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Cotton outlook

机译：棉花展望

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Upland asking prices have presented a fairly stable appearance during most of the period, in accordance with a less volatile New York futures market. Speculators reduced their net long position last week, which also saw a fall in the open interest...Turnover on Chinese markets has lessened in advance of next week's Spring Festival. Severe weather has hampered rail transport and disrupted energy supplies. Inflationary pressures may be exacerbated... Interior values have presented a firm appearance inIndia, where the execution of existing contracts appears the main focus... In the United States, a congressional Conference Committee will shortly begin work on the Farm Bill. A new Agriculture Secretary has been appointed. Most parts of the United States cotton belt have experienced beneficial rainfall, but West Texas has remained dry... Land preparation is progressing steadily in Mexico... Rising input costs and firm prices for competing crops, may adversely affect new crop plantings in Egypt... TheChina Cotton Association has increased its estimate of production from the 2007/ 08 crop to 7,800,000 tonnes, a figure adopted by Cotton Outlook. Xinjiang's statistical bureau has issued a current crop production estimate for the region well above last season's official figure... Confidence in India's production outlook is well maintained, in face of weekly seed cotton arrivals in excess of one million lint equivalent bales... Estimates of Australia's cotton area have been increased modestly... The production outlook in Brazil is promising, following excellent growing conditions in recent weeks... Argentina's crop appears in generally good condition. Recent rainfall has been helpful.The recent precipitate decline in futures has placed US cotton on a competitive footing. Further import business has this week come to light on various Asian markets, and in Turkey. During the week ended January 24, the net increase in upland export sales registrations was 291,400 running bales. Those of Pima increased by 15,600 bales... Pakistan has purchased modest volumes of Indian and West African upland cotton, as well as Egyptian and US Pima... Bangladesh has purchased a few thousand tonnes more of Uzbek high grades... Central Asian styles have occupied the limelight in Italy... Sudan has launched an initial sales tender for 2007/08 crop Acala. Official data indicate that Chinese yarn production remained strong in December, and that investment in the textile sector grew appreciably last year... The strong lira has accentuated the import competition faced by Turkish spinners... Textile interests in Pakistan have been lobbying for government assistance to mitigate the effects of power shortages.
机译：提出了一个相当高地问价格稳定的外观的大部分时期,根据纽约期货波动较小市场。上周,也看到了下降开放的兴趣……减少在下周的春天节日。运输和能源供应中断。通胀压力可能会加剧……提出了公司出现内部值印度,现有的执行合同出现的主要焦点……州,一个国会委员会会议在农业法案开始工作不久。农业部长被任命。部分美国棉带经验丰富的有益的降雨,但西德克萨斯一直干……在墨西哥稳步前进……成本和公司的价格竞争作物,可能影响新作物种植在埃及……中国棉花协会已经增加了估计2007/08作物的生产7800000吨,采用棉花前景。为该地区当前作物生产的估计远高于上个赛季的官方图……在印度生产前景的信心维护,每周籽棉的面貌人数超过一百万的棉絮包……适度增加…之后,在巴西的前景一片光明良好的生长条件在最近几周…阿根廷的作物通常出现在好条件。最近的沉淀期货下降美国棉花在竞争的基础上。本周进口业务已经暴露出来各种各样的亚洲市场,在土耳其。截至1月24日,高地的净增长出口销售登记291400运行包。巴基斯坦已经购买了温和的印度人和西非陆地棉,以及埃及和美国皮马人……几千吨的乌兹别克高成绩……焦点在意大利……最初的销售投标2007/08作物阿卡拉。官方数据显示,中国纱线12月生产保持强劲,在纺织行业投资增长明显去年……进口土耳其纺织者所面临的竞争……在巴基斯坦纺织利益游说政府帮助减轻影响电力短缺。

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