Cotton Price Quotation In Cotton Futures Market In February 25, 2013

< p > < strong > [one German futures] empty space game failed. < a href= "http://www.91se91.com/news/index_c.asp" > ZHENG Mian < /a > will eventually return to value < /strong > /p >

< p > CF1309 high volatility on Friday, CF1309 closed more than 15.1 hands, and its position increased slightly.

CF1309 closed at 19895 yuan / ton, up 55 yuan / ton, increased 4232 positions; in February 22nd, China's imported cotton (FC Index M) 91.49 cents / pound, fell 0.59 cents / pound, 1% yuan tariff reduced price 14644 yuan / ton, sliding price conversion price 15488 yuan / ton.

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< p > according to the news of New York in February 22nd, the price of cotton fell from a slight rise on Friday. This week, it recorded a third week decline, because the strong US export data failed to cover the callback pressure after hitting the nine month high earlier this week.

ICE's most active May cotton contract fell 0.09 cents, or 0.1%, at 83.14 cents a pound.

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< p > in February 22nd, the cotton trade in the national cotton trading market reached 11560 tons, a slight increase of 40 tons compared with the previous trading day.

MA1302 has entered into delivery, ordering 890 tons, and accumulative orders of 15660 tons.

On the 22 day, the opening of commodity cotton trading contracts varied widely.

On the basic level, the price of all cotton yarn has been maintained, and the demand has been increasing slowly. Only the yarn price of high count yarn is maintained, and the sales of imported yarn is still good. The domestic combed yarn is not oversupplied. The current production is 32. 40 wide width plain weave is the most, and the flow spinning is not smooth.

According to the latest global cotton production and consumption forecast balance sheet released by Cotlook (Caunt Luke) in February, the global cotton production is decreasing and consumption is increasing.

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< p > on Friday, Zheng cotton was at a high concussion. At present, the gap between the two sides was unsuccessful, and repeated shocks, but the overall downward trend remained. The short term remained empty. Only after fully adjusted the latter rising market is expected to develop healthfully. The new deal of throwing cotton storage is becoming more and more intense, and the market is afraid to ferment again, and the single target of 19300-19500 remains unchanged.

Today's operation suggests that the CF1309 reference price range is 19600-19900.

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< p > < strong > [MEIKO futures] under the strong pressure of the US cotton stage, the Zhengzheng cotton drop test support is < /strong > < /p >.

< p > overnight, on the 22 day, the US cotton export data released by USDA showed that although China basically did not purchase last week, the demand of other countries was strong, and the volume of freight traffic showed an upward trend.

However, the good news has little effect on the market, and the trend of ICE cotton is weak. In May, the contract fell slightly, and the paction also tended to be calm.

At present, the market has broken the rising pattern, and the trend of consolidation will be the main trend in the future.

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"P" international market, 22 days, the price of China's main port of imported cotton fell sharply, most varieties fell 1.25 cents, while Brazil cotton and India cotton fell 0.75 cents respectively.

At present, the spot market has basically maintained the status quo, and the pressure of the macroeconomic environment on cotton prices has been enhanced.

However, the market's expectation of the decline in US cotton planting area is expected to ease the downward pressure on cotton prices.

After the Lantern Festival, there will be more a href= "http://www.91se91.com/" target= "_blank" > textile > /a > factory starts, and the market volume will be enlarged.

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< p > domestic market, domestic cotton spot prices remain stable.

At present, the unknown factors such as planting area and structure, production and sale, supply and demand are the dominant factors of cotton price trend in the new year. The factors such as the high domestic stock and the huge price difference between inside and outside cotton may only be an important factor limiting the increase of cotton price. However, with the coming season of 3,4 textile sales and the demand for or increase in cotton production area and production in the new year, cotton prices should rebound.

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"P > spot quotes, 22 days, the United States C/A cotton quotation is 98.60 (cents / pound), port delivery price 16251 yuan / ton (calculated by sliding tax); Australia cotton 101.85, port delivery price 16655 yuan / ton; West Africa cotton 92.85, port delivery price 15570 yuan / ton; India cotton 90.35, port delivery price 15287 yuan / ton.

CNCotton A 20122 yuan / ton, up 1 yuan; B index 19291 yuan.

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< p > market analysis, most of the textile enterprises mainly purchase cotton and auction cotton, and the spot price of lint is stable. The overall market turnover is light. After that, it is necessary to determine the consumption ability through the industry order, and give more basic guidelines for the disk.

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< p > operation, empty single holding, down to see the strength of the 19550 support.

