In September, The Sale Price Of State Cotton And Cotton Increased By &Nbsp, And It Will Still Run At A High Price.

September is Cotton price The price of yarn has increased the most. exchange rate The fastest 1 months of appreciation. The cotton price, yarn price and the price of chemical fiber and staple fiber rose all over the line in September, with the increase in cotton prices continued to rise. The price rose more than 20%, and the price level mostly reached a new record. The rise and price level were not as good as that of 2003/04. Since the reopening of foreign exchange in June 21, 2010, the rate of increase has accelerated in September, and has risen by more than 1.6% base points over the whole month. Because the price of cotton is too high and the risk is high, many small and medium-sized textile enterprises do not dare to pick up orders, and half stop production enterprises will increase. It is expected that cotton prices will be down in the later stage, but they will still be in the market. High position Function.

1. The basic operation of cotton market in September

1., the national cotton storage price rose nearly 6000 yuan, or 32%, at the end of the month. Delayed by the new cotton market and the replenishment of textile enterprises, the reserve cotton has been doubly favored, and has become the main channel for textile enterprises to obtain resources. The participation of textile enterprises has been very active, leading to a continuous rise in bidding prices. To meet the production demand of textile enterprises, after the completion of the 600 thousand ton plan, the relevant departments of the state added 400 thousand tons of reserves in September 27th. The main characteristics of cotton reserve in September are as follows:

First, the daily volume of transactions has increased. In September, 442 thousand and 500 tons of cotton reserves were put into operation, with an average daily delivery of 20 thousand and 100 tons, an average increase of 5000 tons compared with the 15 thousand tons in August. Since September 27th, the daily turnover has increased to more than 30 thousand tons. According to the daily turnover, all the other daily turnover was completed except for the closed market in September 26th.