Cotton Price Quotation In Cotton Futures Market In February 19Th

< p > < strong > [MEIKO futures] industry runs smoothly. Zheng cotton is close to withdrawing support, < /strong > /p >
P, the overnight market, on February 18th (Monday), on the "presidential day", the US financial market closed for a day and resumed normal trading on February 19th (Tuesday). < /p >
< p > industry news. According to the latest statistics of the General Administration of Customs of China, in January 2013, China's < a href= "http://www.91se91.com/" target= "_blank" > textile < /a > a href= "http://www.91se91.com/" target= "http://www.91se91.com/" > clothing < < > exports amounted to US $24 billion 691 million, an increase of 2.45%, an increase of 10.69% over the same period last year. Among them, exports of textiles (including textile yarns, fabrics and articles) amounted to US $9 billion 181 million, an increase of 19.59% over the same period last year. Exports of garments (including garments and accessories) were US $15 billion 511 million, an increase of 12.05% over the same period last year. < /p >
< p > international market. On the 18 day, the price of China's main port of imported cotton rose generally compared with that before the festival. The West African cotton and Australian cotton rose 1.5 cents, while the United States cotton rose 1 cents, and the varieties decreased slightly. During the festival, China's textile mills are far from the market, even if there are few textile mills to start at the moment, it is expected that market turnover will be difficult for some time to come. Recently, however, many factors have contributed to the market, especially the US cotton planting area. < /p >
< p > domestic market, domestic cotton spot prices remain stable after the holiday. Up to the Spring Festival, a total of 390 thousand tons of cotton had been put into the market, and many of them were Chen cotton. There was a situation where the quality could not meet the requirements of the textile enterprises, and there was a huge price gap between inside and outside cotton. The international competitiveness of the textile products was low, the orders were shrinking, and the industry was under the pressure of survival, which would restrict the rise of cotton prices. < /p >
"P > spot quotation. On the 18 day, the price of C/A cotton in the United States is 98.10 (cents / pound), the port delivery price is 16191 yuan / ton (calculated according to the sliding tax), the Australian cotton quotation is 101.85, the port delivery price is 16655 yuan / ton, the West African cotton 93.35, the port delivery price is 15628 yuan / ton, India cotton 88.35, the port price is 15066 yuan / ton. < /p >
< p > market analysis, the cotton textile industry is expected to start after fifteen, the industry is cold and cold; but the market for new year cotton reduction is expected to be strong, so this stage of the market will show the trend of regional shocks, the upper and lower space are limited. State dumping and holiday stoppage pressure, Zheng cotton inertia down. < /p >
< p > operation, the main contract is backed by 19900, supporting 19550. < /p >
< p > < strong > [one German futures] technical rebound, Zheng cotton direction did not turn back when < /strong > /p >
< p > CF1309 on Monday morning, after the concussion and concussion, CF1309 closed more than 7.4 hands, and its position decreased slightly. CF1309 closed at 19810 yuan / ton, up 60 yuan / ton, reduced 1290 hand; in February 18th, China's imported cotton (FC Index M) 91.58 cents / pound, up 1.06 cents / pound, 1% yuan tariff reduced price 14658 yuan / ton, sliding price conversion price 15503 yuan / ton. < /p >
< p > February 18th, the cotton trading market in the national cotton trading market reached 10540 tons, an increase of 60 tons compared with the previous transaction. Orders increased by 20 tons, totaling 16720 tons. On the 18 day, the opening rate of each contract was different. The price fluctuated greatly in the final part of the contract, and some of the contract prices remained unchanged. On the basic level, spinning mills started to open, production was not resumed, yarn trading was scarce, demand was hard to be stimulated, and spot trading was basically at a standstill. The price of all cotton yarn basically remains unchanged, the price of high count yarn is slightly buoyant, and the supply of low grade cotton exceeds demand. < /p >
On Monday, Zheng cotton was in a high concussion, and there was a technical rebound. In the late stage, it maintained its original decline, but it was mainly caused by bad shocks. The air can be reduced to less than 19700, and all of them could be doubled in the target position. Based on long-term fundamental considerations, there was a strong foundation for cotton prices near 19300. If 19000 fell short, 19000 would be substantially increased. As the economy grew warmer, the long-term demand of cotton market could be expected. From the end of February to March, the investment theme was to buy more cotton, and to embrace the recovery of China, with a target of more than 20000. Today's operation suggests that the empty list will be reduced to less than 19700, and the price of CF1309 will be more than 19600-19900. < /p >
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< p > < strong > [Hongyuan futures] Zheng cotton recently should wait and see < /strong > < /p >.
