USDA: As Of October, The US Cotton Export Contract Reached 60%.

Although the beginning of this year's US cotton export is unfavorable, there is still hope to complete the USDA forecast of the export target of 2 million 177 thousand tons. In the first three months of this year, US cotton exports completed 12% of the forecast target, lower than the same level in recent years.

In fact, American cotton Exit Slow progress did not surprise the market. The US cotton initial inventory this year is almost the lowest level in more than 20 years, which means that the quantity of available cotton for export is very limited. In addition, textile mills are also the main reason for the downturn in cotton exports and other cotton exports. Textile mills generally believe that cotton prices will fall further after the new cotton market in the northern hemisphere is on the market.

Also worth mentioning is that in the first three months of this year, the number of US cotton non shipment contracts is equivalent to 50% of the USDA export target, which is the third highest in 15 years. level The contract volume has already completed 60% of the export target, higher than the same period of the previous year. From this point of view, the prediction of US cotton exports to USDA is still worth looking forward to.

　　 AQSIQ and other 5 ministries start e-commerce product quality improvement action

Recently, the AQSIQ, the NDRC, the Ministry of industry and commerce, the Ministry of Commerce and the SAIC jointly launched the e-commerce product quality improvement action in Beijing.

Zhi Shuping, director general of the General Administration of quality supervision, inspection and quarantine, emphasized that the quality of e-commerce products must be diversified and co governed. He pointed out that upgrading the quality of products and purifying the online shopping environment is a system. engineering We need multiple efforts and pluralistic co governance to form joint efforts and push forward for a long time. AQSIQ looks forward to strengthening close collaboration with relevant government departments, and expects e-commerce producers to shoulder the responsibility of product quality. E-commerce enterprises bear the responsibility of product quality checks, industry associations strengthen self-discipline, and consumers are actively involved in quality improvement actions to jointly promote e-commerce development towards quality era.