25, ICE Futures Briefly Increased Slightly.
In March 25th, under the guidance of a lack of new directions, speculators were much more on the market than before, with a sharp reduction in volume and only a slight increase in May contracts. In addition, the other commodity markets temporarily get rid of macroeconomic control and appear to be mixed up.
The industry believes that the trend of commodity market will gradually integrate with the fundamentals, and the US cotton export weekly released this evening will affect the trend of cotton futures.
Statistics: the opening price of the contract in May was 44.50 (cents / pound, the same below), the highest price was 44.79, the lowest price was 43.82, the settlement price was 44.58, up 27 points, on the same day, the registered stock was 223867 packages, an increase of 1243 packages, 0 packages to be tested, 6833 turnover hands.
Spot price: in March 25th, the international cotton index (SM) 57.39, down 42 points, folded the general trade port delivery price 12157 yuan / ton (calculated according to the sliding tax, the exchange rate was calculated according to the Bank of China's middle price), the international cotton index (M) 55.41, fell 29 points, folded the general trade port delivery price 12009 yuan / ton.
Editor in chief: Xu Qiyun
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