What Will Be The Impact Of The Hot Weather On The Cotton Market?

According to agricultural experts, the "summer days" in the growth period of cotton plants is the most flowering season, and the flowers in the pre - and post incubation period account for about 80% of the total effective flowers.

Therefore, the flowers in the pre - and the volt stages shed light, the boll setting rate is high, the yield is stable, the ability to mature before the frost and the fiber quality is good, all of which constitute the main part of the high yield of cotton.

As of August 1st, the number of peach sitting in the cotton growing areas in Northern Xinjiang was around 7.8 per plant. Although the phenomenon of peaches fell, the overall situation was still better than that of the same period last year.

In August 1st, 29708.044 tons of resources were sold out of the cotton reserves, with a turnover of 13952.626 tons, with a turnover rate of 46.97%.

The highest paction price was 16070 yuan / ton (2013 Xinjiang cotton), and the lowest paction price was 13030 yuan / ton (2013 real estate cotton).

The average price was 14478 yuan / ton (74 yuan / ton lower than the previous day); the 3128 price was 15728 yuan / ton (up 44 yuan / ton compared with the previous day).

On the same day, the maximum cost of single bundles was 1900 yuan / ton (2013 Xinjiang cotton), the lowest increase of single bundles was 20 yuan / ton (2011 Annual cotton 1 bales, 2012 real estate cotton 1 bundles, 2013 real estate cotton 7 bundles).

The number of households is 51.72%: the proportion of non textile entrepreneurs is 48.28%.

Us: according to the US Department of agriculture (USDA), to 31 July, the new cotton flower bud 87% was 10 percentage points higher than that of last week, 91% in the same period last year, 91% in the last 5 years, 46% in the new flower and fruit set, 10 percentage points higher than that in the previous week, 53% last year, and the average bud in recent 5 years is 53%.

According to the report of seedling, 86% of new flower growth is normal (excellent 13%, good 43%, general 30%); abnormal ratio is 14% (9%, very poor 5%).

India: since last Friday, the price of the S-6 India ginning factory was steady, at 42750 rupees / candi, 85.1 cents / pound, and 4460 J-34 / 84.6 in the Punjab's ginning factory.

Over the weekend, the flood caused by the heavy rain in Gujarat has improved, but the total rainfall is still much higher than the same period in previous years. Since last Sunday, the weather in the affected areas was clear.

July 31st -8 4, 2016/17 per week

The bottom price of the sale is 15079 yuan / ton (standard price), which is 72 yuan / ton higher than last week's price.

Last week, the average price of cotton reserves was 14471 yuan / ton, and the turnover rate remained at around 50%.

Due to the lengthening of the storage cotton wheel, the company took a cool look at the stock market, and the paction rate and the average paction price dropped sharply compared with the previous week.

Yesterday, the amount of cotton reserves was 29715 tons, and the actual turnover was 14773 tons, with a turnover rate of 49.72%. The average price was 14552 yuan / ton (+99), and the 3128 price was 15684 yuan / ton (+5), of which Xinjiang cotton average price was 14965 yuan / ton, the average price of real estate cotton was 13932 yuan / ton, and the turnover rate of real estate cotton was 28.8%.

Delayed storage and storage of cotton reserves

The news of supply is still fermenting.

But in the long run, the news of dumping and storage delays has not yet been announced. If the latter is not confirmed, the market is bound to rebound. If the latter is really postponed, the profit will be basically eliminated. After the confirmation of the news, there will be no big drop in momentum, and attention will be paid to the announcement of the reserve cotton extension policy.

In addition, the market has recently heard rumors that the state should improve the reserve cotton structure by importing part of the outer cotton into the central storage cotton wheel.

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