Sunday, 1 January 2012

temporary shouchu price for standard-level lint 19

129667837445927892_356Recently, a new report from the Milan Chamber of Commerce show that Milan one-fifth's family had to control consumption, they can only maintain basic life necessities.   1 ~ in September, the United States imported cotton products from global 14935.92SME new Trojan, compared with 11.18%. European debt crisisPeople in Europe and her tight wallets, including clothing of reduced consumer spending.   Markets in Europe and changes in consumer behavior, has seriously affected the export of Chinese textile and clothing industry. Starting from April this year in China in the third quarter, the textile and apparel orders is not encouraging, exports in October just as he had expected a prolonged downturn. In the 110th session of Canton fair, many of the original mainForeign trade enterprises to markets in Europe and reflects nearly two months, as Europe's debt crisis deepened, decline in market demand in Europe and America into the channel, orders from Europe and is rapidly decreasing. Decline in buyers in Europe and attend the actual transactions, respectively, 19%.   This heralds the first half of next year the old republic power leveling, China's textile and garment exports will remain weak. This year's textile and clothing exportHard times, causing the Chinese cotton prices from last year to this year and has gone through a roller coaster-style soaring prices plummeting. Last February, cotton prices surged to historical highs of nearly 35,000 yuan/ton, up as high as 70%, but from the beginning this year, cotton prices have started to collapse, as of November 21, cotton prices have dropped to below 20,000 yuan/ton, pricesMore than 40%.   In order to ensure that cotton production and prices stable, officially launched on September 8 in China cotton temporary shouchu work, temporary shouchu price for standard-level lint 19,800 dollars per tonne.   As of November 22, interim national cotton reserves received nearly 600,000 tons, effectively alleviate the supply pressure. But storing cotton represents nearlyYarn and cloth sales still sluggish, stop, limiting the increase of textile enterprises, finished goods inventories remain high, will continue to drop in cotton prices. From an international point of view, an adequate supply of global cotton production, United States Department of agriculture October report shows, is expected in 2011 or increased by 2010 in cotton stocks. Affected by the debt crisis in Europe and other countries shadowWhen slower world economic growth, consumption of cotton lost momentum. November 22, China's Zheng cotton lower low swtor power leveling, averages have been arranged in short, under the influence of American cotton down breaking down in a row, Zheng cotton dip again. In addition, taking into account the factors of strength in the dollar may trend, China cotton prices last bottomed.

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