The Sale Of Cotton Reserves Is Coming To An End. The Heat Of Bidding Has Risen Sharply.

< p > throwing and storing situation: 22 days less than a href= "http://www.91se91.com/news/index_c.asp" > cotton reserves < /a > quantity was 274800.7209 tons, actually traded 83923.3909 tons, the paction proportion was 30.54%, increased 20.7% compared with the previous trading day; the weighted paction price was 18630 yuan / ton, which was 192 yuan / ton lower than the previous trading day; the turnover price of 328 yuan was 19175 yuan / ton, which was 133 yuan / ton higher than that of the previous trading day.

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< p > spot market: on the 22 day, spot trading price fell slightly.

Textile mills continue to purchase mainly national cotton stores. The spot market sells more electronic warehouse futures, and the 328 level price is 20300 yuan / ton, and there are individual pactions.

The growth of cotton in the mainland is at a good ending and the temperature of rain water is suitable.

Xinjiang's overall growth is not as good as it used to be. Since May this year, low temperature and rainy weather have begun to slow down.

On the 22 day, China's < a href= "http://www.91se91.com/news/index_cj.asp > cotton price index < /a > 328 was 19246, fell 10 yuan; 527 level was 16907, fell 8 yuan.

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< p > warehouse receipt Daily: in July 22nd, the number of warehouse receipts for Zheng cotton futures increased slightly, of which the number of warehouse receipts was 202, unchanged from the previous trading day. The number of effective forecasts was 34, an increase of 3 copies compared with the previous day.

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< p > main position: in July 22nd, Zheng cotton main positions were reduced slightly, of which the top 20 main players dropped 157 to 437256 hands, and the first 20 shorts reduced 156 to 36862 hands, and the net reduced to 394 hands.

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< p > operation strategy: overnight ICE period cotton lack of direction guidelines showed a pattern of sideways finishing. Last week, the growth of new cotton flowers slightly improved; in the domestic market, due to the close of the selling of cotton reserves, the hot auction increased significantly, and the proportion of daily sales rose sharply. At the same time, the paction price rose significantly. Yesterday, Zheng cotton main contract maintained a concussion pattern. The main position was much reduced, and the capital continued to flow. It is expected that short-term Zheng cotton will have strong demand in the short term. It is suggested that the market should be held more frequently in the early stage. However, the current poor liquidity limit is < a href= "http://cailiao.sjfzxm.com/" > ZHENG cotton < /a > amplitude, and it is not recommended to continue to catch up with P.

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