The Purchase Price Of Jiangsu Seed Cotton And Suggestions For The Operation Of Cotton In The Near Future

　　 Jiangsu Yancheng's latest cottonseed price in December 16, 2012: December 16, 2012, Jiangsu, Yancheng area oil factory cottonseed price of 0.98 yuan / Jin.

Moisture 13.5% oil 9-10%, cottonseed 0.99 yuan, cotton shell small shell quoted 1300 yuan / ton, shell 1000 yuan / ton delivery price, short linen 4500 yuan / ton.

High quality 5000 yuan / ton.

December 16, 2012 Jiangsu Yancheng oil factory cottonseed purchase price of 0.98 yuan / Jin, water 13.5% oil 9-10%, cottonseed 0.99 yuan.

[cotton operation suggestion]

On the basic level, textile enterprises are more concerned about the lower quota of the 1% quota. Generally, it is expected that by the end of December, traders will pay special attention to the 40% tariff clearance policy. All cotton yarn market is gloomy, knitting yarn price center slightly subsiding, market shipments volume continues to decline, downstream demand is weak, weaving manufacturers shut down a lot, start work is barely maintained. Market spot is still in short supply, prices continue to rise.

Zhou Sizheng cotton fell to a high level, rebounded slightly within the day, the current fundamentals are still conducive to the close of the contract in recent months, the whole Zheng cotton position pattern, the long and short are continuing to leave, the short-term direction of the approximate rate with the early rebound trend of operation. Zheng cotton The overall bottom is still solid, and the material rebounded again today, but the upper space is also limited. Today's operation suggests that the target price is 19100, and the CF1305 reference price range is 19000-19300. The target price is 19250.

CF1305 fell back on Thursday, and CF1305 closed more than 6.7 million hands. CF1305 closed at 19180 yuan / ton, up 45 yuan / ton, reduced 8928 hand; in December 13th, China's imported cotton (FC Index M) 86.12 cents / pound, up 0.23 cents / pound, 1% yuan tariff reduced price 13831 yuan / ton, sliding price conversion price 14709 yuan / ton.

According to Dow Jones New York December 13th, the US cotton futures fell on Thursday. The US Department of agriculture's data released Thursday showed that although the price of cotton rose, import demand from overseas cotton factories did not stagnate, but demand began to slow down. The settlement price of the ICE in March dropped 0.8% to 74.56 cents per pound.

In December 13th, the cotton trading market in the national cotton trading market reached 10940 tons, an increase of 740 tons over the previous transaction, an order reduction of 700 tons and a total purchase of 32840 tons. On the 13 day, the contracts were opened up, with a narrow range within the day.

Macro matters

The Commerce Department announced on Thursday that the US business inventories increased by 0.4% to $1 trillion and 619 billion in October after seasonally adjusted. The data are in line with expectations given by economists surveyed by Dow Jones newswires. After seasonally adjusted, sales fell 0.4% to $1 trillion and 258 billion in October.

The standard Pool Co on Thursday lowered the outlook for the UK debt rating from a stable to a negative one, on the grounds that it is worried about the rising debt level and the recovery of the economy. Standard & Poor's also confirmed Britain's AAA rating. The agency said in a statement that the negative rating outlook reflects the probability that the UK's rating will be down 33% in the next two years.

Cantor, the majority leader of the house of Representatives and Republican Party, said on Thursday that the session of the Congress would continue until the end of the Christmas season because of the long delay in negotiations to avoid the financial crisis at the end of the year. Cantor said publicly in the house of representatives that since the financial cliff negotiations are still under way, lawmakers have been told that it is possible to have a meeting next weekend, so the final time for next week's vote is uncertain.

The number of Americans seeking unemployment benefits fell last week, but this index usually fluctuates sharply near the end of the year. On Thursday, the Labor Department announced that the number of initial jobless claims decreased by 29 thousand to 343 thousand in December 8th as seasonally adjusted. Economists surveyed by Dow Jones newswires estimated that the number of people who applied for unemployment benefits for the first time in the week was 367 thousand.

The OECD released a report on Thursday that the overall economic growth of G20 countries accelerated in the third quarter, but there was a significant difference in the economic performance of single member countries, with many countries slowing down or even shrinking. The total G20 GDP increased by 0.6% in the quarter and increased by 0.5% in the second quarter. However, the economic growth of the United States, Britain and France, as well as Brazil and China has accelerated, but the growth rate of Germany and South Africa has declined, and the Japanese economy has shrunk.

Cotton: New York reported on December 13th that the US cotton futures gained high on Thursday. According to the data released by the US Department of agriculture on Thursday, despite the rise in cotton prices, import demand from overseas cotton factories has not stagnated, but demand has begun to slow down. "China's macroeconomic data provide support for cotton prices, especially cotton demand," Commerzbank said in a report. According to the data released by the US Department of agriculture on Thursday, the United States sold 48% of its total sales to China in the week December 6th, despite the shortage of new import quotas.

Zheng cotton main contract 1305 yesterday after a small open high after the shock rose, closing 19180 yuan / ton, compared with the previous trading day rose 30 yuan, trading volume compared with the previous trading day reduced by 9190 million hands, the position of the trading day compared with the previous trading day to reduce 8928 hands.

Spot market, China's cotton price index yesterday, 328, 1902 yuan / ton, up 5 yuan; 527 level 16714 yuan / ton, unchanged from the previous trading day; 229 level 19865 yuan / ton, up 2 yuan. domestic Spin Product: polyester staple fiber 10850 yuan / ton, unchanged from the previous trading day; viscose staple fiber 13600 yuan / ton, down 30 yuan; C32S price 25695 yuan / ton; JC40S price 30775 yuan / ton.

The US cotton futures rose sharply in the ICE. The US Department of agriculture's data released on Thursday showed that although the price of cotton rose, import demand from overseas cotton factories did not stagnate, but demand began to slow down. Technically speaking, the United States cotton low after the concussion, low, will all the previous trading day to eat up, and finally a middle line, it closed on the 5 day moving average, average and MACD indicators show upward, but the red column slightly shortened, indicating that the possibility of short-term upward shock is large, but does not exclude the possibility of going down here.