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Dynamic Analysis Of Recent International Cotton Market

2013/3/20 19:58:00 19

Market Analysis Of International Cotton And Cotton Market

< p > < strong > < a > href= > http://cailiao.sjfzxm.com/Matertial/show/default.aspx > > Kyrgyzstan < /a > Tan approved "the development outline of 2013~2015 textile and sewing industry" < /strong > /p >


< p > recently, the Kyrgyzstan government approved the "outline for the development of textile and sewing industry in 2013~2015" and issued it to relevant government departments.

The outline was compiled by the Ministry of energy and industry in Germany at the end of 2012 with the support of the German international cooperation agency.

During the compilation process, the German international cooperation organization has extensively collected the opinions and suggestions of representatives of private entrepreneurs, government departments, business associations, international organizations and aid agencies in the domestic textile and sewing industry, thus establishing the following priorities: improving the competitiveness of textile and sewing industry, promoting export growth and diversification, creating convenient conditions for textile production, developing local textile and sewing industry, and promoting cooperation and dialogue between enterprises and government departments through the development of workers' and employers' associations or alliances.

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< p > to implement this outline, the Kyrgyzstan government intends to take a series of measures to improve the technical level of sewing workers, tap the export potential of sewing industry, attract domestic and foreign funds to support the development of the textile industry, organize training courses to improve the management level of sewing operators, and establish an industrial base with complete infrastructure in Bishkek and Osh.

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< p > according to the Ministry of economic information, the previous "2009~2011 program" has been successfully implemented, and has promoted the domestic textile and sewing industry to reduce the defective product rate, improve the quality of finished products, and increase the labor productivity by 15%~20%.

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< p > < strong > India < a href= > //www.sjfzxm.com > cotton price > /a > suddenly rise sharply, resulting in panic in the spinning industry < /strong > /p >


< p > recently, India cotton business and spinning industry retaliate on the price and supply of cotton in India.

The southern India Textile Association (SIMA) strongly urged the release of Cotton Corp's cotton stocks.

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In a statement, Mr. S. Dinakaran, President of P SIMA, said that the government's cotton purchasing agencies, such as Cotton Corp of India and some big cotton merchants, had a sharp rise in cotton prices due to their holdings.

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Prior to "P", SIMA had urged the India government to intervene and help release the cotton stocks of India Cotton Association, but this appeal was strongly criticized by India Cotton Association.

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< p > today, the president of SIMA said that because of the lack of government action in the past 15 days, cotton prices rose by 2500 rupees / candy (46.35 US dollars / candy) (1).


Candy=355 kg).

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< p > SIMA criticized that in the past 5 years, cotton purchasing practices resulted in price speculation and artificially short supply of cotton.

San card


The current price of the 6 varieties is about 95 cents / pound, higher than the international market price.

Yesterday, the New York cotton futures contract closed at 88.54 cents / pound in December.

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Cotton Traders in the US and other parts of the world pay close attention to the fluctuation of the cotton market. < p >

A cotton grower in a plateau cotton grower conference held in Lubbock, Dezhou, USA, said that this year will be another year of cotton price volatility, with uncertainties in weather and market.

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< p > < strong > Egypt's < a href= > //www.sjfzxm.com/news/ > cotton export > /a > 5615 tons < /strong > /p >


In the week ending March 14th, Egypt agreed to export 5615 tons of cotton, Alexander cotton Exporters Association said. P

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Since P, Egypt has exported 51170 tons of cotton and exported to US $147 million 800 thousand since September 1st, the Alexander cotton Exporters Association said in its weekly report.

Last week's exports included 1936 tons of Giza grade 88 cotton and 3679 tons of Giza 86 grade cotton.

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