The Cotton Policy Has Brought About Tremendous Changes.

As the market price fell, the base price of this week was 14533 yuan / ton, down 95 yuan.

Last Friday (August 5th), the national cotton price B index was 14838 yuan / ton, compared with the CF1609 contract of Zheng cotton futures, the premium was 218 yuan / ton.

On the spot.

Futures fell sharply, traders lost confidence in the turn, on the one hand waiting to wait and see, on the other hand, stepped up the sale of stock reserves cotton, resulting in throwing and storing volume and price down, the main market in the spot market is the two sale of reserve cotton, selling prices basically refer to the last day throwing and selling price.

Long staple cotton has been dragged down by fine cotton, and the price has dropped slightly. 137 of the mainland is 22300-22600 yuan / ton.

In terms of rotation.

The sale price was 14628 yuan / ton in the fourteenth week, and 62641 tons in the week. Due to the strong mood of the day, traders fell in, the turnover rate dropped to 57%, the weekly average price was 13860 yuan / ton, the weekly price dropped 941 yuan / ton, and the total turnover was 1 million 710 thousand tons. According to the plan of 2 million tons, the average daily 30 thousand tons could also be put into the 10 trading day until August 19th. It is to reduce the daily delivery quantity to the end of August or increase at the end of August.

The parties in the market are paying close attention. It is estimated that relevant government departments are paying close attention to the reaction of the market so as to make more consistent decisions.

Futures.

The tight supply in the international market, the strong US market and the continued downward pressure on speculative capital will be opposed by the stock traders of the earlier rally.

Short term dare not fight, good luck, and last Thursday, relying on the 40 day moving average rebounded on Thursday, the contract CF1609 last Friday closed 14620 yuan / ton, the week rose 375 yuan / ton, turnover 156812 hands, reduce 112058 hands, reduce 41.7%, hold 44524 positions, reduce 8296 hands, reduce 15.7%, close to delivery, capital withdrawal, turnover, position double drop.

The main contract CF1701 closed at 15155 yuan / ton last Friday, the week rose 610 yuan / ton, traded 4813472 hands, reduced 441410 hands, reduced 8.4%, holds 475256 hands, increased 22466 hands, the increase 0.4%.

As of August 5th closing, the top 20 seats, more than 176473 single hand, 19795 more than the previous week, 190864 hands empty, 9201 more than the previous week, 14391 hands empty, 10594 hands less than the previous week, 2 weeks reduced.

In the holding warehouse, the purchase price is 0, the selling price is 8343, and the weekly increase is 150.

As of August 5th, there were 854 registered warehouse receipts, 71 weekly reductions, 922 effective forecasts and 14 weekly increases.

New cotton is coming soon. Cotton price is stable at a certain level. It is very important to purchase new cotton, stabilize cotton farmers' income, lighten the burden of the state, and ensure the healthy development of the textile industry.

Us disk: in

Tight supply, China's inventory is faster than expected, the new cotton production decline under the support of the basic, to break through the previous box up, the main contract in December closed on Friday 76.55 cents / pound, the week rose 249 points, entered the first half of 2014 platform area, the late stage along the platform of the greater volatility.