US Cotton Main Contract Rises, Zheng Cotton Goes Higher And Lower.

< p > the deadline for us to reach the debt limit will be postponed until March 2015.

On Saturday, us time, Obama signed a bill extending the debt ceiling to the end of March 2015, which meant that the United States was temporarily free from the risk of default, and the market ruled out a major uncertainty.

Because this is a clean ceiling bill without strings attached, it means that the Democratic Party led by Obama has won the first advantage in this year's congressional election.

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In the past four years, the amount of new RMB loans in P > January has reached a new high, and the scale of social financing has reached a new high.

In January this year, the Chinese community raised 2 trillion and 580 billion yuan, a record high in a single month.

In January, RMB loans increased by 1 trillion and 320 billion yuan, the highest level in nearly four years.

At the January 17th meeting, the Central Bank of China clearly pointed out that loans grew faster since January.

Financial institutions should rationally arrange the rhythm of loan delivery and prevent excessive expansion of assets.

The bank financial research center believes that the credit surge in January was due to the relatively abundant credit schemes at the beginning of the year, and that the first quarter was more conducive to improving business profits. The credit supply power was stronger in January. On the other hand, the credit constraints were tighter at the end of 2013, and some loans were also extended to January 2014.

These factors are conducive to more loans in January.

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< p > railway freight price is raised by 1.5 points per ton kilometer.

The economic reference Daily reported that the national development and Reform Commission issued a notice on adjusting railway freight rates recently. It decided to adjust railway freight rates since February 15th and adjust the freight rates of freight lines on the whole road with unified freight rates. The average freight rate of goods increased by 1.5 points per ton kilometer, and the price of railway freight was changed from government pricing to government guidance price.

China Railway Corporation data show that in 2012, the volume of national railway freight pport was 32 million tons, and the national railway freight turnover was 2 trillion and 690 billion tons.

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< p > A share volume rose nearly 1%, < a href= "http://www.91se91.com/news/index_c.asp" > gem < /a > means a new closing high.

On Monday (February 17th), A shares opened higher and the volume could be significantly enlarged.

The Shanghai composite index opened directly on the 60 day moving average, closing up nearly 1%, hitting the half line in the session, and the gem index continued to rise by nearly 3% after breaking through the 5 day line, closing to a record high.

Industry sector rose, more than 80 non ST stocks trading.

At the close, the Shanghai Composite Index rose 0.92% to close at 2135.42 points, while the SME board index rose 1.54%, and the GEM board rose 2.83%, closing a new high.

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"P >" the market closed most of the rise, the Shanghai silver set a new 3 month high.

On Monday (February 17th), the commodity futures market as a whole was strong, with a drop of more or less, while gold in the outer market surged through 1300 US dollars, and domestic precious metals took the lead. Shanghai and Shanghai reached a 3 month high in a number of contracts.

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< p > 290 thousand tons of cotton imported in January.

According to China Customs statistics, in January 2014, China imported 292 thousand and 500 tons of cotton, a decrease of 316 thousand and 100 tons, a decrease of 51.94%, a decrease of 165 thousand tons, a decrease of 36.07%, and a total of 1 million 416 thousand and 400 tons of cotton imported from -2014 in January September 2013, a decrease of 22.51% tons compared with the same period last year.

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< p > cotton growing area is expected to decline by 10.7% this year.

China Cotton release report on cotton planting intentions in 2014: intention to plant cotton less than 10%.

In 2014, the intention of cotton planting in the whole country showed a decreasing trend. The cotton planting area was predicted to be reduced by 10.7%. The planting area of 73 million 460 thousand mu in 2013 was reduced by 7 million 838 thousand mu to 65 million 622 thousand mu.

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< p > purchase of textile enterprises is not positive, India cotton prices fall.

Textile enterprises Procurement negative, on the 14 day, India S-6 cotton price fell, reported 42800-42900 rupees /candy, about 88.25 cents / pound, down 25 points compared with the previous day; J-34 cotton prices rose to 91.75 cents / pound, 35 points.

On the same day, the amount of seed cotton purchased in India was 32300 tons of lint cotton.

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< p > the price of the lint in the territory is up. There is a psychological difference between buyers and sellers.

By the middle of February, most cotton ginning plants in Akesu, Bachu, Korla and other places in South Xinjiang were not much left, and the purchase cost generally increased by 100-200 yuan / ton.

