Du Ying

China’s Cotton Imports Seen Exceeding USDA Estimates

Cotton imports by China, the biggest consumer of the fiber, will exceed a U.S. estimate for the 12 months through July as government stockpiling to boost farmers’ incomes exacerbates a shortage.

China to Extend Resources Tax to Entire Nation to Fund Government Spending

China plans to extend a tax on oil, gas and coal output to the entire nation, stepping up efforts to raise funds for development of poorer inland provinces in a move that will reduce earnings for resource producers.

Cotton Futures in China Surge as State Purchases Reduce Supplies

Cotton futures traded in China’s Zhengzhou climbed the most in a year after government purchases reduced the supply in the local market.

Rio CEO Albanese Says Spread of `Resource Nationalism' May Curb Supplies

Rio Tinto Group Chief Executive Officer Tom Albanese said “resource nationalism” may spread as governments around the world seek to boost their share of mining profits, potentially constraining supply.

Cotton Production, Quality May Decline in China, Boosting Imports, Prices

China, the biggest cotton grower and buyer, may boost imports as low temperatures and rain hurt crop quality and production, according to a Bloomberg News survey.

Stocks Fall in China For First Time in 3 Days; Industrial Companies Slide

China’s stocks dropped for the first time in three days, led by industrial companies and energy producers, as concern the government will step up tightening measures overshadowed rising earnings.

Cotton Farmers in China Fail to Boost Crop, Top Agency Says; Prices Climb

Cotton plantings in some areas of China, the largest importer, have fallen as record prices failed to spur increased acreage, according to the top economic planning agency, which highlighted a problem in the biggest producing region. Futures reversed losses to gain 1 percent.

China Stocks Fall Most in 6 Weeks on Factory Data, Funding Risks

China’s stocks fell, driving the benchmark index down by the most in six weeks, as a measure of manufacturing weakened and Credit Suisse Group AG said funding may be tightened for property developers.

China Water Conservation Investment to Rise 15%, Securities Says

Investment in water conservation this winter and next spring among governments and private companies in China will increase by more than 15 percent to more than 336.4 billion yuan ($54 million), the China Securities Journal reported.

China Raises Futures Margins to Cool Commodity Speculation, Curb Inflation

China’s futures exchanges, where the world’s top four agricultural contracts are traded, are increasing margins as part of a wider government crackdown on commodity speculation and food prices.

"The government purchases have led to a bizarre shortage with about 90 percent of local cotton that meets the standards of deliverable stocks to Zhengzhou exchange ending up in government warehouses."

- Du Ying on Jan 29, 2013

China

Shanghai

Hong Kong

Australia

Dollar Gain Spurs Commodity Plunge as S&P 500 Fluctuates

Yen Extends Drop Past 101 Per Dollar After Bonds Data

U.S. Stocks Fluctuate as Investors Consider Stimulus Pace

Treasury Yields Climb to Five-Week High as Demand Wanes

Foreigners Buying Half of London New Homes Prop Up Building