Cotton Price Quotation In Cotton Futures Market In March 18Th

< p > < strong > [MEIKO < a href= > http://www.91se91.com/news/index_s.asp > > futures > /a > the risk of cotton 90 above the US cotton is higher than that before the war.

< p > the risk of occurrence of cotton on the top of the U. S. cotton is higher than that before Zheng cotton, and the high pressure < /p > 90.

< p > overnight overnight, the ICE cotton stage fluctuated around 90.8 cents after opening, and then the cotton price rose again under the drive of buying and shorting.

It is reported that China will issue quotas for processing trade to bring more impetus to the market.

At present, the market continues to maintain a long atmosphere, and the expectation that China will continue to purchase in the international market will keep cotton prices strong.

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< p > international market. The price of China's main port of imported cotton rose sharply on the 15 day. Among them, the US cotton, India cotton and Central Asian cotton rose by more than 2 cents, and West African cotton rose 1.75 cents.

In addition, the Australian cotton quotation has been cut by 0.25 cents, which is related to the upcoming new cotton market in Australia and the supply pressure is expected to ease.

At present, the bullish mood is on the rise. The weekly report of the US cotton export shows that the downstream demand is still very active, especially the high quality cotton.

Although there is no shortage of speculators in the market at present, the lack of high-grade cotton and the expected reduction in the planting area of the US cotton are strong support for the market.

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< p > domestic market, domestic cotton spot price is still relatively stable, although downstream a href= "http://www.91se91.com/" target= "_blank" > textile < /a > product market slightly warmer, but overall is still in a weak state.

At present, the biggest factor affecting the domestic cotton price operation is policy. Recently, the consumption of 700 thousand tons of processing trade quota has been widely boosted in the international market. The cotton price has been running vigorously, and the domestic cotton market has been running down.

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< p > spot quotation, US C/A cotton 104.10 (cents / pound), port delivery price 17067 yuan / ton (calculated by sliding tax), Australia cotton 106.85, port delivery price 17496 yuan / ton; West Africa cotton 98.85, port delivery price 16331 yuan / ton; India cotton 98, port delivery price 16226 yuan / ton.

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< p > market analysis, favorable policies to promote the rise of international cotton prices, NYBOT May cotton contract price has reached the 90 line target position mentioned at the end of December, and then the high risk also began to appear, 100 cents near the high pressure insurmountable.

Zheng cotton staggered again before the war high 20530, pay attention to whether or not to stand firm.

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< p > operation, pay more attention to the upper limit pressure 20530.

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< p > < strong > [one German futures] US cotton upgrades, zhengmian upset the previous high point < /strong > < /p >

< p > cotton and cotton upgrades. Zheng cotton is in distress. The highest point is < /p >.

< p > on Friday, CF1309 opened higher, and CF1309 closed more than 23.4 million hands.

CF1309 closed at 20370 yuan / ton, up 65 yuan / ton, increased 3844 positions; in March 15th, China's imported cotton (FC Index M) 98.90 cents / pound, up 1.90 cents / pound, 1% yuan tariff reduced price 15832 yuan / ton, sliding price conversion price 16389 yuan / ton.

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< p > according to New York's March 15th news, cotton futures rose sharply on Friday, hitting nearly one year's high level. Due to fund buying and short back repair, the market is expected that China will continue to purchase the world's largest cotton market despite rising prices.

The most active May cotton contract for Intercontinental Exchange (ICE) was 1.64 cents or 1.8%, or 92.50 cents a pound.

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< p > March 15th cotton trading in the national cotton market was 11020 tons, an increase of 660 tons compared with the previous trading day.

The order volume decreased by 500 tons compared with the previous trading day, and the total order was 16860 tons.

On the 15 day, the contracts for commodity cotton trading were all opened up, and the concussion rose and the average price continued to rise.

On the basic level, the stock market is coming to an end, and the market is hard to grasp the future trend of losing the reserve price.

From the current operating rate of textile enterprises, the proportion of enterprises maintaining a relatively advanced state accounted for 60%, and the compression capacity ratio accounted for less than 10%.

On the whole, the short term market is limited due to the lack of circulating resources.

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"P" > on Friday, Zheng cotton went higher and lower. In the evening, the United States and cotton re collected Changyang, which has increased by more than 20% compared with the beginning of the year. The tight fundamentals of the US cotton market have brought a lot of imagination to the market, and the reduction of cotton prices between the inside and outside has accelerated. Although Zheng cotton has followed the rising trend, but considering the high cotton price and the policy guidance of the high cotton, it is difficult to break through before 20500. It is prudent to wait and see. The daily trading is the main and the CF1309 reference price range is 20300-20600.

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< p > < strong > [Hongyuan futures] the possibility of Zheng cotton's rising is less than /strong > /p >

< p > key points < /p >

< p > 1. Price Bulletin: domestic lint: 129 level 21008 yuan / ton; 229 class 20137 yuan / ton; 328 level 19310 yuan / ton; 428 grade 18705 yuan / ton.

Domestic textiles: polyester staple fiber 10770 yuan / ton; viscose staple fiber 15010 yuan / ton; C32S price 25950 yuan / ton.

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< p > 2. domestic spot: the spot price of domestic cotton keeps stable, and the price is no market. With the closing of the storage at the end of March, some enterprises are still acquiring, and the enterprises are stepping up the acquisition to rush to store before the end of the storage.

In spring sowing, cotton farmers all over the country have begun to prepare for spring sowing, and it is expected that spring sowing will start in late March.

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< p > 2. imported cotton: the price of China's main port of imported cotton rose sharply, most varieties rose 1.25 cents, India cotton rose 1.3 cents, and Brazil cotton rose 2.25 cents.

Judging from the market situation, although the excessive cotton prices keep the textile factories outside the gate, cotton traders have revealed that if the textile mills get the quasi tax quotas, the cotton price level is much cheaper than that of the national cotton.

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< p > 3. cotton reserves were put in: in March 15th, the amount of cotton put in was 70152.837 tons, and the actual turnover was 18845.9405 tons, with a turnover ratio of 26.86%, which was 2.08% higher than that of the previous trading day, and the 328 level paction price was 19203 yuan / ton (public weight).

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< p > 4. statistics: according to the customs statistics of China, in 2013, 1-2 months, China imported 836 thousand and 200 tons of cotton, a decrease of 106 thousand tons compared with that of the previous year, a decrease of 11.25%.

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< p > 5.ICE cotton: the 15 day ICE cotton market has closed up except for 1312 month contracts. The latest contract May settlement price is 92.50 cents / pound, up 164 points, and December contract 88.51 cents, down 3 points.

The recent rise in contracts is mainly due to the market's support for China's speculation about cotton import quotas and commercial buying.

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< p > summary: < /p >

< p > ICE cotton growth is mainly stimulated by the decline of China's policy and the intention of US cotton planting area. The current China's cotton market is a policy dominated market. The warehouse receipt issue is the focus of the futures market.

Despite the limited role of the US cotton in the pmission of Zheng cotton, it is necessary to pay special attention to the promotion of the Zheng cotton atmosphere when it rises sharply. It is expected that the possibility of the rising of the Zhengxian cotton line is very large in recent days. We should pay close attention to the "a href=" http://www.91se91.com/news/index_c.asp "Zheng cotton < /a".

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