Cotton Price Quotation In Cotton Futures Market In March 19Th

< p > < strong > [MEIKO < a href= > http://www.91se91.com/news/index_s.asp > futures > /a > both inside and outside the plate are approaching the pressure zone policy.

< p > overnight, on the 18 day, as the market rekindled worries about the European debt crisis, a large amount of funds entered the US dollar to avoid risks.

Affected by this, the commodity market is generally weakening. ICE cotton is going down and down. The May contract has fallen from the high point, but it is still holding 90 cents. There is still a lot of unliquidated contracts in the market. If there is no new good news, the cotton price will be under the pressure of adjustment.

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< p > international market. On the 18 day, the price of China's main port of imported cotton continued to rise 1.75 cents, Egypt's long staple cotton rose 3-4 cents, and the forward shipment of Brazil cotton rose 0.85 cents.

In recent years, there have been numerous factors in the cotton market. The rumours of the issuance of quotas have made the market extremely excited. The enthusiasm for speculation will continue, and cotton prices will continue to rush ahead.

It is worth noting that the price of foreign yarn, which is higher than cotton prices, has shown weakness in the face of sudden drop in demand. Cotton prices will also be adjusted in a timely manner after a round of crazy speculation.

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< p > domestic market. On the 18 day, domestic cotton spot prices continue to remain stable. The end of the month, the temporary purchase and storage paction is coming to an end. From the first three months of 2013, < a href= "http://www.91se91.com/" target= "_blank" > textile < /a > the cotton demand of the enterprises, although the market has improved, it is still not optimistic. Faced with the promotion of funds and other factors, cotton price is still unable to continue to rise.

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"P > spot quotation, US C/A cotton quotation is 105.85 (cents / pound), port delivery price is 17334 yuan / ton (calculated by sliding tax), Uzbekistan cotton 108.60, port delivery price 17762 yuan / ton; West Africa cotton 100.60, port delivery price 16537 yuan / ton; India cotton 99.60, port port delivery price 16411 yuan / ton; CNCotton A 20149 yuan / ton, up 3 yuan; CNCotton B 19324 yuan, up 3 yuan.

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< p > market analysis, NYBOT May cotton contract price has reached the 90 line target position mentioned at the end of December, and then the high risk has begun to appear. The high pressure near 100 cents will be insurmountable.

Along with macroeconomic risk events, commodity panic fell yesterday, and Zheng cotton, which has industrial properties, was also dragged down. However, because of its favorable market policy, its performance was more resilient and closed 20 thousand above, but the former 20530 high pressure was more obvious.

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< p > operation, backed by empty 20530.

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< p > < strong > [one German futures] is ready to adjust Zheng cotton waiting for Mei < /strong > /p >

< p > on Monday, CF1309 quickly dropped after opening low, and CF1309 closed more than 16.8 million hands, and its positions dropped sharply.

CF1309 closed at 20140 yuan / ton, down 305 yuan / ton, reduced 29944 hands; in March 18th, China's imported cotton (FC Index M) 99.91 cents / pound, up 0.99 cents / pound, 1% yuan tariff reduced price 15988 yuan / ton, sliding price conversion price 16504 yuan / ton.

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< p > according to the news of New York in March 18th, cotton futures on Monday lowered to second times in 15 trading days, and the market's concern about the stability of the euro zone weighed on the global stock market and commodity market.

The ICE's most active May cotton contract fell 1.67 cents, or 1.8%, at 90.83 cents a pound.

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< p > in March 18th, the cotton trade in the national cotton trading market was 10260 tons, 760 tons less than the previous trading day.

The order volume decreased by 440 tons compared with the previous trading day, and the total order was 16420 tons.

On the 18 day, the contracts for commodity cotton trading were lower, and the average price of the final products fell down.

Basically, the market supply is still substantially higher than demand. Although there are still price advantages in the outer cotton market, traders are worried about the lack of quota clearance after ordering.

More companies continue to choose wait-and-see attitude and wait for the new policy to be clear.

