• <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 >

    ICE Cotton Slipped, Investors Are More Concerned About The Progress Of Sino US Trade Negotiations

    2019/10/12 16:45:00 0

    ICE CottonSino US Trade

    According to foreign news on October 10th, cotton futures on the ICE slipped on Thursday. Although the USDA report showed a slight decline in cotton inventories, investors were more concerned about the progress of Sino US trade negotiations. ICE's most active December cotton contract fell 0.67 cents, or 1.1%, and the settlement price was 61.42 cents per pound.


    The December cotton trade range is 61.36-62.47 cents.


    Keith Brown, President of Keith Brown and Co, a cotton trader in Georgia, said: "the supply and demand report has not gone up and down. The data is fairly neutral. Now we are waiting to see whether there will be good news from China US economic and trade negotiations. "


    On the morning of October 10th local time, members of the Political Bureau of the CPC Central Committee, vice premier of the State Council, and Liu He, the Chinese leader of the Sino US comprehensive economic dialogue, began a new round of Sino US economic and trade consultations with the US trade representative, lettchet, and finance minister Mnuchin. The current round of high-level consultations were scheduled to be held in Washington from 10 to 11, and the two teams had already started work level consultations.


    In October, the US Department of agriculture lowered the US 2019/20 output and the end of year inventory estimate in the supply and demand report. The US 2019/20 cotton inventory at the end of the year is estimated at 7 million bales, with an estimated 7 million 200 thousand packages in September.


    "The report is not very profitable," said Jobe Moss, a broker at MCM Inc, Dezhou. Market expectations are also close to 7 million packages.


    The United States Department of agriculture has also lowered global cotton production forecast in 2019/20.


    The Ministry of Agriculture said: "the global cotton production forecast has been cut by 130 thousand packages, and the production prospects of Brazil, Pakistan, Australia and the United States have reduced the estimated output of 1 million packages in India."


    The USDA supply and demand report shows that the global cotton inventory at the end of September is estimated at 83 million 690 thousand packages, with a forecast of 83 million 750 thousand packages in September.


    In addition, the US Department of agriculture's export sales report released on Thursday showed that in the week ending October 3rd, the US 2019-20 annual export sales of upland cotton increased by 188 thousand and 800 packets, an increase of 6% over the previous week, an increase of 53% over the four week average.


    In the week 2020-21, the US cotton exports decreased by 5 thousand and 300.


    The total volume of futures market decreased by 4736 to 20261.


    Data show that the previous day cotton holdings reduced by 200 to 236128 hands.


    As of October 9th, the ICE contract for delivery of cotton futures contract No. 2 was flat at 10523 packs.

    • Related reading

    Iran Oil Tanker Explosion Is The Fuse, Polyester Product Market In The Future Or More Changes Now.

    Market trend
    |
    2019/10/12 16:23:00
    0

    Deng Yongyong Is Stepping Down As Executive Director And Group Financial Controller.

    Market trend
    |
    2019/10/12 16:11:00
    0

    Market: The Aging Products Industry Has Become A New Growth Point.

    Market trend
    |
    2019/10/12 16:06:00
    0

    Fashion Boom: Textile And Garment Industry May Usher In A New Growth Point.

    Market trend
    |
    2019/10/12 15:30:00
    45

    PTA Fundamentals Will Continue To Weaken In The Late Stage To Seize The Opportunity To Meet Each Other.

    Market trend
    PTA
    |
    2019/10/11 12:33:00
    0
    Read the next article

    Thousands Of Years, Carving The Ancient City Charm, The Vast Expanse Of Earth, Has Raised The Hometown Of Champion.

    After years of development, Suning's needle spinning has formed an industrial structure of "one market and three parks". One market refers to the knitting and clothing sales center of source hair in sunning county.

    主站蜘蛛池模板: 国产精品一区二区久久精品涩爱| 波多野结衣伦理视频| 日干夜干天天干| 国产亚洲精品无码专区| 久久激情综合网| 久久人人爽人人爽人人av东京热 | 精品欧美高清不卡在线| 日本大乳高潮视频在线观看| 国产国产东北刺激毛片对白| 久久亚洲色一区二区三区| A毛片毛片看免费| 热热色原原网站| 国产裸体美女永久免费无遮挡| 亚洲欧美成aⅴ人在线观看| 2020狠狠操| 机机对机机120分免费无遮挡| 国产无遮挡吃胸膜奶免费看| 久久精品中文字幕无码| 花传媒季app| 日韩精品一区二区三区中文| 国产悠悠视频在线播放| 亚洲av最新在线网址| 麻豆国产在线观看免费| 日日碰狠狠添天天爽超碰97 | 亚洲成在人线在线播放无码| (无码视频)在线观看| 欧美香蕉爽爽人人爽| 国产精品免费观看视频播放| 九九热香蕉视频| 蜜桃臀无码内射一区二区三区| 成人毛片18女人毛片免费| 免费看国产精品麻豆| 91麻豆国产免费观看| 欧洲精品码一区二区三区 | 亚洲欧美日韩在线一区| jjizz全部免费看片| 日本熟妇人妻xxxxx人hd| 午夜高清在线观看| 97精品国产一区二区三区| 欧美乱妇高清无乱码在线观看| 国产区图片区小说区亚洲区|