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    European Debt Rumoured To Rise Again &Nbsp; US Cotton Closed Down In Recent Months.

    2011/11/18 14:28:00 6

    The ICE cotton market contracted 4 cents in December.

    Decline

    3.86%, at 99.50 cents / pound, the highest price is 103.96 cents / pound, the lowest price is 99.50 cents / pound.

    In the last trading day, ICE cotton limit.

    The international bulk market received three months copper for $7470.25, closing at $7685 on the previous day, while crude oil futures fell 3.77 dollars in December, closing at $98.82 / barrel, while December gold fell 54.1 US dollars to close at 1720.2 US dollars / ounce.


    In November 17, 2011, the state planned to collect and store 66500 tons of cotton in 2011, and the actual turnover was 37670 tons, with a turnover rate of 56.6%.

    Among them, the mainland plans to collect and store 28900 tons, actually clinch a turnover of 9150 tons, with a turnover rate of 31.7%, mainly in Hubei (3810 tons), Hebei (1590 tons), Shandong (1230 tons), Hunan (900 tons), Anhui (720 ton) and other warehouses; Xinjiang Autonomous Region

    plan

    Storage and storage of 37600 tons, the actual turnover of 28520 tons, the turnover rate of 75.9%.

    As of November 17th, cotton temporary storage and storage pactions totaled 585820 tons this year, including 166380 tons in the mainland and 419440 tons in Xinjiang.

    The international cotton index (SM) closed at 117.11 cents / pound, down 160 points.

    cotton

    The index (M) closed at 114.83, down 158; the US C/A SM 1-1/8 "closed at 120.35, fell 75; the US land cotton M 1-1/16" closed at 97.76, down 400 points.

    The 328 index closed at 19196 yuan / ton, the 229 index closed at 20606 yuan / ton, the 527 index closed at 16701 yuan / ton, the price of textile C32S was 26300 yuan / ton, fell 70, JC40S price 31250, fell 50, polyester staple fiber price 10970, fell to 10970, viscose staple fiber price was 10970, fell.

    A Reuters report has led to an increase in the stock market and commodity futures market, and the Dow index has dropped nearly 230 points at most.

    Reuters reported that a eurozone official said there was no plan to rescue Italy through the European financial stability mechanism (EFSF).

    Spanish bond prices fell, and yields on 10 - year treasury bonds climbed to a new high since the birth of euro in 1999.

    Affected by the uncertainty of European debt crisis rumors, the market is worried about the European situation. The ICE cotton market has plummeted sharply. The contract has been down in recent months and is back to the previous shock interval. The December contract sees 101 cents pressure.

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    The Bank Of England Lowered Its Economic Growth Forecast For The Next Two Years

    In November 16, 2011, the Bank of England, the Bank of England, released the latest quarterly report. In view of the latest international and domestic situation, the UK's economic growth forecast in 2011 and 2012 will be reduced to 1%.

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