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Zheng Cotton Volume Rises, Restores The Value Preservation Area.

2011/12/19 11:50:00 18

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Zheng Cotton Volume And Value Preservation Zone

1, after the implementation of the new sliding tax policy, imported cotton in 2012

cost

The overall price is higher than that of 2011, and when the price of cotton is between 80-82 cents / pound, the price difference reaches the highest level of 500 yuan / ton.

When the quoted price of cotton is below 50 cents / pound and higher than 100 cents / pound, the cost of imported cotton is equivalent to that of the old and old slip tax.

When the quotations are 51-57 cents / pound, the price difference is negative, which is beneficial to the import of foreign cotton, but the possibility of cotton prices falling to this interval is very small this year.

2, the recent decline in cotton prices has also stimulated some demand. If cotton prices continue to fall to 86 cents, cotton demand will further increase.

But from the present point of view, in recent weeks, cotton exports have been mainly attributed to China, while other countries have made very few purchases of US cotton. The main reason is that the US cotton price is lacking in strength. Under the attack of many other varieties, the United States cotton may once again become the last line of defense for the supply of cotton.

In addition, textile mills are currently buying and sustaining, and the inventory can be maintained until the first quarter of next year.

3, unless cotton prices rise to more than 100 cents, otherwise cotton planting next year.

The measure of area

There will be a sharp reduction.

It is estimated that the global cotton planting area will be reduced by 10% in 2012, 10% in the southeastern part of the United States, 7% in the central and southern regions, and 300 thousand in the western region.

It is expected that the US cotton bottom will stabilize, and the downtrend may stop with the top 80 cents. Zheng cotton will continue to shake up and adjust slightly. The industry customers need to do a good job in their own insurance package.

Storage

Revitalize funds, Zheng cotton prices continue to pay attention to CF1201 contract 20500 and CF1205 20700 near the hedge area.