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"P" > on Monday, Zheng cotton went lower and lower. It was once close to the limit. In the evening, the US cotton fell by more than 2% due to the slump in the commodity market. Zheng cotton took the opportunity to take full advantage of the recent adjustment of the policy. After all the stability, it could launch a new market, and suggested that we should take a careful look at it. Intra day trading is the main and CF1309 reference price range is 20000-20500.

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< p > < strong > [Hongyuan futures] Zheng cotton insists on the idea of "light up warehouse space": < /strong > /p >

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< 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 > 3. cotton imports: in March 18th, the price of China's main port of imported cotton continued to rise by 1.75 cents, while Egypt's long staple cotton rose 3-4 cents, while the forward shipment of Brazil cotton rose 0.85 cents.

In recent years, there are many factors in the cotton market. Recently, the rumors of additional quotas have made the market extremely excited.

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< p > 4. cotton reserve: in March 18th, the China cotton reserve management company plans to sell and store 70175.05 tons of cotton reserves, and the actual turnover is 23830.79 tons. The turnover rate is 33.96%, and the turnover price is 328 yuan, 19217 yuan / ton (public weight).

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< p > 5. 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 > 6.ICE cotton: in March 18th, a large amount of funds entered the US dollar to avoid risks as the market rekindled worries about the European debt crisis.

Affected by this, the commodity market is generally weakening. ICE cotton is going down and down, and the May contract has fallen from the high point, but it still keeps 90 cents.

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< p > summary: < /p >

< p > the market rekindled worries about the European debt crisis, and a large amount of funds entered the US dollar to avoid risks.

Affected by this, the commodity market is generally weaker, and ICE cotton is lower and lower.

The rise of ICE cotton is mainly stimulated by the decrease in the planting area of China's quota and US cotton. The current China's cotton market is a market dominated by policy. The warehouse receipt issue is the focus of the futures market.

Generally speaking, the cotton cotton has a limited driving effect on Zheng cotton.

On the operation, it is suggested that investors should continue to adhere to the idea of "light up warehouse space".

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< p > < strong > [Wanda futures] the European debt crisis spread and cotton fell down < /strong > /p >

In the early morning of March 16th, the euro zone reached an agreement on the salvation of Cyprus, becoming the fourth recipient country after Greece, Ireland and Portugal. The initial expected rescue amount is about 17 billion euros. P

At the same time, the planned 5 billion 800 million euros will be forced by the government of Cyprus to deposit deposits from depositors. This measure may cause panic in other European debt countries, and have a negative impact on the credit rating of relevant governments and banks, and trigger a new round of market panic in the world.

Affected by this, Monday's international commodity market was depressed, and the ICE cotton contract in May fell 1.67 cents to 90.83 cents / pound, although it still stands above 90 cents / pound, but if the fund's popularity is affected by the crisis, cotton prices will still fall further, focusing on 90 U.S. cents / pounds support position.

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< p > ICE on Monday, cotton in mid Yin closed, the main contract in May is still stable over the short-term average and 90 cents / pound, the average system keeps a good long rise, KD and MACD indicators continue to rise in a row, the rising trend does not change.

However, the KD index has formed a short and dead crossing trend in the overbought area. The MACD index has shortened the red column and the callback pressure has increased. It is cautiously bullish, paying attention to the 90 digit / pound integer support position, such as cotton price falling below the support, the price will be callback, otherwise it will continue to rise.

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< p > despite the slow recovery of the US economy, the euro area economy continues to deteriorate, and a href= "http://www.91se91.com/news/index_c.asp" > cotton < /a > consumption is hard to revive.

On the other hand, after the end of China's two sessions, the Chinese government may issue additional quotas for processing trade and issue quotas according to 3:1. The import of cotton and national cotton will impact domestic cotton prices. Without the support of funds, Zheng cotton will maintain its weakness and continue to hold 1309 or 1401 contracts, such as the 1309 contract 20000 yuan / ton supporting the failure to continue to increase its holdings to 19700 yuan / ton line, otherwise, it will rely on the support of the empty list to make a profit and open the warehouse, and continue to increase its holdings after the rebound in cotton prices.

Firmly hold 1401 contracts empty, rebounded to 20200 yuan / ton or more, continue to increase < /p >