• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    After The Crude Oil Was Sealed Down, Cotton Fell And Cotton Yarn Touched Down.

    2019/6/4 21:55:00 2288

    Raw Materials And Prices

      

    After the tragic end of May, the global risk assets staged a bleak start in June, and the global risk aversion is still clouded. Sino US relations have become the key changes in the market.

    Weekend news hinted that the trade disputes between China and the United States did not come to an end soon. Meanwhile, Global trade tensions intensified and investors worried about the risk of economic recession.

    Today, cotton and cotton yarn futures opened up and fell across the board. Zheng cotton main force once again dropped to a new low of nearly three years, closing at 12965 yuan / ton.

    The 1909 contract price of zhengmian main force has accumulated over 3000 yuan / ton since mid April.

      

    As we all know, the current external trade situation is tense, and the cotton spot market is pessimistic.

    For this Zheng cotton "caught off guard" limit, market participants have the following interpretation:

    Green Dahua futures researcher Cui Jiayue believes that the current cotton market is in an obvious weak market. Apart from the negative impact of Sino US trade friction, the basic supply and demand pattern is also more pessimistic, coupled with the unprecedented huge pressure on the futures market's warehouse receipts, which has contributed to the current downward trend or even downward trend.

    For the future trend, under the influence of the current atmosphere, even if there is a rebound, it will be subject to greater restrictions. The depressed market sentiment can not be reversed in a short time.

    The specific explanation is as follows: 1, the global risk assets have been sold heavily.

    The global market is facing black May, the panic is pervaded, the risk assets are facing large scale sell-off, and the commodity market is gloomy and gloomy. Cotton is a deeply implicated variety in Sino US trade friction. It is easy to imagine that the probability of further decline in the US cotton price will be greater in the future.

    2, domestic cotton basic supply exceeds demand is obvious.

    At present, the basic situation of cotton in China is very bad.

    Supply side: cotton market resources are abundant.

    Dumping and storage + social inventory + imports make production enterprises choose room and space larger, and the market is cautious about purchasing.

    Demand side: expected by the impact of Sino US trade friction, downstream textile exports are expected to decline, resulting in low demand expectations.

    Embodied in: import volume increased year-on-year year-on-year; cotton auction cold, volume and price fell; domestic cotton social stocks remained high in the past 5 years.

    3, the futures market pressure continued to increase.

    As of May 31, 2019, the Zhengzhou Mercantile Exchange registered 18129 cotton warehouse receipts, a decrease of 462 compared with last week, an effective forecast volume of 943, a decrease of 118 compared with last week, a total of 19072 pieces, a delivery volume of 762 thousand and 900 tons, a real yield of nearly 40%, significantly higher than the previous year's record high.

    This brings psychological pressure to the market even more than substantial pressure.

    Yan futures, an analyst at Galaxy futures, said that the pressure on exports of the domestic textile and garment industry has increased recently.

    The pressure of downstream enterprises is gradually highlighting, gauze inventory increases, and textile enterprises stop production and limit production.

    At present, the downstream enterprises are afraid to place orders easily. It is expected that the consumer side will not improve in the short term.

    But Zheng cotton fell to the present position, the price is in the low level for nearly three years, and in the long run is also low, and is currently the cotton digestion inventory stage, these factors constitute a support for cotton prices.

    It is proposed to wait and see for the time being and pay attention to the trend of cotton futures.

    China's cotton network is nonsense. Compared with last week, the cotton market has made some changes, which is probably the reason for triggering the Zheng cotton disk's "sway with each other". First, the expected increase in Sino US trade frictions is escalated, and the United States enters the "countdown" tariff on the import of Chinese $325 billion merchandise.

    USTR will issue a notice next week in the federal Gazette to extend the time when certain products from China export to the United States until June 15th, and then the tariffs will increase from 10% to 25%, that is, a 15 day buffer period.

    Since June 1, 2019, China has imposed tariffs of 25%, 20% and 10% on the list of imported goods originating in the United States of about US $60 billion (5% duty is added to the commodities that are subject to 5% tariff before added).

    Some agencies believe that the white paper on China's position on Sino US economic and trade consultations pointed out that the failure of negotiations was responsible in the United States, and the US side had three times to go back on its side, and China's four major positions were clear.

    Therefore, the possibility of short-term negotiations between China and the United States, concessions and agreement is negligible.

    Two, last week, the US stock market, bond market and financial market plummeted, and then impacted on the real economy and commodity market, and cotton was not spared.

    Similarly, other stock markets in Germany, France and Europe are also "deep green". Today, domestic crude oil, PTA, asphalt, corn, rubber, cotton and other futures varieties should fall, but just like other varieties, cotton has become a "sharp pioneer" under the pressure of supply and demand, fine weather and so on.

    • Related reading

    Overseas Bosses Talk About China'S Textile Industry: The Market Of Unlimited Possibilities, The Space Is Very Strong!

    Fabric accessories
    |
    2019/6/4 21:54:00
    8427

    Reduce Taxes, Reduce Fees And Dividends, Centrally Deliver, And Effectively Boost The Development Of High Quality Economy.

    Fabric accessories
    |
    2019/6/4 21:54:00
    7999

    Yesterday, Today And Tomorrow Of Fujian Textile Industry

    Fabric accessories
    |
    2019/6/4 21:54:00
    8888

    Jinjiang: Textile Enterprises "Control" Standards To Promote Economic And Quality Development

    Fabric accessories
    |
    2019/6/4 21:54:00
    8964

    Manufacturing Industry Still Maintains Moderate Expansion, Speeding Up Reform And Steady Employment.

    Fabric accessories
    |
    2019/6/4 21:54:00
    8848
    Read the next article

    Attention Should Be Paid To Purchasing Advertising Shirts.

    Today, Xiaobian introduces some of the contents that need to be paid attention to in the custom blouses, and believes that many companies purchase the same problems. If you are qualified

    主站蜘蛛池模板: 李老汉别揉我奶了嗯啊h| 内射极品少妇XXXXXHD| 亚洲中文字幕无码一区| 51国产偷自视频区视频| 美妇又紧又嫩又多水好爽| 日本强不卡在线观看| 国产精品无码久久久久| 免费无码又爽又刺激毛片| 一本加勒比HEZYO无码专区| 精品无码久久久久久久久| 娇妻当着我的面被4p经历| 免费看小12萝裸体视频国产| xxxx俄罗斯大白屁股| 羞羞视频免费网站入口| 成人自拍小视频| 免费福利在线播放| JAPANESEHD熟女熟妇伦| 污网站在线观看| 国产精品社区在线观看| 亚洲AV无码国产一区二区三区| 国产成人精品怡红院| 欧美最猛黑人xxxx| 国产精品入口麻豆完整版| 亚洲精品NV久久久久久久久久| koreanbjneat| 波多野结衣的av一区二区三区| 夫妇交换俱乐部微信群| 公天天吃我奶躁我的在线观看 | 99re在线观看| 第一福利官方导航大全| 成人免费黄网站| 人妻精品久久久久中文字幕| 8x视频在线观看| 最近免费中文字幕mv在线电影| 国产卡1卡2卡三卡在线| 久草新在线观看| 色综合色综合色综合色综合网 | 成人性视频在线| 和桃子视频入口网址在线观看| www.99re| 欧美一级视频在线观看|