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China cotton commercial stock monthly report – july, 2013

China cotton commercial stock monthly report – july, 2013 Source:
Date: 20-08-2013
Visits: 285
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Reserve cotton release auction closed by the end of July, the total trade volume was 3.72 million ton. For the final month, textiles were much active at purchasing, increasing commercial cotton stock as the result, though which was still much lower than the corresponding time last year. The Xinjiang railway was still occupied by reserve cotton, and commercial cotton chose road to transport. In July, 960 vehicles of cotton were dispatched from Xinjiang, 741 vehicles less over the month. From 15th March to 31st July, there were 5,038 vehicles of cotton dispatched from Xinjiang totally.

According to survey to 158 warehouses by CCA cotton warehousing and logistics branch, by the end of July of 2013, commercial cotton carryover stock totaled 373,000 ton, 353,000 ton from inland stock and 20,000 from Xinjiang stock, 104,000 ton more over the month, while 346,000 ton less than last July. Among the stock, 36% is Xinjiang cotton, 13% is inland cotton, and 51% is import cotton. Based on this, the national commercial carryover cotton stock was estimated to be 462,400 ton, 100,860 ton less over last month. During this month, 9,000 ton commercial cotton was dispatched to inland via railway from 23 Xinjiang transfer stations. The amount is 6,000 ton more over the month, and 80,000 ton less than last July.

1. Commercial carryover stock in Inland

By the end of July, the commercial stocks in 135 inland warehouses were 353,000 ton, 96,000 ton more over the month, while 220,000 ton less Y/Y. Among the stocks, 32% of Xinjiang cotton, 14% of inland cotton and 54% of import cotton.

As for the distribution of the stocks, Shandong and Jiangsu provinces still hold the largest shares, around more than half of the total volume, then followed by Anhui, Henan and Hebei provinces. In details, Jiangsu has 30%, unchanged over the month; Shandong decreased 8% over the month to 21%; Henan held 8%, 2% less over the month; Anhui was 3%, 1% down over the month; Hebei was 4%, 1% up; Hubei held 7%, 4% up over the month; and Hunan was 1% with no change.????

2. Xinjiang commercial carryover stocks

By the end of July, the carryover stock in 23 warehouses in Xinjiang was 20,000 ton, 8,000 ton more over the month, while 126,000 ton less Y/Y. All the stocks are Xinjiang cotton.

In the month, the commercial cotton transported via railway was 9,000 ton, 6,000 ton more over the month, while 8,000 ton less than last July. Based on this, there is around 2,000 ton Xinjiang cotton still on the way by the end of July.

Monitored by: CCA Cotton Warehousing and Logistics Branch

Monitored Subjects: 158 cotton warehouses in 18 Provinces or municipalities 
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