Cotton Futures: There Are More Opportunities For Cross Species And Futures Arbitrage At The Early Stage Of Listing.

Although the imported yarn can not be delivered at the early stage of cotton yarn futures, the listing of cotton yarn futures will enable the upstream and downstream enterprises to optimize the allocation of resources, so as to form a linkage effect between the cotton and cotton yarn industrial chain, and enable many industrial enterprises to solve the problem of raw material inventory and product sales through futures market, and make use of cotton and cotton yarn futures to do "virtual inventory management". At present, the disordered domestic and foreign cotton yarn market is bound to be unified. The future of cotton yarn futures will be affected by product quality standards, price benchmarks, trade patterns and so on.

After new varieties are listed, under normal circumstances

Occasionally, there will be unexpected fluctuations in the two years, and most participants are not familiar with the industry. The spot market track needs to be run in. Investors can decide their participation according to their own risk preferences.

The analysis of cotton price fluctuation is mainly caused by 4 factors: supply and demand, cost, season and tax.

In terms of supply and demand, Xinjiang's cotton spinning industry has developed rapidly in recent years due to the relevant agencies' support to the Xinjiang cotton textile industry in terms of policy and funding. Many large and capable enterprises in the mainland have been spinning factories in Xinjiang, and the equipment is very advanced. By the end of 2017, it is estimated that by the end of 2017, the spinning scale of the textile industry will be increased to about 17 million spindles, and the output of cotton yarn will be nearly one million tons. By 2023, the capacity will reach 20 million spindles. When Xinjiang cotton will be left to 1/3 of the local textile enterprises, the cotton spinning enterprises in Xinjiang will also become the main force of China's cotton textile industry.

Under such circumstances, there will be great changes in the supply and demand market pattern of cotton yarn Market in the future and in the future. There will be different supply and demand in the mainland and Xinjiang markets, and there will be strong regional characteristics in the market price.

In terms of cost, cotton products, labor, electricity, taxes and other factors will affect the product cost of textile enterprises in different regions.

Among them, cotton blending has great influence on the cost of cotton yarn, and the difference of cotton yarn with cotton yarn in the market is 1000 yuan per ton.

From the effect of seasonal factors, the downstream

The peak season has a greater impact on prices.

Generally speaking, from May to August every year and from December to February of next year are the off-season demand for cotton yarn, and the annual September to November is the peak season.

With more than 10 years of experience in cotton futures operation,

Cost price comparison, it is estimated that the initial price of cotton yarn futures will be running in a more rational manner, and any spot price rise or drop in the market will be an opportunity to enter the market.

At the same time, according to the situation of new varieties listed in the past, cotton yarn listed in the first two years or greater participation opportunities, such as cotton, cotton yarn arbitrage and spot arbitrage opportunities.

The market anticipates that due to the constant processing cost between cotton and cotton yarn, if the price deviates, the market will immediately have arbitrage opportunities.

Because the cotton yarn is delivered continuously every month, the holding cost of the contract is basically constant. Once there is a deviation, the market will also have arbitrage opportunities.

In addition, the spot market will face cotton yarn futures spot price paction in the form of cotton yarn futures spot price. There will be a cotton spot trading pattern toward cotton yarn futures spot price. There may also be a combination point price paction form between four cotton varieties with spot cotton futures and cotton yarn futures.

For more information, please pay attention to the world clothing shoes and hats and Internet cafes.