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< p > < strong > [Hongyuan futures] cotton is waiting for the opportunity to meet high and light warehouse space < /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.

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< p > 2. domestic spot: domestic cotton spot price has risen slightly.

Recently, the international cotton price has gone up slightly, and the domestic cotton price difference has been further narrowed. The imported cotton from the textile factory with full tariff is not very cost-effective, and after a year, the business fund is slightly ample, which makes the domestic textile enterprises participate in bidding for the national cotton store.

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< p > 2. imported cotton: in February 22nd, the price of China's main port of imported cotton fell sharply, and most varieties fell 1.25 cents, while Brazil cotton and India cotton fell 0.75 cents respectively.

Analysts say that the spot market is basically maintained and the pressure on cotton prices is enhanced by the macroeconomic environment.

However, the market's expectation of the decline in US cotton planting area is expected to ease the downward pressure on cotton prices.

Since more textile mills will start after the Lantern Festival, market volume will be enlarged.

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< p > 3. cotton reserve put into operation: in February 22nd, China cotton reserve management company plans to sell and reserve cotton 80177.37 tons, and the actual turnover is 15418.79 tons, with a turnover rate of 19.23%.

On the same day, the average level of pactions was 3.82, with an average length of 28.1mm, with an average paction price of 18649 yuan / ton, with a turnover of 328 yuan (19090 yuan / ton).

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< 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.

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< p > 5.ICE cotton: 22 days, ICE period cotton rises or falls, the recent 1303 month contract 81.39 cents / pound, up 8 points; the main force 1305 month contract settlement price 83.14 cents / pound, fell 9 points; 1307 month contract closed at 84.01 cents / pound, fell 17 points; other long-term contracts slightly or slightly increased.

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< p > summary: < /p >

< p > the issue of warehouse receipts in the policy market is the core. China's dumping and quota policy is the top priority.

After the rumors, it is a contest of funds and it is difficult to find out the reasons for short-term fluctuations.

On the plate, whether rumor is expected or news, the news that the new cotton has been stored up to a large extent has hit the investor's confidence.

Judging from the market, the market is still dominated by a long majority, but the motive of the high position is obvious. There is no collective motivation to push the price to a higher level.

It is suggested that investors should wait for the opportunity to meet their needs.

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< p > < strong > [Wanda futures] USDA predicts that the area of American cotton planting will decrease, and ICE will rise and fall each other. < /strong > /p >

< p > USDA predicted that in 2013 the US cotton planting area decreased by 19% to 9 million 800 thousand acres, and the output was only 3 million 50 thousand tons, though higher than the 9 million 10 thousand NCC forecast in early February, but the sharp decline in the United States cotton planting area is inevitable.

At the same time, as of the week of February 14th, the US cotton signed 39 thousand tons of cotton this year and shipped 88 thousand tons, which is a support for the market.

On Friday, ICE cotton fell steadily, showing a mixed trend. The main contract in May fell 0.09 cents to 83.14 cents / pound.

Friday CFTC classified holdings data show that although the index fund in March expired part of the index fund closed out, but the traditional fund net more single continued to increase, long position unchanged, in this case, the next ICE cotton is expected to continue to rise.

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< p > on Friday, ICE cotton fell to a higher level. The main contract in May was closed below the short-term average, although the average system maintained a good long range arrangement, but the KD and MACD indicators were formed to form a drop in the gap, MACD index green column growth, and callback pressure did not decrease. Short term ICE cotton will continue 80-84 cents / pound in the horizontal area, such as cotton price breaking 84 cents / pound pressure level, the rising trend will continue, the target to 90 cents / pound line.

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< p > ZHENG cotton, after reaching the support level of 19700 yuan / ton in the 1309 contract, speculative buying support its rebound challenge of 20000 yuan / ton integer pressure level. The warehouse receipts resource shortage is still the theme of speculation and speculation. Under the condition that Zheng cotton price is less than 20400 yuan / degree of storage price and insufficient circulation resources in the current year, the tension problem of warehouse receipt is difficult to solve, and will continue to be the theme of speculative capital speculation.

It is suggested that cotton companies should stay away from this year's contract. The 1401 contract will be stable at 20000 yuan / ton, although it is less than 20400 yuan / ton in the current year, but the next year's < a href= "http://www.91se91.com/news/index_s.asp" > cotton < /a > the policy of purchasing and storage is still variable. Therefore, it is proposed that 20200 yuan / ton will gradually increase its holdings to 1401 empty and medium and long-term holders.

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