Cotton Prices Are Rising And Falling.

First, domestic cotton prices are rising and falling.

This week, cotton picking is picking up all over the country. But before the new cotton policy has been announced, the factory has a weak desire to buy and sell, and the spot price of national cotton is lower.

At present, seed cotton purchase price is higher than market expectations, futures prices have rebounded.

In September 12th, the average selling price of the standard grade lint in the mainland was 16789 yuan / ton, down 78 yuan / ton compared with last week, or 0.5%, down 2488 yuan / ton, or 12.9%; the average price of Xinjiang standard lint sale was 16787 yuan / ton, down 90 yuan / ton compared with last week, or 0.5%, down by 2725 yuan per ton, or 14%.

Zhengzhou cotton futures contract settlement price of 14700 yuan / ton in November, up 25 yuan / ton compared with last week, or 0.2%, down 5250 yuan / ton compared with last week, or 26.3%.

The national cotton trading market electronic matching pactions in November the average contract price of 14425 yuan / ton, compared with last week rose 84 yuan / ton, or 0.6%, down 5102 yuan / ton, or 26.1%.

This week,

To reduce the output of cotton and cotton, the international cotton traders have taken the opportunity to hype the resources of the US and cotton, and the international cotton prices have risen.

In September 12th, New York cotton futures contract settlement price in October was 70.61 cents / pound, up 4.5 cents / pound compared with last week, or 6.9%.

The international cotton index (M), representing the average CIF price on behalf of the imported cotton China main port, was calculated at 1% tariffs, 12598 yuan per ton of RMB import cost, 285 yuan per ton higher than last week, 2.3%, lower than the domestic market 4191 yuan / ton, and the price difference was 363 yuan / ton smaller than last week; the import cost of RMB was 14180 yuan per ton compared with last week, up 180 yuan / ton last week, up 1.3%, lower than 2609 yuan per ton in the domestic market, and the price difference of 258 yuan / tonnes last week narrowed by last week to a down 258 yuan / ton from last week.

This week, the domestic yarn and cloth market was closed, and yarn prices continued to fall.

In September 12th, 32 cotton combed yarn prices were quoted at 24030 yuan / ton, down 60 yuan / ton, or 0.3%, down 1785 yuan / ton compared with the same period last year, or 6.9%, and the polyester staple price was 8880 yuan / ton, down by 220 yuan / ton, or 2.4%, down by 1290 yuan / ton, or 12.7%.

Four, analysis and Prospect

The export volume of us upland cotton exports is 19 thousand tons, 20% less than the previous week, 17% less than that of the previous four weeks, and mainly shipped to China (3992 tons), Mexico, Turkey, Vietnam and Indonesia.

Recently, USDA released the September monthly report to reduce the output of US cotton by 210 thousand tons.

However, due to the advantage of sporadic newly listed Xinjiang cotton prices, Chinese textile enterprises are more familiar with the new year's Xinjiang cotton, and foreign cotton imports have been suppressed.

International cotton is expected to continue to decline in the short term.

Domestic cotton prices will continue to slide.

This week, according to the data released by the General Administration of customs, the total value of imports and exports in China in August was 2 trillion and 260 billion 457 million yuan, a decrease of 3 percentage points, an increase of 3.9 percentage points compared with the same period last year. The total value of imports was 977 billion 179 million yuan, a decrease of 4.1 percentage points, a decrease of 2.4 percentage points compared with that of the previous year, and the total value of exports was 1 trillion and 283 billion 278 million yuan, a decrease of 2.1 percentage points, an increase of 9.2 percentage points over the same period last year.

On the basic level, according to the national cotton market monitoring system, 2014 cotton growth survey report (August), the total output of new cotton is estimated to be 6 million 806 thousand tons.

At present, the purchase of cotton enterprises has increased slightly, and the purchase price has been varying from 3.4-3.8 yuan to Jin. However, in terms of the current purchase price, cotton farmers are generally reluctant to sell and have less sales.

The rules are still not issued, making many enterprises still waiting to wait and see, and dare not rush into the market.

Domestic cotton prices are expected to continue to decline.