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    China'S Cotton Market Matchmaker October 15Th Rise

    2010/10/16 15:57:00 43

    Cotton Trading Market Rises

    In October 15th, the e-commerce matchmaking trade in China cotton trading market increased, the order volume reduced by 3180 tons, and the cumulative order quantity was 124200 tons.


    October 15th, the national cotton

    Trading market

    The electronic matchmaking trade of commodity cotton reached 57200 tons, an increase of 7200 tons compared with the previous trading day, a reduction of 3180 tons of orders, and a total purchase order of 124200 tons.


    On the 14 day of the ICE cotton contract, the first four contracts closed at the daily limit, and the December contract reached the highest point in December. The contract closed at 114.87 cents / pound, up 400 points, and the March contract closed at 110.97 cents / pound, up 400 points. The majority of the contracts were opened on the same day, and the market continued to rise. The average contract price of the contracts continued to rise. The main MA1103 contract closed at 25015 yuan, up 675 yuan. On the same day, the volume continued to increase and the order quantity decreased. The lowest price was 24500 yuan for the MA1103 contract, 24500 yuan for the MA1103 contract, and the highest price for the contract was 26510 yuan.


    Today's matching has the following characteristics: first, the volume of trading has increased slightly on the same day. The focus of the market paction is still in the far month contract, led by the MA1103 contract, and the turnover is more than 20000 tons, and the contract turnover in recent months is still light; two

    Order quantity

    The number of orders for each contract has been reduced, and the 4000 yuan contract has been increased by more than 4000 tons, which is the main force to reduce the warehouse today. The average contract price of three months and MA continues to rise, or up to 406-564 yuan, of which the average price of MA1010 contract is 26252 yuan.


    As of October 14th, cotton business in the national cotton trading market was 13298 tons, an increase of 372 tons compared with the previous day, of which 1792 tons of public inspection cotton, 160 tons less than the previous day, and 287 tons of cotton for public inspection, an increase of 200 tons compared with the previous day.

    The storage capacity was 883 tons and 508 tons.


    Related information: in October 15th, China's cotton price index rose 254 yuan, to 24177 yuan / ton, and between October 15th banks.

    foreign exchange market

    The middle price of the US dollar to the RMB exchange rate is: 1 US dollars to RMB 6.6497 yuan.

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