The Downward Trend Is Unchanged &Nbsp; Zheng Cotton's Single Continued Operation.

Today, Zheng cotton quickly checked down in early trading, and steadily rebounded after falling 19900. The fall process increased considerably. At the end of noon, Zheng cotton 1205 contract closed at 20080 yuan / ton, down 25 yuan / ton, or 0.12%, trading volume of about 56 thousand hands, adding 4816 hands. As of 11:30, ICE3 cotton rose to 0.99% at 0.9155 US dollars.

Spot market, November 24th, national cotton FLOWER In the trading market, the electronic matchmaking trade of commodity cotton reached 17100 tons, an increase of 1640 tons compared with the previous day, and the order quantity reduced by 3640 tons, and the total order 49660 tons. In recent months, the MA1112 contract closed at 18970 yuan, up 37 yuan, and MA1205 contract closed at 19710 yuan, or 82 yuan. In November 25, 2011, China's cotton price index (CC Index328 level) was 19087 yuan / ton, down 16 yuan / ton compared with yesterday, CC Index527 level was 16575 yuan / ton, fell 26 yuan / ton; CC Index229 level was 20396 yuan / ton, down 26 yuan / ton. In November 24th, China imported cotton (FC Index M) 106.56 cents / pound, down 0.22 cents / pound, 1% tariff reduction. Price 17286 yuan / ton, the conversion price is 17761 yuan / ton.

ICE American cotton yesterday thanks for Thanksgiving. Closed market 。

In the domestic market, seed cotton prices remained stable today, and the slight reduction in individual areas was mainly due to the decline in quality of late seed cotton and the continued fall in cottonseed prices. Due to the fact that no one is interested in the spot, the transaction is still free from the market. At present, the focus of the factory is transferred to seed cotton processing. Most of the 200 type small package enterprises basically withdraw from the market, because the first is that the state stores policy keeps them out, and the two is because of the recession of the textile mills. The quotation is lower than that of the state.

In early trading today, Zheng cotton has increased its volume to increase its position. In the early morning, it fell to its lowest level in the early days. It was quickly rebounded by the support of the chassis. It was still at a high level. The downward trend in cotton prices has not changed. In the near future, it will continue to maintain empty ideas. Today it operates and recommends that investors should continue to hold the CF1205 continuously. The reference price range of CF1205 is 19950-20150.