August 23Rd ICE: Manufacturers Selling Cotton Market Prices Continue To Fall
Market analysts pointed out that the continued sell-off from manufacturers is a pressing force on the market.
In addition, after the recent rise in the market, speculators took the opportunity to make profits.
According to sources from China, China has issued quotas to allow some textile companies to import more cotton because of the global
Spin
The low demand for products and high domestic cotton prices have affected the profits of Chinese textile enterprises.
India reported that India's final stock of cotton could drop by nearly 40% to 2 million 800 thousand bales in the current sales year due to the surge in exports.
According to the US Department of agriculture report, based on the report submitted by the exporter on 10-16 August 2012, the annual sale price of 2012/13 cotton sold in China is 82500 standard export package, and China is the largest buyer (39100 bales).
2013/14 annual sales net sales of 11600 packages.
There are 135200 packages of cotton exported to China. The main destination is China (35000 packages).
Pima cotton sells 5400 packages, of which 3500 are sold in China.
2013/14 annual sales net sales of 4300 packages, the buyer is China.
Pima cotton exports 9900 bales, of which exports to China (2200 packages).
The US stock market fell on Thursday.
Some analysts think the stock market should be back.
High Federal Reserve officials have thrown cold water on expectations of the new monetary stimulus to the agency.
In the face of the US economic data, the US Labor Department announced that the number of unemployed Americans in early America was 372 thousand worse than expected.
In the week ending August 18th, the number of people claiming unemployment benefits for the first time was 372 thousand.
According to Bloomberg survey, economists expect an average of 365 thousand.
The number of people in the previous week was 366 thousand.
In other data, HSBC's August China Manufacturing Purchasing Managers Index fell from 49.3 in July to 47.8, a 9 month low, indicating that China's manufacturing sector shrank faster than expected.
August 23rd cotton spot market SLM 1-1/16 "cotton (chroma 41, leaf chip 4, fiber 34) average price 71.89 cents / pound, the highest annual price 72.29 cents in August 21, 2012; the lowest price in August 1, 2012 65.79 cents; 1 3/32" cotton (color 31, leaf cuttings 3, fiber 35) average price 76.70 cents / pound.
In August 23rd, 738 cotton bags were sold in the US spot market, and 30080 bags were sold this year, and 7963 bags were sold in the same period.
In August 22nd, there were 21832 packages of NY certified stock and 0 packages to be certified.
In August 23rd, the United States spot market Pima cotton, 2 (fiber 46) 116 cents / pound, 3 (fiber 44) 98 cents, 3 (fiber) 103 cents, 0 bags, the annual turnover 170 bags.
The US Department of Agriculture announced the global adjustment price (AWP) of 63.14 cents on -8 23 August 17th.
In August 23rd, the Cotlook cotton Outlook Index fell, and the A index fell 30 points to 86.60 cents / pound.
In August 23rd, China's cotton price index CC Index 328 nationwide weighted average price closed at 18413 yuan / ton, up 11 yuan.
CC Index 527 closed at 16087 yuan / ton, up 13 yuan, and CC Index 229 closed at 19442 yuan / ton, up 0 yuan.
In August 23rd, China's cotton import price index (FC Index M) was 89.24 cents, down 0.17 cents.
In August 23rd, Zheng cotton fell back and went up and down.
The opening price of CF1301 is 19650 yuan / ton, the highest price is 19650 yuan / ton, the lowest price is 19500 yuan / ton, closing price is 19590 yuan / ton, 55 yuan / ton, the daily turnover is 120288 hands, the position is reduced, and the daily turnover is 7318 to 270286 hands.
CF1209 closed at 18765 yuan / ton, down 50 yuan / ton; the daily turnover was 2306 hands; the stock position reduced 826 hand to 15492 hands.
In August 23rd, Zhengzhou PTA1301 contract opened at 7440 yuan / ton, closing at 7542 yuan / ton, up 112 yuan / ton compared with the previous trading day, or 1.51%.
Trading volume dropped to about 1 million 769 thousand and 600 hands, and holdings dropped by 74822 to 673 thousand and 200.
In August 23rd, the Dow Jones Industrial Average fell 115.30 points, closing at 13057.46 points, or 0.88%, while the NASDAQ (micro-blog) composite index fell 20.27 points to 3053.40 points, or 0.66%, while the standard & Poor's 500 index fell 11.41 points to 1402.08 points, or 0.81%.
In August 23rd, Nymex crude oil (95.97, -0.30, -0.31%) futures fell 1% to $96.27 a barrel.
Gold (1671.70, -1.10, -0.07%) futures rose 2% to close at $1672.80 an ounce.
