India's Natural Disaster Hit Cotton Production &Nbsp; Domestic Cotton Chong Thirty Thousand

2010/11/3 13:41:00 38

The tight global supply of cotton has also helped.

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Rise in price.

"According to the latest news, the amount of cotton lost by the storm in the United States has reached 50 thousand tons, although this is relatively small compared to the total output of 4 million 100 thousand tons in the United States this year. However, in the new cotton market and the shortage of cotton in the world, the news of the loss of cotton in the United States is both psychological and psychological."

Besides,

India

There was also news of the price of cotton.

In the next two weeks, India will usher in a large-scale rainfall process. It is estimated that the rainfall in the southern region will reach 15.25 to 30.50 millimeters, which poses a great threat to 25% cotton that has not yet been picked up locally, and may lead to rainfall.

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The new cotton market is further postponed.

India's export policy of cotton is relatively variable this year, and the possibility of revising its export policy is not ruled out.

In recent years, there are more domestic and foreign worries in the cotton market. It is estimated that Zheng cotton still has room to rise under the support of international cotton prices and tight domestic supply. In recent months, the contract has exceeded 30000 yuan per ton in November, and it is expected that the main 1105 contract will have a greater possibility of touching 30000 yuan per ton.