亚洲美日韩,男人天堂伊人网,精品乱人伦一区二区三区,免费看羞羞无遮挡3d动漫,99视频网站,国产99r视频精品免费观看

Texindex.Com
Home For Buyers For Sellers MY Office News 國內貿易
    Industry News Texindex Press Releases Finance Company News The Largest Textile Market Online  
 
        Texindex.com runs the leading textile and apparel vertical nets , consisting of B2B Marketplace , Directory Search Engine , Career Center , Buyers'Guide , and Weblog in accordance with its 3C approach: Commerce Content Community
Not an Texindex.com memeber yet? Sign In
 
 

Cotton faces global stock growth, uncertain markets in 2012

2012-2-15

As U.S. cotton farmers make plans for 2012, they face a significantly different set of economic factors than they did a year ago.

“Cotton prices were on their way up (last year),” says Gary Adams, vice president, economic and policy analysis, National Cotton Council. He says markets last winter were buoyed by concerns that supplies would not be adequate to meet mill demands.

Adams, interviewed at the NCC annual meeting in Fort Worth, Texas, said the current market shows “concern about global supplies. Coming off the 2011 harvest we have a larger world crop. We’re still seeing global demand suffer from the uncertainty in the global economy, and we’re still seeing some of the aftermath of the very high prices we saw in the spring of 2011 that put a lot of stress on textile mills.”

Pressure on mills

He says the financial pressure on mills, combined with concern over the general economy has resulted in weak demand over the past few months. “That’s leading to a recovery in global stocks.”

As the industry looks to 2012, Adams says the U.S. cotton area will be a key issue. He says the NCC annual planting intentions survey indicates acreage across the U.S. Cotton Belt will decline by 7.5 percent. “That’s consistent with the market prices being down relative to where they were last year and in relation to competing crop prices.”

Despite the decline in cotton market offerings, futures market prices are still holding around 90 cents a pound, “still historically good prices.”

China policy also will affect the economic outlook for cotton. “The Chinese government has been active in replenishing their national reserves of cotton. Over the last few months they have purchased between 11 million and 12 million bales. So they have certainly created some short-term support in the market.

China card

“As we look longer term we wonder how they will go about implementing that policy. Going forward will it continue to support the market or will it dampen upside potential if they decide to turn some of that over and release some supplies? China is a key wildcard.”

Weather in the Southwest U.S. is also a wildcard. “We still have drought conditions in many parts of Texas. We’re just going to have to see how that plays out because that can certainly have the potential to swing the U.S. crop by 2million to 3 million bales.”

He says the industry hopes to see a continued “modest recovery in the general economy.”

Cotton’s price decline also may help push demand. “Cotton prices right now are much more competitive with polyester than where they were a year ago, so we do anticipate global demand can grow as we go into the 2012 marketing year.”

He says growth globally could be around 3.5 percent above 2011 demand.

Still, global stocks weigh on the market. “They continue to grow slightly as we go into 2012,” Adams says. “Without any major weather problems, we see global stocks continuing to build slightly as we go into 2012.”

Source:CTEI
 
Hot News
Featured Partners
 
Featured sites: Chemical Network | ChinaChemical Network | Chemical CAS database | ChemNet Mall | China Commodity price
Texindex  |  Site Map  |  Online Server  |  Offline Server  |  Partners & Links
Terms of Use  |  Privacy Policy  |  Disclaimer  
Copyright © 1999-2022  YesHiTech (Zhejiang) inc. All Rights Reserved 浙B2-20090135-2 浙公網安33010602010414
Contact:succeed@texindex.com Tel:86-571-87671500 Fax:86-571-88228200 
主站蜘蛛池模板: 国产亚洲精品看片在线观看 | 久久精品免观看国产成人 | 久久久久久久99精品免费观看 | 色色激情网 | 久久中国| 婷婷六月激情在线综合激情 | 四虎影视884a精品国产古代 | 午夜欧美精品久久久久久久久 | 色青五月天 | 青草视频国产 | 欧美一区二区三区在线播放 | 日韩色网站 | 四虎影视久久 | 网友自拍第一页 | 久久国产自偷自偷免 | 精品免费国产 | 日韩精品视频在线 | 久久九九青青国产精品 | 99视频在线免费看 | 黄色网站视频在线观看 | 五月婷婷六月激情 | 久久国产精品免费专区 | 亚洲综合综合在线 | 国产精品网址在线观看你懂的 | 精品久久久久久综合日本 | 99re在线免费视频 | 日本不卡一区二区三区四区 | 91精品久久久久久久久久 | 欧美二区视频 | 99福利 | 久久99精品久久久久久秒播放器 | 国产永久在线观看 | 精品一区二区三区在线视频 | 国产自产v一区二区三区c | 男人天堂v| 日韩狠狠操 | 九九99国产精品视频 | 激情文学综合丁香 | 亚洲欧洲日产国码二区首页 | 欧美日韩福利 | 欧美亚洲激情视频 |