Cotton Market Price Trend In August 28, 2012
(1) domestic aspects: Zheng cotton futures Today, the 1301 contract opened at 19335 points, which closed at 19365 points, down 30 points. In addition, today's cotton price index in China is 18456 yuan / ton, up 16 yuan. Commercial cotton electronic matching MA1209 closed 18935 yuan / ton, down 69 yuan, today traded 2340 tons.MA1210 closed 19115 yuan / ton, down 76 yuan, today clinch a deal 3200 tons.
(two) foreign countries: imported cotton price index FC Index M to port price 89.69 cents / pound, up 0.68 cents, 1% under quota tariff port pick up price 14449 yuan / ton, up 108 yuan, sliding price of the port delivery price 15197 yuan / ton, up 86 yuan.
(three) production area express: Anhui Wangjiang new flower has been picked, but the enterprise did not buy, the early typhoons had a certain impact on local cotton, this year's new flower growth is not as good as last year, the enterprise is ready to buy new flowers in mid September. In Jiaxiang, Shandong, enterprises bought a small amount of seed cotton, and the purchase price was 4 yuan / jin (38-39 of lint, 14-16 of moisture). There are a few new flowers picking in Yiyang, Hunan, but no acquisition has been made. Local enterprises have a small amount of lint, and four grade sawtooth cotton offers 18200-18400 yuan / ton (net weight without tickets), and local enterprises purchase new flowers in late September. New flowers in Suqian, Jiangsu are not yet open. Recently, rainy weather has a slight effect on cotton growth. The growth of new flowers this year is almost the same as that of last year. The equipment has been overhauled, and enterprises are ready to acquire new flowers in late September.
(four) Cotton sub Market There are not many resources of cotton by-products on the market, and the external market has dropped. Other products have been more stable except for cotton down. The new year is coming, and the new seed will be on the market.
(five) yarn Market: today, Hebei, Shandong and Henan all cotton yarn: OEC10S mainstream price 17200 OEC12S mainstream price 17700 higher price 18700 OEC16S 19000 mainstream price 19800 higher; Hebei Lu Yu whole cotton yarn: C21S mainstream price 23800 C32S mainstream price 25400 C40S mainstream price 26600 C60S mainstream price 28800 higher price 29800 viscose staple fiber 1.5D*38: Jiangsu Xiangsheng Funing Xinxiang Australia ocean chemical fiber Shandong Hailong Xinjiang Xinjiang ocean Jiangxi Jiangxi Longda.
(six) market review: all cotton yarn prices remain stable in the market, the delivery of the surrounding factories is large, and the bulk trade has not increased. The price of all cotton yarn in a spinning enterprise in Xiajin, Shandong is stable and high. The overall price of the whole cotton yarn of Binzhou large textile enterprises is raised by 200 yuan on Friday. The domestic cotton market is still running smoothly. However, the oversupply will not break the cotton price in the short term, but will inhibit the increase of cotton prices. Cotton enterprises On the sidelines, the future will mainly focus on downstream demand and supply of cotton.
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