Cotton Price Quotation In Cotton Futures Market In March 5Th

< p > < strong > [one German futures] Mian Mian innovation Gao < a href= "http://www.91se91.com/news/index_c.asp" > ZHENG Mian < /a > follow up up < /strong > /p >

< p > on Monday, CF1309 intraday rapid pull up, CF1309 closed more than 19.5 million hands, a substantial increase in positions.

CF1309 closed at 20090 yuan / ton, up 230 yuan / ton, increased 14764 positions; in March 4th, China's imported cotton (FC Index M) 94.32 cents / pound, up 0 cents / pound, 1% yuan tariff reduced price 15105 yuan / ton, sliding price conversion price 15828 yuan / ton.

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< p > according to New York's March 4th news, ICE cotton futures rose fifth consecutive trading days on Monday, reaching a nine month high, as the market expected Friday's US government to predict a good cotton price, and China's demand for the world's largest cotton consumer continues to grow.

Prices are expected to rise slightly in the next few weeks.

ICE's most active May cotton contract rose 0.86 cents, or 1%, and the settlement price was 86.26 cents per pound.

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< p > March 4th cotton trade in the national cotton market was 10140 tons, 80 tons less than the previous day.

The order quantity will be reduced by 20 tons and the total order will be 15780 tons.

On the 4 day, the contracts for commodity cotton trading were low, and the average price continued to fall.

Basically, the domestic spot cotton prices in recent years are relatively stable, and the market focus is still concentrated on the purchase and storage of cotton and the delivery of cotton reserves.

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"P" on Monday, Zheng cotton rose in the middle of the market, but the US cotton market has been developing rapidly in recent years. However, the fundamentals of the United States are different from that of China. It is difficult for China's weak fundamentals to maintain more than 20 thousand of the price. The difference between the inside and outside cotton prices will be narrowed gradually, which is conducive to the operation of textile enterprises, indirectly stimulating the demand for cotton, and the interest period price will still fall down in the short term. It may be difficult for the unilateral market to rise. It is recommended to wait and see, wait for the return, and make more cotton in the vicinity of 19800.

Today's operation recommends, wait and see, CF1309 reference price range is 19900-20300.

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< p > < strong > [MEIKO futures] purchase and storage price is expected to increase, Zheng cotton breakthrough up < /strong > /p >

< p > overnight overnight. On the 1 day, ICE cotton kept rising. In May, the contract intraday fluctuated in the operating range of the previous trading day, and the short price of the replacement disk pushed cotton prices further higher.

At present, the basic aspects of the US cotton are more strained. USDA is constantly holding stocks at the end of the US cotton market and the market generally believes that the decline of the US cotton planting area will support the market.

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< p > international market. On the 4 day, the price of China's main port of imported cotton rose slightly, and the prices of varieties were generally raised by 0.25 cents, while India cotton rose 0.1 cents.

With the rise of the quotations for cotton, a href= "http://www.91se91.com/" target= "_blank" > textile "/a" has recently cooled its enthusiasm for foreign cotton.

At present, the argument of throwing storage and matching quasi tax quotas has not been confirmed, and the full customs quotation is too high, so the sale of foreign cotton is in a calm state.

The market parties are highly concerned about the trend of this month's policy, and the ongoing "two sessions" may also become the weathervane of the next stage of cotton prices.

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< p > domestic market. On the 4 day, domestic cotton spot prices remain stable. With the closing date of storage and storage approaching, the latter policy will still dominate cotton prices. At present, government regulation is based on stability as the main theme of the market, so cotton prices will remain stable.

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< p > spot quotation, 4 days, C/A cotton 99.35 (cents / pound), port delivery price 16375 yuan / ton (calculated by sliding tax), Australia cotton 104.10, port delivery price 17060 yuan / ton; West Africa cotton 95.10, port delivery price 15858 yuan / ton; India cotton 92.5, port delivery price 15552 yuan / ton.

CNCotton A 20132 yuan / ton, up 2 yuan; CNCotton B 19305 yuan, up 4 yuan.

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< p > market analysis, according to the cotton grain price ratio, it is expected to raise the price of cotton purchase and storage in the new year.

The target line is 90 in the US cotton stage. After the triangle formation is formed, Zheng cotton day K line is chosen to break upward and the final plate is above 20 thousand.

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< p > operation, prior to holding more attention to integer platform support.

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< p > < strong > [Wanda futures] speculative buying support ICE phase cotton continued to rise < /strong > /p >

China's cotton prices strengthened on Monday. P cotton continued to rise in support of speculative buying. The main contract reached a maximum of 86.75 cents per pound in May, closing 0.86 cents to 86.26 cents / pound, hitting a new high since the end of April 2012, and the fund is still a staunch force to boost cotton prices.

At present, the progress of US cotton exports is good, and the high grain and cotton price ratio has led to a decline in the planting area of the US cotton in 2013. Therefore, the fund continues to watch ICE cotton prices.

If China maintains the policy of purchasing and storage in 2013, it is expected that the ICE cotton will be closed to Zheng cotton in the future, and the May contract is expected to challenge the 90 cent / pound integer pressure level.

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< p > ICE cotton on Monday, Zhongyang closed. The main contract in May was far from 84 cents / lb and short term average support. The average system maintained a good long rise. The KD and MACD indicators adhered to form a multi head rising arrangement, MACD index red column growth, the rising trend will continue, March contract is expected to challenge 90 cents / pound strong pressure level.

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< p > although the market rumors that the Chinese government plans to sell a total of 4 million 500 thousand tons of reserves in the current year, but on Monday, Zheng cotton once again broke through the 20000 yuan / ton integer mark under speculative buying support.

On Monday, the ratio of dumping and storage was only 28.09%. Most of the enterprises were still waiting for quotas to purchase imported cotton. < a href= "http://www.91se91.com/news/index_s.asp" > imported cotton < /a > became the main consumer of textile enterprises, and the spot cotton price was fettered at 19000 yuan / ton, which could not provide positive impetus for Zheng cotton, and could not catch up with rising prices. If 1309 contracts were reduced by 20000 yuan / ton, the total number could be increased, and the short-term target was 19700 yuan / ton.

On 20200 yuan / ton, 1401 contracts can be increased in batches.

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