Cotton Daily: Volume Increased &Nbsp; Cotton Rose.

Today's market conditions:

Last night, the external market slowed down. Today's stock market and commodities fall. rebound 。 Cotton market, because the Ministry of Finance announced yesterday the cotton import new sliding tax standard and the organization expects next year the cotton planting area slides down, the market appears the middle amplitude rebound. At the close, Zheng cotton index rose 293 points to 20777, the total turnover increased sharply to 383 thousand, and the total position increased by 6.2 to 281 thousand. The main force rose 1205 points to 300, closing at 20695, and the turnover increased sharply to 323 thousand. The position increased by 5.3 to 214 thousand. Look at the disk. Zheng cotton Looking for a machine to increase the position and capital to enter the market Enthusiastically The rebound can be expected.

Related markets:

Driven by favorable economic data of the United States,

The ICE cotton main force rose 1.17 cents to 86.29 cents last night in March. Today, the M index of imported cotton increased 0.61 cents to 99.64 cents, the sliding price to 16609, and the price difference between cotton and inner cotton to -2458 yuan / ton. The domestic cotton price 328B index rose 2 points to 19067 today. The acquisition of new cotton is coming to an end, and cotton enterprises are mainly in storage. As for storage and storage, as of 15 days, 2011 cotton temporary storage and storage totaled 1 million 575 thousand and 900 tons, accounting for 15.75% of the total cotton consumption expected in the year. Yarn prices, today

The prices of KC32S and JC40S were unchanged at 25500 and 30750 respectively. Market turnover is general. Today, the market rebound is the main factor, with MA1205 rising 120 to 20340, which is 1205 to -355.

Related news:

On the 15 day, Vice Premier Li Keqiang of the State Council emphasized the support of private investment in the fields of railway energy and municipal administration at the National Forum on development and reform.

Guo Shuqing, chairman of the securities and Futures Commission, suggested that the pension fund should invest in the stock market.

In order to meet the needs of institutional investors to participate in the futures market, the CSRC has drawn up the decision on Revising the provisions on the opening of account management of futures market (Draft), and has made public comments to the public before December 31st on the basis of summarizing the implementation experience of the unified account opening system in futures markets. The revised provisions mainly solve the problem of institutional investors' futures market opening.

The Ministry of Finance issued a 15 day report and was examined by the Customs Tariff Commission of the State Council and submitted to the State Council for approval. Since January 1, 2012, China's import and export tariffs will be partially adjusted. We should continue to implement the sliding tax on certain quantities of cotton imported from the tariff quota, and appropriately adjust the formula of sliding tax. The prominent feature is that the higher the import price, the lower the applicable tax rate.

The US Department of agriculture 12.2-12.8 signed a week of US net signing of this year's export of 12655 tons of upland cotton and 39327 tons of shipment (23% less than the previous week, 1% higher than the average of nearly four weeks); net signing this year, 1270 tons of Pima Cotton (50% less than the previous week, 43% more than the average of nearly four weeks), 3697 tons of shipment, and 2291 tons of Upland Cotton under the net signing next year. When Zhou signed the net contract this year, 13721 tons of land cotton and 21500 tons of shipment were shipped this year; the net signing of this year is 499 tons of Pima cotton and 2291 tons of shipment.

Technology watch:

Today, the cotton price index of Zhongyang is on the rise. Long, medium term and short term averages support the price. Judging from the status of the warehouse, the turnover rose sharply, and the position increased sharply. Indicators RSI and KDJ are rapidly turning upward. The main 1205 form is equal to index.

Outlook for future market:

The Ministry of Finance issued a new policy of sliding tax on cotton imports, which shows the high-level attitude towards the current cotton price from a certain aspect. It has a significant effect on restraining the impact of low price cotton on domestic cotton prices, protecting cotton growers, cotton enterprises and stabilizing cotton prices. The reunion of market capital reflects cotton market's sense of smell and reflects the maturity of investors in cotton market. It is very important for the whole cotton industry to correctly consider the access of investment funds in Cotton City, neither can we shout in full, nor can we be positioned as perfect. Judging from the strong rebound trend of cotton market today, although the market reversal can not be asserted, the rebound in the market outlook can be expected, and the 22000 point is expected to be achieved. On the operation, there are many odd buildings on the market.