Panic In The US Stock Market In May 8Th Triggered Panic &Nbsp; ICE Cotton Fell Sharply On 5 Days Ago.

2010/5/8 16:10:00 58

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In May 6th, investors worried about the further spread of the European debt crisis, so they continued to buy dollars to avoid risks, and at the same time, the US stock market plunged nearly a thousand points. ICE is adversely affected by external environment. cotton Futures are sold by speculators. Cotton price Fell sharply. At present, the European debt crisis may be right. market Unfavorable, but commercial buying at a low level is expected to provide support for cotton prices.

Statistics: the opening price of the contract in July was 82.49 (cents / pound, the same below), the highest price was 82.50, the lowest price was 79.80, the closing price was 79.99, the settlement price was 79.85, fell 223 points, the turnover was 21182 hands, 1788 hands reduced. On the same day, 1030853 bags were registered, an increase of 3893 packages, 42 packages unqualified, and 44263 packages to be tested.

Goods in stock Price In May 6th, the international cotton index (SM) 91.09 increased by 89 points, and the general trade port delivery price was 16466 yuan / ton. exchange rate According to the Bank of China's middle price, the international cotton index (M) 88.60 increased by 86 points, and the general trade port delivery price was 16022 yuan / ton.