Bonded And Customs Clearance, US Cotton Shipments Are Cold, Quoted Price Outside Cotton.

According to several foreign businessmen, as of September 14th, the India CCI auction sold 6 million 350 thousand packages (1 million 80 thousand tons), with a surplus of 2 million 320 thousand packages (400 thousand tons). It is expected that all sales will be completed before mid October. At present, the supply of high-grade cotton in India is tight, and the sales of main ports such as C/A, EMOT and SJV PIMA are blocked. In addition, the possibility of 2015 months of cotton import quotas issued by the Chinese government in August is basically shattered.

Indonesia, Vietnam and other countries to turn the port strength, the US cotton quotes at the spot almost disappeared, instead of concentrating on the "advance sale" of the 2015/16 cotton market in the far months.

In September 15th, an importer, the United States cotton newspaper, as follows (cleared):EMOT GC21-3-36, EMOT GC 31-3-36, EMOT SM 1-1/8 cleared RMB quotations were RMB 14600 yuan / ton, 14500 yuan / ton, 14300 yuan / ton, while EMOT SM 1-1/8's price fell below 14000 yuan / ton, and the difference between Xinjiang 3128 grade hand picked cotton reduced to 1000 yuan / ton.

It is understood that the recent 1/2/3 months sailing date

Uzbekistan, West Africa cotton and port, Brazil cotton, which are shipped at the current time, are the focus of the inquiry and attention of the Chinese cotton mills and middlemen. In the middle and September of the year, there were some shipments of good quality and cheap West African cotton in addition to some pactions in Brazil cotton.

Several foreign statistics concluded that as of September 15th, the total amount of bonded cotton in China's main ports had dropped to less than 200 thousand tons, of which 55%-60% accounted for the highest level.

According to Qingdao,

There has been a small number of high-grade Xinjiang cotton in 2015/16 for processing and listing in succession, and the sale of cotton lint in the 2014/15 Corps has been in an orderly manner. The price of the 3128 and 2128 grade cotton has dropped to 11700-13000 yuan / ton, so the price of the United States cotton in the port has generally been reduced by 100-200 yuan / ton compared with that in early September, and the reduction rate of M and SLM grade cotton is larger than that of SM and GM. However, a large importer indicates that the price reduction has not effectively stimulated the interest of the domestic buyers, and is still on the waiting and waiting state. Therefore, the ports of the US cotton and Australia cotton will enter the "drop and fall" channel, and the difference between the inside and outside cotton will continue to shrink. The difference between EMOT SM 1-1/8 and Xinjiang cotton 2128 will not be reduced to 500 yuan / ton. Cotton Traders in other places, reflecting the fact that since the beginning of September, since the beginning of the last decade, the price of bonded cotton and the United States and cotton shipments have been so cold that they are not as good as the Australian cotton which was picked up by the same machine, plus the middle of September.