Market analysts pointed out that the continued sell-off from manufacturers is a pressing force on the market.
In addition, after the recent rise in the market, speculators took the opportunity to make profits.
From China, China has issued quotas to allow some textile companies to import more.
cotton
Because the global textile demand is low and domestic cotton prices remain high, the profits of Chinese textile enterprises are affected.
India reported that India's final stock of cotton could drop by nearly 40% to 2 million 800 thousand bales in the current sales year due to the surge in exports.
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According to the US Department of agriculture report, based on the report submitted by the exporter on 10-16 August 2012, the annual sale price of 2012/13 cotton sold in China is 82500 standard export package, and China is the largest buyer (39100 bales).
2013/14 annual sales net sales of 11600 packages.
There are 135200 packages of cotton exported to China. The main destination is China (35000 packages).
Pima cotton sells 5400 packages, of which 3500 are sold in China.
2013/14 annual sales net sales of 4300 packages, the buyer is China.
Pima cotton exports 9900 bales, of which exports to China (2200 packages).
The US stock market fell on Thursday.
Some analysts think the stock market should have callback long ago.
Senior Federal Reserve officials have poured cold water on expectations that the agency will launch a new monetary stimulus.
In the face of the US economic data, the US Labor Department announced that the number of unemployed Americans in early America was 372 thousand worse than expected.
In the week ending August 18th, the number of people claiming unemployment benefits for the first time was 372 thousand.
According to Bloomberg survey, economists expect an average of 365 thousand.
The number of people in the previous week was 366 thousand.
In other data, HSBC's August China Manufacturing Purchasing Managers Index fell from 49.3 in July to 47.8, a 9 month low, indicating that China's manufacturing sector shrank faster than expected.
August 23rd cotton spot market SLM 1-1/16 "cotton (chroma 41, leaf chip 4, fiber 34) average price 71.89 cents / pound, the highest annual price 72.29 cents in August 21, 2012; the lowest price in August 1, 2012 65.79 cents; 1 3/32" cotton (color 31, leaf cuttings 3, fiber 35) average price 76.70 cents / pound.
In August 23rd, 738 cotton bags were sold in the US spot market, and 30080 bags were sold this year, and 7963 bags were sold in the same period.
In August 22nd, there were 21832 packages of NY certified stock and 0 packages to be certified.
In August 23rd, the United States spot market Pima cotton, 2 (fiber 46) 116 cents / pound, 3 (fiber 44) 98 cents, 3 (fiber) 103 cents, 0 bags, the annual turnover 170 bags.
The US Department of Agriculture announced the global adjustment price (AWP) of 63.14 cents on -8 23 August 17th.
In August 23rd, the Cotlook cotton Outlook Index fell, and the A index fell 30 points to 86.60 cents / pound.
In August 23rd, China's cotton price index CC Index 328 nationwide weighted average price closed at 18413 yuan / ton, up 11 yuan.
CC Index 527 closed at 16087 yuan / ton, up 13 yuan, and CC Index 229 closed at 19442 yuan / ton, up 0 yuan.
In August 23rd, China's cotton import price index (FC Index M) was 89.24 cents, down 0.17 cents.
In August 23rd, Zheng cotton fell back and went up and down.
The opening price of CF1301 is 19650 yuan / ton, the highest price is 19650 yuan / ton, the lowest price is 19500 yuan / ton, closing price is 19590 yuan / ton, 55 yuan / ton, the daily turnover is 120288 hands, the position is reduced, and the daily turnover is 7318 to 270286 hands.
CF1209 closed at 18765 yuan / ton, down 50 yuan / ton; the daily turnover was 2306 hands; the stock position reduced 826 hand to 15492 hands.
In August 23rd, Zhengzhou PTA1301 contract opened at 7440 yuan / ton, closing at 7542 yuan / ton, up 112 yuan / ton compared with the previous trading day, or 1.51%.
Trading volume dropped to about 1 million 769 thousand and 600 hands, and holdings dropped by 74822 to 673 thousand and 200.
In August 23rd, the Dow Jones Industrial Average fell 115.30 points, closing at 13057.46 points, or 0.88%, while the NASDAQ (micro-blog) composite index fell 20.27 points to 3053.40 points, or 0.66%, while the standard & Poor's 500 index fell 11.41 points to 1402.08 points, or 0.81%.
In August 23rd, Nymex crude oil (95.97, -0.30, -0.31%) futures fell 1% to $96.27 a barrel.
Gold (1671.70, -1.10, -0.07%)
futures
Prices rose 2% to $1672.80 an ounce.
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