Cotton Is Low And High; &Nbsp; &Nbsp; Short Duration Shocks.

Cotton price

The index (FCIndex S) is 179.41 cents / pound, down 5.58 cents / pound, 1% tariff 30215 yuan / ton, down 979 yuan / ton, discount slip quasi tax 30562 yuan / ton, down 969 yuan / ton.

Export textiles

Clothing $186 billion 624 million, an increase of 24.18% over the same period.

According to the statistics of the National Bureau of statistics, the total yarn production in China reached 22 million 376 thousand tons in the first 10 months of 2010, an increase of 15.5% over the same period last year, and the total output of cotton cloth was 31 billion 633 million meters, an increase of 22.3% over the same period last year.

Textile industry exports continue to grow, the demand for cotton may be further stimulated, and then play a supporting role in cotton prices.

But at present, large textile enterprises can maintain two months or so because of sufficient cotton stocks. Therefore, more cautious cotton wait-and-see attitude should be maintained for the rising cotton prices.

Under high price cotton, demand will still be restrained, so as to suppress the domestic cotton price jointly with the regulatory policies of the NDRC.

Cotton price

Concussion was intense, and the whole morning was oscillating upward.

Cotton prices were adjusted after last Wednesday's long line.

In the early stage of determining the bottom of cotton, the rebound has already reached half of it and will continue to shake in the short term.

Operational recommendations continue to be held.