Cotton Enterprises Bullish Confidence Has Been Reduced, Funds Need To Be Returned.

　　 domestic market

1. According to statistics of the processing capacity of Xinjiang cotton, as of April 1, 2015, the total processing of 4306663 tons of lint and 4274125 tons of warehouses were processed in Xinjiang area, of which 1687261 tons of lint and 2619402 tons of local enterprises were processed by the Corps.

1, the Xinjiang market Zhengzheng CF1505 contract fell below the 13000 and 12800 juncture, so that Xinjiang cotton enterprises bullish confidence has been reduced, local cotton enterprises to speed up the sale of machine picked cotton. Cotton farmers are still not fully subsidised. This situation or delayed cotton planting.

2, the mainland market is now difficult to sell lint spot sales, and some cotton enterprises in Hebei have cut down the spot sale price of lint to speed up the progress of sales. capital Return to the cage. In 2015, the cotton planting area in Yucheng, Binzhou and other places in Shandong will be lower than that of last year. Most of the local cotton enterprises have a small profit, and some of them have stopped early.

3, cotton sub market 4 1 months, the external spot market stable slightly. Today, cotton by-products steadily decrease. Among them, the average price of cottonseed is stable, which is 1.07 yuan / Jin. The current cottonseed inventory is relatively low, while the downstream buyer's oil refinery is suffering from serious losses, and most of its capacity is down, and most of them are in a semi shutdown state, and the demand for cottonseed is weak. Although the price of cottonseed is steady, the cottonseed market is especially cold and cheerless, due to the unpleasant attack from the upstream and downstream businesses.

　　 futures market

1, Zheng cotton on April 1st, ICE cotton futures rebounded on Tuesday, overnight, Zheng cotton CF1509 contract fell, early in the short pressed to lower the level, and then rebounded in the short back to promote, the afternoon closing price adjustment period, the volume of intra day trading volume increased, holdings increased. Market situation: ICE cotton futures rebounded sharply on Tuesday.

2, spot listing transactions 4 month 1, the national cotton trading market spot trading transactions 13100 tons, an increase of 2880 tons compared with the previous trading day. The order volume is reduced by 510 tons today, and the total order is 17530 tons. Today's spot trading contracts vary widely, and the average price declines following the intraday shock.

Related news

In 1 and March 2015, with the increase in the number of enterprises starting after the Spring Festival and the improvement of the national steady growth policy to the market expectations, the purchasing managers index (PMI) of China's manufacturing industry was 50.1%, a slight 0.2 percentage point rise from last month, returning to the top of the critical point.

2, China's safe data show that in February, the total amount of RMB foreign exchange transactions decreased by 25%. In February, the RMB exchange rate in China's foreign exchange market totaled US $861 billion 500 million, compared with us $1 trillion and 160 billion in January.

3, the US dollar rose to a higher level in the first third consecutive days on Wednesday (April 1st), reaching a new high of more than a week. This week, it has appreciated more than 200 points continuously, and continues to deviate from the weak trend of the middle price. Traders pointed out that despite the narrowing of the trading area, the RMB has been warming up because the official PMI has stepped into the expansion section. It has also boosted the strength of the exchange.