• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    The Market Has Experienced The Pressure Of Liquidation.

    2010/9/27 12:09:00 79

    Market Short Line

      


     

     


      

    New York cotton

    This week textile mills actively bought and locked prices, while the market also saw hedging activities. At the same time, a large number of short options and super strong quotas appeared in Zhengzhou commodity futures exchange, which became a major factor in the market, pushing prices over 100 cents / pound.

    Generally speaking, the speculative / fund uses the advantage of extra revenue to cut down long positions.

    However, the market did not stay on top of 100 cents for a long time, because the market was hit by a liquidation pressure.

    Yesterday, the market saw its biggest decline since July.

    On Wednesday, after a record high, the closing market ended at a low point, which could prove a major trend, which may indicate that the price has become an important (short) top.


    Special attention is paid to cotton futures in China.

    Zhengzhou

    The 11 year contract of the commercial exchange increased 25% in January alone.

    The volume is amazing. It is clear that a large amount of speculative capital has entered the market.

    The squeeze is short, but the reversal of the market seems to be only a matter of time.

    The volume of empty disk is gradually decreasing, and the price is constantly innovating.

    This is the first warning signal for many hair.

    In addition, the Chinese government will intervene to a certain extent and try to curb excessive speculation, which will be a matter of concern in the near future.


    If ICE's cotton market is weak this week, it will be interesting to observe its significant impact on trading activities after the China stock exchange holiday.

    In short, the ICE cotton market has risen 30 cents / pound (or about 40%) between the low point of July and this week's high point.

    In a relatively short period of time, this is a big increase.

    Until this week, the rally has yet to show any meaningful adjustment.

    But now the wind has changed.

    However, it is still to be observed whether the current weak market can be considered as a market amendment.

    There may be more anti trend actions near 90 cents.

    But even such a big increase will not change the broader technology side.

    In addition, the fundamentals of inflation remain unchanged, which should be enough to prevent a total collapse of prices.

    {page_break}


      


     

     


    USA - USA

    Goods in stock

    The trading base is still strong, which is contrary to historical trend and inconsistent with many market information.

    It has a direct contrast with the recent two price breakthroughs of 100 cents / pounds.

    1995/96 in the lunar new year, the cotton market broke through, and the spot market price lags more than 20 cents / pound.

    In the spring of 2008, the same market took place for weeks, and almost no price direction was found.

    The current supply and demand situation requires buyers to pay for the base, which is no different from the cotton trade price below 40 cents / pound.

    The seller's market applies to all potential sellers, whether they are cotton producers or manufacturers.

    Cotton merchants must pay to replenish their recent stock.

    In the next few weeks, due to the emergence of new offer, the base forecast is slightly loose.


    Yarn prices - cotton prices have reached record highs, textile prices have raised concerns, and cotton has been news in many newspapers.

    Some media say textile mills are now trying to shift the recent cotton prices to the downstream market.

    In the Far East, cotton consumption is said to be decreasing in many markets, and factories are turning to man-made fibers in varying degrees.

    On the other hand, the main cotton consuming countries in China are more concerned about their cotton production and quality than their yarn / cotton price ratio.

    Textile mills are waiting for better procurement opportunities, hoping that the cotton market will adjust in the coming weeks.

    Only when the price of yarn and the downstream market have time to adjust can we predict whether the fundamentals support the cotton market.


    India - the latest news shows that output is bigger than expected (probably more than 35 million India pack).

    However, it is too early to tell how much the output is due to the recent rainfall in the northern part of the country.

    Meanwhile, there are reports that the precipitation in Gujarat and Maharashtra is higher this year.

    India will convene another meeting on Monday (9.27) to decide the cotton export plan.

    Although the price of cotton fell during the ICE period, the price of India did not really weaken.


    China - this week the Chinese Stock Exchange became a hype market again. The Zhengzhou mercantile exchange increased its volume and price in May of 11, rising to 1450 yuan / ton in just two trading days.

    At the same time, CNCE's most active 11 year January contract rose to 1617 yuan / ton.

    On Saturday, CNCE opened and National Day holidays began on Wednesday. After the National Day holiday, the two exchanges resumed trading on Monday.


    The 10 day November contract and the 11 year January contract's daily trading limit on the CNCE stock exchange rose by 6-9%, and the two contracts were all closed on Tuesday.

    Spot cotton prices continued to rise.

    The price of CNCE's reserve cotton is close to 23000 yuan / ton, or about 10% higher than that of the previous weekend.

    The daily turnover is maintained at about 20000 tons.

    The remaining 80000 tons may be auctioned on four auction days before October holidays.

    In some cotton growing areas, the weather is unstable again, and the output may continue to decrease.

    China Trading Company's demand for foreign cotton is still large, but the offer is less and less.

    Many departments responsible for cotton are expected to discuss the current situation at television conferences and try to find ways and measures to stabilize the market.

    However, it is hard to imagine what measures can be taken at present.

    • Related reading

    Polyester: &Nbsp Again; The Yarn Is Rising All The Way.

    quotations analysis
    |
    2010/9/27 12:06:00
    78

    Market Dynamics Of Shengze Chemical Fiber In September 27Th

    quotations analysis
    |
    2010/9/27 12:04:00
    68

    Last Week'S Raw Materials Market In Changyi

    quotations analysis
    |
    2010/9/27 12:00:00
    50

    China Textile City September 4Th Week: Main Trends Of All Cotton Fabrics

    quotations analysis
    |
    2010/9/27 11:29:00
    56

    Dynamic Report On Polyester Filament Market In Shengze Chemical Fiber Market In September 26Th

    quotations analysis
    |
    2010/9/26 18:49:00
    54
    Read the next article

    ICE Cotton Shortage Is Greater Than Supply During The Shortage Period.

    October 2010 contract opening price of 97.54 cents, intraday shock interval of 101.56 -97.54 cents, the final closing price of 101.30 cents, up 3.53 cents, turnover 23 hands, the last day settlement 97.77 cents, empty volume 210 hands.

    主站蜘蛛池模板: 美女视频内衣脱空一净二净| 久久精品国产一区二区电影| 久久www成人看片| 久久躁狠狠躁夜夜av| 久久99精品九九九久久婷婷| 久久精品国产99精品国产亚洲性色| 中文天堂最新版www在线观看| 91精品国产福利在线观看| 青青草国产免费久久久下载| 达达兔欧美午夜国产亚洲| 熟妇人妻中文字幕无码老熟妇| 日韩欧美一区二区三区| 天天操2018| 国产乱码一区二区三区爽爽爽| 亚洲欧美日韩综合久久久久| 久久久久久九九精品久小说| 91嫩草私人成人亚洲影院| 老子午夜伦费影视在线观看| 欧美亚洲人成网站在线观看刚交 | 日韩激情淫片免费看| 夜来香高清在线观看| 国产一二三视频| 亚洲va国产日韩欧美精品| а√天堂资源地址在线官网| 黄色激情视频在线观看| 欧美高清视频www夜色资源网| 我和室友香蕉第二部分| 女人爽小雪又嫩又紧| 国产三级在线电影| 亚洲va欧美va| 97影院九七理论片男女高清| 精品国产品香蕉在线观看| 日本理论片www视频| 国产精品久久久久久福利| 人妻在线日韩免费视频| 中文在线天堂网www| 超兴奋的朋…中文字幕| 最近2018免费中文字幕视频| 国产精品美女久久久久久久| 人妻熟妇乱又伦精品视频| 丝袜捆绑调教视频免费区|