How Should The Global Economy And Cotton Market Go On?
Under the influence of Zheng cotton, it went out of a 2 Day rally. On Friday, it returned to Europe in the British commodity market and the stock market fell. The main contract in December closed at 64.59 cents / pound Friday, and fell 129 points.
In the later stage, the pressure of further upward pressure is obvious. In small environment, the quantity of China's launch has great impact on the market price, and there is uncertainty.
The impact of Britain's withdrawal from Europe on the global economy and cotton remains to be seen.
Cotton distribution.
Market spot resources have been scarce, and the price is obviously higher than the 300-500 yuan / ton of the cotton coming out. The cotton reserves have been accepted by most of the cotton mills and become the main body of cotton blending. Compared with the spot, the purchase of the cotton reserves needs to consider the time of storehouse, and the resources should be fully considered to prevent the supply disruption from affecting the quality and production.
Round out
Aspect.
Eighth weeks after the launch, the selling price was 12325 yuan / ton, and the sale dropped sharply. The weekly turnover was 105633 tons, the week reduced by 25906 tons, the average price was 12230 yuan / ton, the week rose 145 yuan / ton, the total turnover was 953 thousand and 300 tons, of which 296 thousand and 100 tons of imported cotton, the turnover rate was 98.16%, and the domestic cotton 657 thousand and 200 tons, the turnover rate was 96.94%.
At present, the amount of delivery is the focus of attention of the market. It has a direct impact on futures and spot prices, and has not been able to keep up with the public inspection. It is difficult to put money into the market and has difficulty in releasing the Treasury. It has aroused the attention of the National Development and Reform Commission and has been instructed.
Intermediate storage cotton
Implementation of rectification, market parties are waiting for rectification effect.
On the spot.
Due to the continuous decrease in the volume of delivery,
Transaction price
The stock market is limited, the stock market is limited and the trend is rising.
The "double 29B" in the inland library is reported to be 13700-14000 yuan / ton, "double 28B" 13500-13700 yuan / ton, "double 28C" 12700-13000 yuan / ton, the quality of the real cotton is 10500-12800 yuan / ton, the price of the imported cotton is low, the price is high, the US cotton is 13500-14000 yuan / ton, the Australian cotton is 14500-14800 yuan / ton, the quality of the United States cotton is up to 12800-13500 yuan / ton according to the quality, the Australian cotton is 13800-14300 yuan / ton, and the selling price of the domestic cotton rises with the wheel. The price of the cotton with good quality has generally risen by 100-200 yuan / ton, and the long staple cotton is relatively large because of the large inventory, limited consumption and relatively stable price. Spot prices rose by 100-200 yuan as a whole.
Trading volume continued to decrease, and paction prices continued to rise, so that the participating trade enterprises gained considerable profits, stimulated more participation enthusiasm, more participation in trade enterprises and further pushed up the paction price, so that the cost of cotton mill increased greatly, while the sales price of cotton yarn did not rise synchronously under the extrusion of imported yarn, and the profit of the cotton mill was compressed. This is not conducive to the healthy development of the industry, and it should arouse the attention of relevant industries and government departments.
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Short Term Cotton Prices Or Entering The Bottleneck Period Of Cotton Reserves Into "Fragrant Pastry"
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The Cotton Market Is Driven By The Improvement Of Supply And Demand Fundamentals.
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