Review Of Domestic Cotton And Cotton Yarn Market In September 16Th

New cotton

Also enter a large number of picking season, the amount of cotton on the market will continue to rise.

Domestic cotton prices continued to rise slightly, and the State purchasing and storage policy ensured the interests of cotton farmers. However, due to the high cost of acquiring seed cotton, the enthusiasm of cotton processing enterprises for storage was not high.

Affected by the ups and downs of cotton prices last year, cotton farmers no longer blindly sell.

If there is no speculation on peripheral capital, cotton prices will remain relatively stable this year.

In terms of external cotton, the export data of poor cotton exports hit the largest single day decline in ICE cotton for three weeks. Zheng cotton CF1201 had greater resistance on the 60 day moving average, but there was no room for no drop.

Xinjiang

The 21620328 level is Hebei Lu Yu 19764, 19740 of the southeast coast, 19583 of the middle and lower reaches of the Yangtze River, and 19515 of the northwest inland.

2, China cotton price index 19709 (+45), 2 level 21274 (+41), 4 level 18549 (+48), 5 grade 16940 (+51).

3, match 09 contract settlement price 20285 (+22); Zheng cotton 1201 contract settlement price 21420 (+75).

4, the imported cotton price index SM reported 132.03 cents (+0.14), M reported 130.14 cents (+0), and SLM reported 128.72 cents (+0).

5, the US cotton cotton ICE 1112 contract settlement price is 1111.62 cents (-2.05), ICE inventory 26572 (+3410).

domestic

The sale of cotton products is obviously insufficient, and may still be affected by the whole international environment.