The Price Of The Lint Spot Market Is Rising Slightly.

Recently, the purchase and sale of the lint spot market is active, and the price of the zhengmian disk has been raised. The price has risen slightly. The main force touches the 40 day moving average, and whether the later observation can effectively break through.

In November 18th, the purchase price of cotton seed in the mainland was around 6.02 yuan / kg, and Xinjiang's 5.38 yuan per kilogram increased slightly compared with the previous week.

13-19 November 2015,

Prices fell slightly, of which the average price of the national cotton price A index (CNCotton A), representing the price of 2129B cotton in the mainland, was 13540 yuan / ton, 10 yuan / ton less than the previous week, and the average price of B index (CNCotton B) of the national cotton price on behalf of the mainland grade 3128B cotton price was 12860 yuan / ton, down 12 yuan / ton.

Price trend of cotton in China since 2012

When Zhou, according to

The purchase and sale data of the monitoring system show that the new cotton harvest in the cotton producing areas in the mainland is more than 90%, which is slightly faster than the same period in previous years. The picking rate in Xinjiang is over 90%, the seed cotton price is low and stable, plus the direct subsidy policy, the cotton farmers are reluctant to sell the mentality to relax, and the enthusiasm for selling is high.

In addition, the quality of newly released flowers has improved in the early stage, and the sales of lint cotton are smooth. Some enterprises in Xinjiang are in short supply of reactive processing products, and the purchasing volume of ginning plants is rising, and the seed cotton market is active in buying and selling.

In November 18th, the purchase price of cotton seed in the mainland was around 6.02 yuan / kg, and Xinjiang's 5.38 yuan per kilogram increased slightly compared with the previous week.

When the week, the textile enterprises were uneven in operation, regional differentiation was obvious, the number of orders varied, overall, the industry did not get out of the predicament, finished product inventory pressure remained, cotton yarn quotation continued to fall slightly.

However, the demand for replenishment of textile enterprises has increased recently, the enthusiasm for purchasing lint has increased, stocks have increased a little earlier than before, and domestic and foreign festivals will increase at the later stage, so we need to pay attention to the change of orders.

In November 18th, the average price of Xinjiang local 3128B lint was 12835 yuan / ton, and the average price of the Corps 3128B class average was 12784 yuan / ton, which was basically the same as that of the previous week. The local average fluctuated slightly. The average price of the 3128B grade spot in the mainland was 12800 yuan / ton, unchanged, with a slight decrease locally.

At present, the stock of yarn outside the port is abundant, and the monthly import volume is still high, which will squeeze the domestic yarn market.

In the near future,

Buying and selling is active, raising the price of zhengmian disk, the price rises slightly, the main force touches the 40 day moving average, and whether the later observation can break through effectively.

In November 18th, the bad weather and the rise of US stocks continued to provide support for the market in the cotton producing areas of the United States. The strong technology graphics also attracted some speculative buying the day before yesterday, and the ICE futures contract closed up for third consecutive trading days in March.

The market expects us cotton exports to decrease last week.