The Steady Trend Is Changing And The Cotton Market Is Still Hard To Rise.

At present, the national grain reserves have reached the peak of history, not only the government's financial pressure is huge, but also seriously affected the continuous healthy operation of the whole grain industry chain.

How to effectively stock up has become a problem before the government. Corn problem is the most prominent.

Against this background,

Can we curb the trend of decreasing area and usher in the "second spring"?

Over the past few years, China has continued to collect and store the proceeds to protect farmers' income, increasing demand at that time, and once supporting the market. However, the amount of stock in the State Treasury has become the main supply pressure after the cancellation of the purchase and storage policy. After 2014 years of the national reserve policy was abolished, the market quickly fell to the target price.

At this stage, the cotton market is still in the weak position, and the national reserve remains unclear for a day, and the cotton market is still hard to rise.

On the one hand, because of the reduction of cotton planting area year by year, the supply of new year has been declining year by year, the stock has been opened, the pressure has obviously reduced, the market has picked up the breathing machine, and on the other hand, the supply is sufficient due to the continuous storage and storage of stocks, and is highly not threatened by the threat of national storage.

Recently, Zheng cotton main contract continued downward 1605, the average system also diverged.

Textile consumption in the lower reaches is sluggish, and it is expected that the latter will continue to decline.

Under the constraints of the poor economic environment, the domestic demand market downturn, the fierce competition in the export market, the import of yarn and cloth to occupy the domestic share and the substitution of chemical fiber, China's textile industry is facing a serious situation, and cotton consumption has obviously shrunk.

Looking at the historical market, we can find that before 2008

The market as a whole is stable, basically running in the range of 10000-15000 yuan / ton, and the amazing performance of the cotton market is in the period of 2008-2014.

For 2008-2010 years, it was once brilliant and straight up to the skies, and in 2011-2015 years, it was all over.

There are fundamental reasons behind the ups and downs of the market.

In the 2008-2010 year of the bull market, the big bull market was a combination of the right time, the right place and the three.

In terms of performance in 2015, planting area in the new year

Reduce the support market, but the demand for terminal is still in the doldrums, and the threat of national cotton storage threatens to move down the channel of the 1500 yuan / ton width of Zheng cotton, with a high point of 13640 yuan / ton and a low point of 11705 yuan / ton.

2015, the turnover of cotton and the decline of both positions in the year of the cotton market are not enough.

The reduction of planting area was supported by exports, while the performance of the US cotton under the pressure of no throwing and storage was slightly better than that of Zheng cotton. At the beginning of the year, it rose from the cost of 58 cents per cent to the highest point, and then dropped at 68 cents. At the end of the year, it was 63 points.