USA New Cotton Planting

According to the US Department of Agriculture statistics, until June 29 the US cotton planting new flower was 98%, increasing 4 percent over the previous week; last year 100%; the past five-year average of 100%. Texas seeding rate of 97 percent, two percent behind the same period last year, Southwest cotton overall backwardness, most cotton has been planted completed. To June 29, the new flower bud 35%, increasing 13 percent over the previous week; 34% last year; nearly five-year average of 40%. SOUTH Arkansas cotton bud rate of 82%, increasing 32 percent from the previous week; Southwest Texas cotton bud 23%. To the 29th US cotton boll rate of 5%, which SOUTH Louisiana and southwest to Arizona cotton boll ratios were 17% and 15%. According to report growth of the seedlings, 91% of new flower growth condition is normal (10% excellent, 45% good, generally 36%); abnormal ratio of 9% (8% poor, very poor 1%).

Indian State Reserve Sales

As of the date of CCI total turnover of over 2 million auctions package, plus India's state-owned textile enterprises in the transaction, a total of around 2.15 million package.

China State Reserve Sales

June 30 morning, the NDRC official website, "authorities in July-August round out section ChuBeiMian" message. After the news release, a lot of media on the contents of the message on the topic. The current rules have not yet released, but we had three issues most concern has been clear. 1. round out the time. Message pointed out that this round of cotton reserves will start in early July, after the start of the new year in September to stop sales. 2. round out the number. Zanan round out the number of 1 million tons arrangement in which domestic cotton 330,000 tons in 2011, in 2012 the domestic cotton 470,000 tons, 200,000 tons of imported cotton in 2012. 3. round in time and quantity. Ningbo meeting in June, the leaders of relevant departments made ​​round storage policy, in today's news release stated that turn into the actual turnover and market situation in the late rounds to be arranged in accordance with, the new cotton concentrated market during choose to carry out, round the number up to more than the amount of the second round of 40%, prices reflect market conditions.