< p > key points < /p >
< p > 1. Price Bulletin: domestic lint: 129 level 20982 yuan / ton; 229 class 20110 yuan / ton; 328 level 19281 yuan / ton; 428 grade 18667 yuan / ton. Domestic textiles: polyester staple fiber 11380 yuan / ton; viscose staple fiber 14560 yuan / ton; C32S price 25870 yuan / ton. < /p >
< p > 2. domestic stock: after the Spring Festival, cotton inspection increased by 1915 tons before the holiday, and cotton enterprises resumed slowly. It is reported that part of the Yangtze River Basin is affected by rainfall, and the reemployment time is slightly delayed. Downstream, spinning mills have been opened, production has not been restored, yarn trading is scarce, and all cotton yarn prices remain stable. < /p >
< p > 2. imported cotton: in February 18th, the price of China's main port of imported cotton increased generally compared with that before the festival, while the West African cotton and Australian cotton rose 1.5 cents, while the United States cotton rose 1 cents, and the varieties decreased slightly. During the festival, China's textile mills are far from the market, even if there are few textile mills to start at the moment, it is expected that market turnover will be difficult for some time to come. < /p >
< p > 3. cotton reserve put into operation: in February 18th, China cotton reserve management company plans to sell and reserve cotton 80228.94 tons, and the actual turnover is 29458.24 tons, with a turnover rate of 36.72%. On the same day, the average level of transactions was 3.89, with an average length of 28.36mm, with an average transaction price of 19720 yuan / ton, with a turnover of 328 yuan (19246 yuan / ton). < /p >
< p > 4.NCC: according to the latest US cotton planting intention report released by the National Cotton Association (NCC), the US cotton planting area in 2013/14 is expected to be 9 million 15 thousand acres, 26.8% less than this year. Among them, the area of the upland cotton is expected to be 8 million 812 thousand acres, a decrease of 27% compared with the same period last year; the Pima cotton area is expected to be 203 thousand acres, a decrease of 15% over the same period last year. < /p >
< p > 5.ICE cotton: February 18th (Monday) is the US president's Day public holiday, the ICE cotton market is closed for a day, and February 19th (Tuesday) resumed transactions. < /p >
< p > summary: < /p >
< p > a href= "http://www.91se91.com/news/index_c.asp" > Mei cotton < /a > is supported by the demand of China and the reduction of cotton planting area in the new year, and the space below is limited. Zheng cotton is currently in a strong policy market. After the Spring Festival, China's dumping and quota policy is the top priority. From the "dislocation" to "reset", regardless of the rumor or the possibility of being confirmed news, the influence has already been generated. The transformation of the role of Zheng cotton has brought about a sharp fall in the CF1305 and CF1309 contracts. < /p >
"P" [Wanda futures] Mian cotton for president's day off, Zheng cotton to maintain a weak pattern < /p >
After the Spring Festival, the domestic commodity market of the first exchange was generally down, and the overall market sentiment was suppressed. Although Zheng cotton had a relatively strong trend after a sharp fall in the pre holiday period, there was no obvious sign of new funding from P. On the 18 day, the government continued to throw away 19000 yuan / ton, with a turnover of 29458 tons on that day, with an average price of 18813 yuan / ton, and the overall market supply was adequate. Although the new cotton warehouse receipt is still tense, the uncertainty of the second round of dumping and storage after March will suppress the popularity of speculation. If the Bulls fail to find a new bullish reason, the a href= "http://www.91se91.com/news/index_s.asp" and Zheng Mian /a will maintain a weak pattern without the support of funds and popularity. The possibility that the main 1309 contract will challenge the support of 19400 yuan / ton will not be ruled out. It is suggested that investors should open up new battlefields in the 1401 contract, continue to increase 1401 contracts, and hold them in the medium and long term. < /p >