The Positive Factors Are Too Many, And The Cotton Market Is Easy To Rise Or Fall.

After entering April, the volatility of Zheng cotton futures increased significantly. After 3 months' shock, investors' attention and enthusiasm were significantly higher.

The reason is that in the early stage, Zheng cotton broke the difficulty at the location of 15000 yuan / ton, and the spot market was more "unmoved". Recently, Zheng cotton continued to roll out roller coaster market, and the spot market price moved up quietly.

According to a recent survey of the Xinjiang market, during the recent breakthrough of Zheng cotton, especially after hitting the high point of 16225 yuan / ton in the main contract CF1909 in April 15th, a large number of Xinjiang cotton enterprises were insured in time, and the inventory pressure of the producers within the territory was further released.

According to statistics, with the effective forecast, the amount of warehouse receipts for Zheng cotton futures has reached 900 thousand tons.

Cotton merchants are reluctant to sell for a long time, and their mentality has been consolidated. At present, the professional supervision of northern Kuitun, Shihezi and Korla in the southern part of the country has raised the price of the cotton picking up 100-200 yuan / ton earlier than the previous period, of which the quality of the quoted price is more than 28.

The downstream textile enterprises maintain the strategy of "follow suit", which restricts the current purchase and sale scale, but the upstream pressure is gradually released, and the cotton price rising trend is gradually consolidated.

On the other hand, April is the cotton seed sowing period.

Whether this year will be the same as last year, cotton prices rose sharply during the cotton growing period due to weather reasons, which is the current industry's concern.

As the main producing area of Xinjiang, because of the vast climate and complex climate, wind, dust, low temperature, hail and other weather occur frequently. If disaster occurs in cotton planting area, it will cause some funds to boost.

Therefore, the weather factor can be regarded as a positive factor of uncertain time.

Sino US trade consultation is another important positive factor. Although the negotiations between China and the United States are tortuous, according to the news from both sides, the success is getting closer and closer.

The US and China have arranged two rounds of high-level trade talks. The US trade representatives and finance ministers plan to go to Beijing in April 29th. A week later, Vice Premier Liu He will go to Washington for consultations.

Officials hope to announce the agreement and the details of signing the summit at the time of Liu Hao's visit. Trump and Xi Jinping's signing summit may be scheduled for the end of May.

If the agreement is reached, according to the relevant news of the early stage, the purchase of cotton will also be implemented. When the external market rises, it will cause Zheng cotton to follow resonance and the domestic market is expected to see a marked improvement.

In terms of policy, the quota for the issuance of imported cotton has been implemented, and whether or not the reserve cotton has been turned out has become the biggest variable.

But if it is determined, the negative effect may not be as strong and persistent as the market expects. Investors pay more attention or focus on whether there is any round in motion in the later stage.

Because in China's purchase of the US cotton agreement, it is worth noting whether it is in the form of purchase and storage.

To sum up, although the basic market in China is dull, the influence of short and medium factors is becoming increasingly prominent.

As far as the present situation is concerned, there are many favorable factors, and the easy and difficult situation of the cotton market is easy to fall, and the operators can plan the operation rationally according to the position of the market, and avoid the blind gambling.