Zheng Cotton Fell Slightly &Nbsp; Tested The 30 Thousand Support.

Disk trend: today, Zheng cotton 1109 contract opened 30180 yuan / ton, closing at 30590 yuan / ton, compared with the previous trading day fell 390 yuan / ton, or 1.26%;

Message side:

1, data released by the General Administration of Customs on Thursday showed that China's cotton imports in January were 390720 tons, an increase of 31% over the same period last year, down 15% from the 461700 tons imported in December.

In 2010, China imported 2 million 800 thousand tons of cotton, an increase of 86% over the same period last year.

2, Uzbek has processed 660 thousand tons of lint, of which 625 thousand tons have been pported to the pfer station.

At present, the daily processing volume of seed cotton has decreased from 4500 tons in the middle to 3500 tons.

About 405 thousand tons of cotton have been shipped for export and 84 thousand tons for domestic textile mills.

There is no new deal for cotton exports lately.

3 and 24, the price of China's main port of imported cotton continued to drop by nearly 4 cents, while the price of the discount port was about 36000 yuan / ton. The price at the highest price dropped by about 3000 yuan, and some domestic traders' foreign cotton spot quotes were 33000-34000 yuan / ton, and the difference between the real cotton price and the real estate price was narrowed.

Warehouse Receipt Inventory: 342 registered exchange receipts, an increase of 8 copies compared with the previous trading day, with an effective forecast of 433 copies.

(each corresponds to 40 tons of cotton).

Main production area weather: the next three days, the eastern part of Northwest China, North China, Huang Huai, Jianghan, Jianghuai, Jiangnan, southwest and other places will have small to moderate rain (snow) process.

There are heavy snow in parts of central Inner Mongolia, Northeastern Shaanxi, central and Northern Shanxi and northwest Hebei. There are heavy snowfalls locally, and heavy rain in parts of central and southern Henan, southern Shandong, northern Anhui and parts of northern Jiangsu.

Summary: the USDA report shows that some agricultural products (000061) have a large area of planting, causing a large number of selling in the cotton market, and the United States cotton continues to fall.

The central bank once again raised the deposit reserve ratio and tightened policy to suppress market confidence.

Domestic spot prices fell slightly, and now the price upside down continues to widen.