last month, a decrease of 14.6%, a decrease of 44.6% over the same period last year.

The average import price was 2137 US dollars / ton, up 50 US dollars / ton compared with April, up 4.9% compared with the same period last year.

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< p > analysis shows that in May, China's "a href=" http:// "www.sjfzxm.com/news/index_c.asp" > textile enterprises < /a > funds were tighter, purchasing cotton was cautious, the turnover of cotton reserves decreased, and the number of cotton imports also dropped from last month, while the average import prices continued to rise.

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< p > > a href= "http://? Www.sjfzxm.com/news/index_c.asp" > quota usage < /a > 1% tariff, more than half.

Feed processing has become the main import mode of trade. The source countries are still concentrated in India and the United States, and the number has declined, and Australia and Uzbek cotton have increased significantly.

The import customs are mainly Qingdao, Nanjing and Shanghai, and the import areas are mainly Jiangsu and Shandong.

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< p > related links: < /p >

Phase P cotton fell second days on Tuesday to its lowest level since November 2012. The US Department of agriculture's report triggered market expectations that US cotton output will exceed its previous expectations.

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< p > the most active Intercontinental Exchange (ICE) -12 futures contract fell to 72.20 cents in the intraday exchange, and then cut down, down 0.11 cents, or 0.1%, at 73.40 cents a pound.

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< p > the contract narrowed down because buying at the time of approaching the 72 cent support position further emerged in the oversold area.

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< p > the US Department of Agriculture reported on Monday that the cotton planting area in the United States was 11 million 370 thousand acres in 2014, 9% higher than last year.

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< p > traders said that the increase in cotton planting area, coupled with the favorable weather conditions in Dezhou in recent weeks, made the output of cotton higher than expected in the United States, thereby forcing prices to bear pressure.

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