US Cotton Continues To Weaken &Nbsp; Zheng Cotton Concussion Falls.

Disk trend: today, Zheng cotton 1209 contract opened 21565 yuan / ton, closing at 21520 yuan / ton, compared with the previous trading day fell 130 yuan / ton, or 0.6%, volume increased to 95 thousand hands, positions increased 9932 hand to 249 thousand and 200 hands.

On the 1 and 23 days, the planned purchase and storage of 100700 tons, the actual turnover of 14970 tons, the transaction ratio of 15%. Among them, the Xinjiang warehouse point plan to close and store 24000 tons, actually clinch a deal of 3000 tons, with a turnover rate of 12.5%, and the inland Treasury plan to store and store 76700 tons, with a turnover of 11970 tons, with a turnover rate of 16%. Deadline 23, 2011 cotton Temporary storage and storage totaled 2623620 tons, and Xinjiang totaled 1532160 tons, with a total turnover of 1091460 tons in the mainland.

2, according to customs statistics, in January 2012, the import volume of cotton cloth in China was 42 million meters, an increase of 35.88% in the ring ratio, a decrease of 28.43% over the same period last year. In the same month, the export volume of cotton cloth in China was 606 million meters, a decrease of 17.22% compared with the same period last year, a decrease of 14.74% over the same period.

On 3 and 23, the price of China's main port of imported cotton fell sharply, and most varieties fell by 2.5 cents. As market demand has not been met, and the market has frequently reported the main cotton producing countries or will be productive, the price of imported cotton has been greatly reduced. Some analysts say cotton prices have fallen sharply or become a good opportunity for textile mills to buy, after all. Spin The factory has already got the quota, once the demand starts, it will limit the downward space of cotton price.

On the spot side: the cotton index 328 is priced at 19623 yuan / ton, up 5 yuan from the previous trading day.

Warehouse Receipt Inventory: 829 registered exchange receipts, an increase of 32 copies compared with the previous trading day, with an effective forecast of 1255 copies. (each corresponds to 40 tons of cotton).

Summary of Views: ICE Stage cotton The market continued to fall because of worries about oversupply and rumors that China was temporarily out of the market. Domestic cotton storage and storage volume increased to about 15 thousand tons, as of 23, 2011 cotton temporary storage and storage totaled 2 million 628 thousand and 300 tons. Exchange warehouse receipts continue to increase, and now arbitrage is suppressed. Spot prices rose slightly, buyers and sellers continued to stalemate, the actual transaction is not active, textile enterprises tight funding constraints the procurement of enterprises. Zheng cotton 1209 contract concussion fell, the price test 60 day line support, the short line presents the reorganization trend. Operation, fall back on the 60 day line light warehouse short.