United States: New cotton grows well, US cotton exports are flat

From July 7th to 13th, 2017, the average spot price of standard grades in the seven major markets in the United States was 65.52 cents/lb, a decrease of 1.46 cents from the previous week and a decrease of 3.33 cents/lb in the same period last year. That week, 239 bales were traded in the seven major domestic spot markets in the United States, with a total of 1,564,064 bales being traded this year. During the week, domestic spot prices in the United States fell. Inquiries for new foreign flowers in central and eastern Texas were average, while Bangladesh, China, and Indonesia demand the best. Inquiries for foreign new flowers in western Texas were average, and those from Bangladesh, China and Indonesia The demand is the best. The foreign inquiries in the Western Desert and San Joaquin area are light, the price of Pima cotton is stable, the foreign inquiries for new flowers are good, and the demand in China and Peru is the best. The weather in the southeastern United States is sunny to cloudy, with rainfall in some areas and sufficient soil moisture. The new cotton is growing well, with a boll setting rate of 7-21%. The weather in the northern part of the Central South Delta is sunny and hot, with light rain at the end of the week. The boll rate is 9-50%; the weather in the southern part of the delta is sunny and hot, and the scattered thunderstorms in the later period supplemented the soil moisture. The new cotton is growing well, and the boll setting rate is 10-54%; the dry land in the Rio Grande River Basin in southern Texas Field harvesting speeded up, and ginning plants started to increase gradually. The new cotton in central and southern Texas was fully cracked and bolled. The alternating sunny and rainy weather in central and eastern Texas helped the new cotton grow smoothly; the high temperature in western Texas accelerated the growth of new cotton The early hail caused half of the cotton fields to lose, and the replanted cotton was not insured; the high temperature in the western desert area reached 47 degrees Celsius, and the new cotton in various places was greedy for small cracks, the rainfall was very sporadic, and the new cotton grew well; The weather in Yogyem area is dry and hot, and the new cotton is growing well; Pima cotton continues to be extremely hot, with scarce rainfall, and the new cotton is growing well.　　 Domestic textile mills in the United States have inquiries for new 2017 grade 4 cotton flowers shipped after January next year. Most factories have sufficient immediate and recent stocks, and textile mills are cautious in purchasing. US cotton export demand is flat, and the Far East continues to inquire a small amount of low-grade new cotton for shipment from January to May 2018. Article keywords: 　美棉