Page 5 - 01 Cotton SA May 2013

Nuus • News

Verkiesing van voorsitters en verteenwoordigers
T ydens die Maart-vergadering van die SAKPO bestuur is mnr. Evert Genis van Loskop

as voorsitter van SAKPO herverkies en is mnr Andries Kuhn as nuwe ondervoorsitter
aangewys in die plek van mnr Pieter Potgieter wat bedank het. Tydens Katoen SA se
Maart-vergadering is mnre Leonard Venter en Phenias Gumede van Makhathini ook
weer onderskeidelik tot voorsitter en ondervoorsitter van Katoen SA vir die volgende
termyn verkies.

Evert Genis Andries Kuhn
Katoen SA se nuwe webwerf

atoen SA se nuwe webwerf het pas die lig gesien. Behalwe
vir ‘n heel nuwe baadjie is daar ook ‘n paar nuwe kenmerke.
Gebruikers kan nou die beweging van die A-indeks en
katoentermynpryse op die tuisblad sien wat daagliks opdateer
Kword. ‘n Virtuele katoentydskrif kan deurgeblaai en gelees
word en artikels kan afgelaai word. Daar is ook koppeling na Katoen
SA se YouTube en Facebook bladsye. Facebook skep die geleentheid
vir lede van die katoengemeenskap om met Katoen SA en mekaar
te kommunikeer, foto’s en video’s op te laai, ens. ‘n Omvattende foto
biblioteek is ook geskep wat skoolkinders kan benut vir take. Die nuwe
webwerf werk die beste met Internet Explorer 9 of later asook met en al
die ander webblaaiers soos Google Chrome, Fire Fox en Safari. Gaan kyk
gerus by www.cottonsa.org.za.

China to buy cotton crop for third year as

inventory swells

China, the largest cotton grower and user, will buy the new crop from local farmers for a third year, supporting prices
even as stockpiles swell.

tate purchases will continue from this September through March last month and 11.71 million a year earlier, the Department of Agriculture
2014 at 20,400 yuan ($3,291) per ton, unchanged from last year, said yesterday in a report.
and with no cap on quantity, the China Cotton Association
said in a statement on its website. The government’s cotton futureS riSe
S inventory is estimated to account for half of global stockpiles as Prices for July futures rose 0.4 percent to 87.85 cents a pound on ICE
China buys the fibre to support farmers. The stockpiling price is almost 70 Futures U.S. at 16:00 p.m. Beijing time. Exporters from the U.S. to
percent higher than futures in New York and is also at premium to cotton Australia may benefit as China buys up local supplies and textile mills
for September delivery on the Zhengzhou Commodity Exchange, which import high-quality fiber, said Xi Jin, manager at China National Cotton
traded closed at 20,305 yuan today. Information Center. China’s government bought 3.13 million tons of
“China’s purchasing program has lifted cotton prices in China and abroad,” cotton in the 2011-2012 season, and another 6.5 million tons in 2012-
Dong Shuzhi, researcher at the Shanghai Flow International Trade Co., 2013, according to the industry website cncotton.com. State warehouses
said by phone from Shanghai today. “The country’s own cotton users were already brimming with the cotton before the latest stockpiling
have had to turn to get quality supplies because the government bought announcement, which comes before local farmers begin spring planting.
about 90 percent of the latest harvest for inventories.” Source: Bloomberg News.
Cotton futures in New York, which have gained 17 percent this year, Here are some conversions for the editorial: $3291/tonne = $1.49/lb lint
continued their advance today after signals that demand will climb for (this is paid for highest quality cotton). 3.13 M tonnes cotton bought in
exports from the U.S., the world’s biggest shipper. In the year ending July 11/12 = 14.4 M bales. 6.5 M tonnes cotton bought in 12/13 = 29.9 M
31, U.S. exports will be 13 million bales, up from 12.75 million projected bales.
Aandag lesers!

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Attention readers!

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Redakteur / Editor: Katoen SA, Posbus / PO Box 759, Montana Park 0159 of / or editor@pop.co.za

Katoen sa Cotton 5 Jan - Mei/May 2013