Cotton Daily: 8.15 Domestic And Foreign Cotton Market Information Summary

1, Cotlook cotton Outlook Index rose sharply in August 14th.

Far east A (08-09): 79.25 rise 115

2, in August 14th, the ICE cotton market collapsed, fell 67.09 in October, 173 in December, 171 in December, and 173 in March.

3. In August 14th, the national cotton price index was 328, 14125, 9229, 13720, and 3.

4. In August 5th, China's cotton price index was 328, 13588, 12527, 12592, 0229, 13991, and 14.

5, in August 15th, the volume of low opening was set up, and the turnover was 9860 tons. In August, it closed 13420 and fell 62. In September, it closed 13540 down 26, and in October, it fell 13526, 45, and 13600 in November.

6, in August 15th, Zheng cotton futures traded 14722 tons, 809, 13130, 60811, 13595, 130901, 13845, 225903, 14105, or 165..

In 7 and 2008, the cotton planting area in Shihezi reached 1 million 800 thousand mu, more than 1 million 750 thousand mu planted in 07 years, so the number of pickers needed to be recruited also increased over the 08 years, reaching the highest level in the calendar year.

In order to attract more flower workers, the Bureau of labor and social security of the Corps stipulates that the flower guide price is 0.85 yuan / kg, which is 0.1 yuan higher than that in 07 years.

8, global cotton production will be affected by the shortage of rainwater.

In 2030, due to climate change, cotton production in the world is likely to decline by 5-12%. Low water use is the main reason for the possible decline in cotton production.

9, the United States Department of agriculture August cotton outlook report: the US Department of Agriculture released the latest 2008/09 cotton forecast, the world's cotton production is expected to be reduced by 6% compared to 119 million 300 thousand packages in August.

This year's global output is estimated at 112 million 200 thousand packages. The main reason for this year's lower global production is the decrease in planting area. It is the second year with the least planting area in 15 years. This year, the choice of crops is more attractive to farmers.

Global cotton production is expected to fall to its lowest level in 5 years.

10, cotton farmers in Turkey asked the government to subsidize cotton seeds.

According to domestic and foreign cotton prices and costs, cotton seed prices should be subsidized by 50 new Turkey lira [YTL] / kg.

11, USDA US cotton export and sales weekly show: Cotton sold 389900 consecutive packages, cotton exports 222500 bags, compared with last week reduced by 37 percentage points, the United States Pima cotton net sales 9700 packs, Pima cotton export 1600 bags.

12, the new flower of Jize County of Hebei province will be on the market. It is estimated that at the end of August and the early September, the cotton mill can start processing, and the local cotton will grow well and the harvest will be in sight.

When it comes to the new flower market, most people still do not underestimate the listing price, because there are still a couple of ginning plants in the area to maintain the purchase and processing of the old flowers. The quality is very good. The seed cotton purchase price is 3.30-3.40 yuan / Jin, the selling price of leather cotton is about 13000 yuan / ton, and the cottonseed seed is 1.28-1.31 yuan / Jin.

13, the United States reported that Lido postponed the cotton side drop: in August 13th, although the price of most products of domestic oils and fats rebounded, the purchase and sale of cottonseed in China had come to an end. The number of pactions was extremely limited, and most of the regions showed no market price.

On the same day, the sporadic purchase price of cotton seeds in the northern region remained at 1.25 yuan / kg, which was basically the same as 12.