Analysis Of Spot Market In Cotton Market

The sale of cotton reserves was 3901 tons in real terms, a decrease of 7899 tons compared with last week, a decrease of 67%, of which 32 million 680 thousand tons of domestic cotton were sold and 633 tons of imported cotton were sold. As of July 31st, the cumulative turnover of cotton reserves totaled 39 thousand and 300 tons, of which 33 thousand and 468 tons of domestic cotton were traded and 5 thousand and 833 tons of imported cotton were traded. According to this progress, the total volume of transactions is difficult to reach 100 thousand tons before the end of August 31st. It is also possible that the market resources will be reduced in mid and late August 31st, and the turnover will increase. However, it will be very difficult to exceed 200 thousand tons.

Most of the varieties were concentrated in 2011. cotton The main factor of the transaction is still low price, the main customers are the warehouse, the local cotton mill and the small sale area traders. Jiangsu, Zhejiang, Fujian and other sales areas still do not have resources in 2011. Last week, the regiment sold 3330 tons, which was 1205 tons less than the previous week, and the rate of reduction was 26.6%. The purchase companies mainly concentrated in Shandong, Henan and Jiangsu.

From the quantitative point of view, the 3901 difference between turnover and turnover is not large, which reflects that the purchase of cotton mill is more rational, and the low price is the main factor of choice, not the best quality or the lowest price. Faced with abundant optional resources and tight funds, it is natural and inevitable for the cotton mill to insist on buying and selling with the purchase and controlling lower storage. In the spot market, cotton traders are active in shipping, with high level due to less resources, active transactions and strong prices.

The middle and lower levels are rich in resources. compete Fierce, the quotation is relatively chaotic. 2129 Xinjiang cotton maintains 14000-14100 gross / gross weight and 3128 quotes 13500-13800 yuan / ton (moisture regain, impurity and strong difference) gross weight, light pollution cotton 13000-13500 yuan / ton, short length, high C1 ratio quoted 12600-13100 yuan / ton, real estate Shandong, Hebei, Jiangsu big package 3128A/B quoted price 13000-13400 yuan / ton, Hunan, Hubei, Anhui, Jiangxi 3128 are 12800-13200 yuan / ton, because the quality of the Corps is different, the price difference is bigger, but from the actual transaction situation, the price is more popular, the transaction scope is 12600-13500 yuan / ton (public weight), the land machine draws 12700-13000 yuan / ton (gross weight).

Port clearance Imported cotton Sales slack, the overall price center shifted downward 100-200 yuan / ton, the United States cotton SM 1-1/8 at 15100-15300 yuan / ton, M 1-1/8 at 15000-15200 yuan / ton, Australia cotton, SM 1-5/32 1-5/32 quoted price is generally 16000-16500 yuan / ton. India offers 13500-13700 yuan / ton. West Africa 3128 is 13600-13800 yuan / ton. In terms of long staple cotton, sales are light. Most of the 137 level quotations are originally priced at 27200-27500 yuan / ton. The price of imported Pima cotton 21-2-48 is 28000-29000, and the actual volume of bargaining is larger according to quantity.