• <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 >

    Ready For Self Rescue: How Far Is The Bottom Of ICE Cotton After The Sino US Trade Negotiations?

    2019/8/1 12:54:00 2

    Sino US Trade NegotiationsICE Cotton

    In July 30th, ICE futures fell sharply again. Before the negotiations began, the market had basically given up hope. Trump said China hopes to wait until the New Democratic president of the United States comes to power to sign the agreement. Moreover, if negotiations fail to reach an agreement, he will still levy tariffs on the remaining 350 billion US dollars in Chinese products. In addition, he believed that China did not purchase enough American agricultural products in accordance with the commitments of the G20 summit.

    The supply pressure of cotton market has not lightened. The latest report shows that the excellent and good rate of cotton rose to 61% last week, 18 percentage points higher than the same period in the past five years, 11 percentage points higher than the mean in the past ten years. The excellent and good rates in Texas and Georgia were 59% and 61% respectively. The US Department of agriculture's forecast of supply and demand in August is likely to continue to increase US cotton output next year.

    Speculative short positions remain at a historical high and there is no idea of closing positions. The only possible change in the price trend is the complete settlement of Sino US trade, and now the two sides are far from reaching agreement. In terms of technical figures, if we can not know whether it is bullish or bearish, we can draw a long distance from the daily graph. Now the trend line is from the upper left corner to the lower right corner, and the low price is constantly refreshing.

    The Federal Reserve will announce its exchange rate policy on Wednesday, and the market is expected to cut interest rates by 25 to 75 basis points. If it is fulfilled, it will be the first rate cut in two years. Generally speaking, interest rate cuts mean that the US dollar will fall, which will benefit US exports. However, interest rates are very low in many countries, and the US dollar has become a target of pursuit, and will remain strong in the future.

    The need to remind the market is that the current contract in December is about 63 cents, the lowest point in nearly ten years is 54.19 cents in 2016, the market may be approaching the bottom, and the possibility that the bears will continue to vigorously sell at the current low price position is also decreasing. Moreover, compared with cotton, the price of corn is still at a high level, and the current cotton price is unfavorable for planting next year. If the Sino US trade war is maintained, corn will occupy the US cotton area next year, and the market needs to guard against this.

    • Related reading

    The Foundation Of Xinjiang's Cotton Textile Industry Chain Has Been Formed, And Attention Should Be Paid To The Market Of The Surrounding Ten Countries.

    Industry dialysis
    |
    2019/7/31 17:35:00
    4

    Economic And Trade Friction Does Not Damage China's Textile And Garment Industry's International Competitiveness

    Industry dialysis
    |
    2019/7/31 17:31:00
    183

    "Golden Nine Silver Ten" Can Ease The Textile Market, Stop Production, Vacation, No Order.

    Industry dialysis
    |
    2019/7/26 10:09:00
    6

    Matthew Effect Intensifies: Cold And Warm, Fast Fashion Industry Shuffle Intensified

    Industry dialysis
    |
    2019/7/24 12:44:00
    8

    Market Competition Analysis Of Women's Clothing Industry In 2019: UNIQLO Market Accounted For The First Place (Chart)

    Industry dialysis
    |
    2019/7/22 17:34:00
    7
    Read the next article

    Coquettish: How To Choose Swimsuits For Different Girls?

    For mould, at home, one day he will say that he has an extroverted mushroom with mushrooms on his body.

    主站蜘蛛池模板: 药店打针1_标清| 久久久久99精品成人片直播| 亚洲av综合色区无码一区爱av| 91精品国产免费入口| 欧美老妇与ZOZOZ0交| 国产综合久久久久久鬼色| 亚洲精品中文字幕无乱码| 91精品久久久久久久99蜜桃 | 国产日韩欧美三级| 亚洲av无码一区二区三区dv| a亚洲Va欧美va国产综合| 狂野猛交xxxx吃奶| 国内揄拍国内精品| 亚洲国产成人久久综合区| 99精品一区二区三区| 欧美网站www| 国产精品91视频| 亚洲福利视频一区二区三区| 91在线手机精品免费观看| 男人一进一出桶女人视频| 国色天香中文字幕视频| 亚洲国产精品日韩专区av| 99热在线获取最新地址| 欧美日韩动态图| 国产成人高清亚洲一区91| 亚洲人成77777在线观看网| 黑人与欧洲性大战| 欧美一级二级三级视频| 国产麻传媒精品国产AV| 亚洲五月激情网| 风间由美100部合集| 成人Av无码一区二区三区| 作者不详不要…用力呢| 2021在线永久免费视频| 最新中文字幕av专区| 四虎永久在线观看视频精品| www一区二区| 用我的手指来扰乱吧全集在线翻译| 国产视频精品视频| 久久精品视频亚洲| 美女在线免费观看|