Analysis Of The Trend Of Today'S Cotton Futures Market
< p > strong > < < a href= > http://www.91se91.com/news/index_s.asp > cotton futures market < /a > performance > /strong > /p >
< p > cotton main contract price concussion fell.
The corn index price opened at 19270 yuan / ton.
Early morning shocks, the morning plate fell shocks hit a low point of 19240 yuan / ton, afternoon concussion fell to reach a low of 19200 yuan / ton, late fall shock, and at 19210 yuan / ton closing.
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< p > < strong > market analysis < /strong > < /p >
< p > zhengmian 05 rose to a high point of 19315 yuan / ton, but finally closed at 19210 yuan / ton.
The positions were reduced by 2 thousand and 700 hands, and 58 thousand hands were traded.
The purchase and storage of cotton will continue to be stable, but the price of imported cotton is low, and the slow recovery of downstream industries will hardly boost the cotton price.
Cotton prices continue to oscillate.
Support 19105 yuan / ton, resistance 19400 yuan / ton.
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< p > < strong > [market concern] < /strong > < /p >
< p > domestic cotton quotations continue to rise, the national cotton price A index (CNCotton A) is 20050/ tons, up 16 yuan over the 26 day, and the national cotton price B index (CNCotton B) is 19219 tons, up 14 yuan compared with 26 days.
The rise in cotton prices has helped to raise yarn prices. The recent market continued to wait and see this week (19-25 December). The average price of the national cotton price A index (CNCotton A), representing the 229 grade cotton prices in the mainland, is 19989 yuan / ton, representing an increase of 74 yuan / ton compared with the previous week. The average price of the national cotton price B index (CNCotton B) representing the 328 cotton price in the mainland is 19163 yuan / ton, up 77 yuan / ton; the average price of 428 cotton is 18530 yuan / ton, rising by 93 yuan / ton; the average price of China cotton purchase price index (CNCotton S) is 18468 yuan / ton, down by 93 yuan / ton.
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< p > Hebei: national savings rumors are becoming more and more intense. Sentiment in the market is becoming more and more intense. As part of the a href= "http://www.91se91.com/" target= "_blank" > textile < /a > the quotas of enterprises are bottoming out, the market calls for policy support is rising.
According to China's cotton net correspondents, Hebei, Cangzhou, Baoding, Hengshui and other cotton areas understand that textile enterprises generally expect more of the national cotton store, while cotton enterprises are more worried than happy.
It is mainly manifested in two aspects: first, the spot sale of real estate cotton is improving gradually in recent years, and the price is rising continuously. The cotton that fails to pay the storage standard has begun to make profits in the market sales, and once the national cotton store is put in, the hard won situation will soon be over.
Two, as of 2012, the state has accumulated more than 4 million 930 thousand tons of storage and storage. With the saturation of the national storage and warehouses, and the state in order to prevent the emergence of "turning cotton", cotton enterprises are worried that the state will stop purchasing and storing, which is a disaster for the cotton enterprises. Most of the cotton processing enterprises in Hebei want to postpone the delivery time of national cotton and reduce the number of inputs.
Out of a lot of speculation about state dumping, the cotton business wait-and-see sentiment gradually revealed in Hebei province.
First of all, at present, the price of seed cotton purchase is stable in the province, and the cotton farmers have a regular sale, and the company receives 5-6 Jin Jin daily.
Enterprises adhere to the fast forward and quick out, enterprise inventory to the lowest position.
At present, cotton enterprises in the province basically do not keep cotton, and all cotton lint that meets the storage standards will be sold as a spot sale.
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< p > India: the supply of new cotton is more than enough, and the export demand of cotton yarn is increasing. The latest forecast of India Cotton Association (CAI) shows that cotton production in India is about 5 million 950 thousand tons in 12/13.
CAI said that although the cotton planting area in India has been reduced by 3% this year, the late season monsoon has been restored to normal, and the new cotton output has been guaranteed. In addition, the domestic cotton consumption in India is less than 5 million tons, so the surplus cotton still has 2 million 550 thousand tons.
It is also reported that the price of cotton yarn in India has risen by 14% in the past two weeks, due to increased seasonal demand at home and abroad.
The price of the 30 yarn rose from 175 rupees / kg to 200 rupees / kg.
According to traders, the recent purchase of traditional cotton yarn buyers in India is very active in China.
Because the demand for cotton < a href= "http://www.91se91.com/" target= "_blank" > clothing > /a > reaches the peak in summer, garment manufacturers need to replenish raw material inventory in advance for at least four months.
India cotton mill expects that the price of cotton yarn will continue to rise in the coming months, and exports to China will continue to grow in India.
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< p > < strong > < < /strong > strong > cotton futures market < /strong > strong > operation suggestion < /strong > /p >
< p > strategy, light warehouse holding more than 05, up and down to 19120 yuan / ton below.
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