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    Domestic Cotton Is Higher And Lower &Nbsp; Shrinkage Is Added.

    2012/3/6 17:19:00 8

    Domestic Cotton Market

    March 6th National cotton In the trading market, the electronic matchmaking of commodity cotton reached 14380 tons, 4580 tons less than the previous day, the order volume increased by 2520 tons, and the total order 108020 tons.


    On the 5 day, the India government issued a ban on cotton exports. The ICE cotton market rose sharply. The main contract price in May was 92.23 cents / pound, up 400 points. The good news also played a role in the domestic electronic disk. After yesterday afternoon, the market opened up, and the contracts were generally open today. closing line Most contracts showed a downward trend, and the average price of each contract fell slightly within the closing time. The MA1203 contract closed at 20250 yuan, down 12 yuan, and the main MA1204 contract closed at 20460 yuan, up 6 yuan; the lowest price in the contract was MA1203 contract price 20250 yuan, the highest price was MA1208 and the opening market price was 21360 yuan; on the same day, the volume of turnover was shrinking, and the order volume continued to increase.


    Among them, the MA1207 contract is still the focus of the market, maintaining a turnover of more than four thousand tons, while the contract in recent months has been closed to less than 100 tons. In the recent months, the MA1208 contract is still flat and less than 1000 tons. Two, the order quantity continues to increase, and the overall performance is still increasing. The 5-7 month contract orders are approaching 700 tons, and the monthly contract price has been slightly reduced. The average price of the three contracts and the MA contracts has gone up and down, the scope of which is still limited. The average contract price of the MA1205 contract has risen 57 yuan to 20736 yuan / ton, the biggest contract for today, and the remaining contract average price rises and falls by 12-53 yuan. Today's matching features are as follows: first, the volume of trading is reduced.


    As of March 5th, the whole country Cotton trade Market operations of cotton 302996 tons, an increase of 7649 tons compared with the previous day, of which 14802 tons of public inspection cotton, 148 tons less than the previous day; declare cotton 16144 tons of public inspection, an increase of 945 tons compared with the previous day. 9895 tons were put into storage on that day, of which Xinjiang cotton was transferred to 437 tons and the output was 1156 tons.

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