Akesu area "2128" "3128" mixed grade cotton wool weight quoted price 19200-19500 yuan / ton, individual manufacturers wholesale "2128" quoted price 20200-20500 yuan / ton (gross weight, pick up), but operators, cotton enterprises generally difficult to accept.

Farmers in Akesu, Kashi and other places began to irrigate and cultivate arable land. They are expected to sow in late March, and grow to peak before and after mid April.

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< p > Zhangjiagang < a href= "http://www.91se91.com/news/index_c.asp" > cotton > /a > inventory increase.

As of February 16th, bonded cotton stocks in Zhangjiagang bonded area and logistics park were 43153 tons, up 5731 tons from the previous week.

By the week February 16th, 4048 tons of cotton entered the area and 1400 tons were exported.

When Zhou Uzbek was the largest stockpile, it was about 15983 tons, followed by about 12403 tons in India, and 6565 tons in the United States cotton, 1215 tons in Pakistan cotton and 1099 tons in Greek cotton.

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< p > poor downstream operation, port pressure increased.

At the end of the week, the overall operation of the downstream was not good enough, and the manufacturers were not optimistic about the market outlook. The recovery of the whole cotton yarn market was slow, and the market had not yet been launched. There was no paction in the market. The cotton mill started to work differently, and the factory resumed production. But the operating rate was low, and the small plant started less. This week the market is expected to return to normal.

Since the beginning of February, the yarn arrivals of Huangpu, Foshan, Shanghai, Zhangjiagang, Qingdao and other ports in Guangdong have increased significantly. Some foreign investors believe that the number of bonded foreign yarn in China's ports is about 4.5-5 million by the end of January, and the pressure on bonded warehouses will increase as the demand for domestic cotton yarn has not recovered significantly since February.

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< p > throwing and storing 500 thousand tons.

On the 17 day, it planned to throw 35123 tons of storage, which was 12704 tons, with a ratio of 36.17%.

The average price of the old GB is 3.73, the average length is 28.27, the average price is 18040 yuan / ton, and the 328 price is 18389 yuan / ton.

The highest paction price was 19130 yuan / ton on that day, and the lowest paction price was 16640 yuan / ton.

The total volume of dumping and storage was 505 thousand tons.

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< p > ZHENG cotton increases its warehouse height.

On the 17 day, Zheng cotton went up and down and hit the high point at the beginning of the market. After that, it fell back and down all day in the 20 thousand pass, and continued to lighten the warehouse. At the end of the day, it lowered the warehouse and plunged into the solid line, but it was still above the moving average. The 409 trend was the same as 405, but a few minutes later increased the stock back; 411 was suppressed by the 60 day line, and was supported by the 5 day line, which was closed to the small Yin line; 501 was supported by the 5 day line, and the bottom of the Japanese line was slightly lifted, and the bottom of the Japanese line was slightly lifted, and the platform height in January 22nd had resistance.

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< p > 1405 closed at 20005, down 60 points, 1409 closed at 18800, fell 15 points, 1411 contracts 17070, down 10 points.

1501 took 16825, down 25 points.

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< p > < a href= "http://www.91se91.com/news/index_c.asp" > ZHENG Mian < /a > total turnover 27240 hands, reduce 14902 hands, hold 168 thousand hands, increase 486 hands.

As of February 17th, Zheng cotton produced 151 warehouse receipts, a decrease of 4, and warehouse receipts forecast 39.

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< p > dumping and storage totaled 500 thousand tons, and the purchase and storage started today. The total volume of public inspection is 6 million 920 thousand tons, indicating that this year's output exceeds expectations.

The data released by the Customs show that 290 thousand tons of imported cotton in January were the lowest in recent years, indicating that the downstream consumer downturn and the open supply of storage and storage kept the mentality stable and improved the bargaining power of textile enterprises.

After the holiday, textile enterprises have demand for replenishment, but they also face difficulties in recruiting workers.

In the short term, importing cotton and throwing cotton can guarantee the use of cotton in spinning mills.

It will be more likely to increase reserves after March.

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< p > the stock market is in a doldrums. The price gap between the futures price and the reserve price is too large.

This year is the last year to take in storage, not to exclude the increase in warehouse receipts in April. For the far month contract, the withdrawal of stock and withdrawal means that the global market will increase by 500-600 tons of supply, and the impact of foreign cotton will also be affected. At present, the price of the United States cotton far month plus base is 1%, the tariff price is 13000, the sliding price is less than 15000, and the price difference between inside and outside is still high.

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