The Demand For Us Cotton Spot Exports Is Stable &Nbsp, And The Growth Of New Cotton Is Optimistic.

Spot and spot prices

On the 11-17 th of June 2010, the average price of the standard market spot in the seven largest markets in the United States was 76.19 cents / pound, up 2.65 cents / pound from the previous week, up 26.02 cents / pound compared with the same period last year.

ICE futures market contract settlement price in July was 80.80 cents / pound, down 1.71 cents / pound compared with the previous week.

In the week, the seven spot markets in the United States totaled 3076 packets, down 1982 from the previous week.

On -24 June 18, 2010, the price of AWP was 77.68 cents, and the LDP subsidy was 0 cents.

Transaction status

During the week, the major spot markets in the United States were not active, the supply and demand was flat, the average price rose, the CCC cotton loans were not active, the West had new flower sales, the domestic textile factories did not purchase, the foreign textile mills generally had no inquiry, the San Yue Jin area did not have long-term sales, the domestic textile mills did not purchase, there was no new flower sales and domestic procurement in the western desert area, the demand and price of Pima cotton were stable, there was a small number of overseas enquiries, no long-term sales, and domestic factories did not purchase.

Cotton sowing in spring and weather conditions

　　当周，美国东南部地区维持高温干燥天气，苗情总体良好，但高温导致土壤水分快速流失;三角洲北部气温偏高，雷雨天气对幼苗生长有利，新棉全面进入现蕾期;三角洲南部的高温促使棉花加速生长，现蕾率为20-47%;西南得克萨斯州中东部的降雨使干旱有所缓解，但旱情没有根本消除，沿海地区新棉长势理想，多数地块已进入开花和结铃期;得州西部高原局部地区暴雨过后天气转为晴朗干燥，有利于新棉生长，南部高原地区遭遇狂风暴雨和冰雹，但新棉受损轻微，该州棉花长势总体正常;西部圣约金地区维持晴热天气，半数地块苗情为良好以上;西部沙漠地区进入花期和铃期，大部分地区苗情正常或良好;圣约金皮马棉的生长比计划晚了2-3周，远西部地区天气炎热，但棉花生长总体良好。

Demand situation of textile factories at home and abroad

During the week, the domestic textile mills in the United States purchased some grade 4 cotton in 2010 for 6-10 months, and procured 4 grade cotton and 5 grade cotton for immediate shipment.

Because of the continuous demand for gauze, most factories are running at full capacity.

US cotton export inquiry is stable.