American Cotton Market Needs Light &Nbsp; Sown Cotton 18%.

　　 Spot and spot prices

25 to 28 April 2011, the Seventh National Congress of the United States market The average price of standard grade spot is 160.94 cents / pound, compared with the previous week. Fall 14.22 cents / pound, up 83.11 cents / pound compared with the same period last year. ICE futures The settlement price in July was 152.02 cents / pound, down 15.49 cents / pound compared with the previous week. Zhou, the Seventh National Congress of the United States Goods in stock The market has accumulated zero turnover. From April 29, 2011 to May 5th, the price of AWP was 163.23 cents.

　　 Transaction status

Zhou, the major spot markets in the US demand They are all very light and the price is falling. Only the demand of San Yu Jin area is acceptable, Pima cotton needs good, prices are stable, and China's purchasing interest is the best. As futures prices continue to fall, foreign enquiries in the central and western regions are still rare.

　　 Weather conditions and harvest progress

According to the United States Department of agriculture's cotton planting progress report released in May 2nd, as of May 1st, all 15 cotton producing countries except Kansas and Missouri started planting in other states. The average progress of the country was 18%, 6% slower than last year, and 6% slower than the average in the last five years. California, Arizona and Louisiana were 80%, 70% and 65%, respectively.

When the storm and tornado attacked the southeast of the United States, storm and hail occurred in the northern part of the Delta, serious water accumulated in most areas, interrupted field operations, heavy rain in the southern part of the Delta, and interruption of cotton planting. Although the storm and tornado in eastern Texas eased the drought, the sowing date continued to delay. In the western part of the western part of the state, there were a small number of sowing, but the storm hit a large area of cotton fields. The desert areas in the West were growing normally and without rain, and the cotton fields were still partial to dry; the sowing area of the San Yue Jin area was enlarged and the seedlings had sprout completely; the Pima cotton was growing normally, and the cotton fields except California were still dry.

　　 Demand situation of textile factories at home and abroad

Weekly textile mills in the United States had inquiry prices for grade 4 cotton shipped in 2011 in the first quarter of next year, but there was no deal. Most factories were running at full capacity. US cotton exports are scarce, and the number of contract breaking contracts has increased.