• <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 >

    Industry Watch: US Controls Cotton Pricing Power With Ice On Intercontinental Exchange

    2022/2/11 13:27:00 43

    ICE

    ?
    Before the 1980s, the United States was already the largest cotton producer in the world. It not only produced large quantities, but also controlled the pricing power of global cotton. Among them, the New York Futures Exchange (now renamed ice) played a key role.

    ?
    In 1870, the New York Cotton Exchange emerged as the times require. In the same year, cotton futures trading was launched. In the following 130 years, although there were 14 other commodity exchanges in the world and cotton futures trading was carried out, only the New York Futures Exchange survived. Because of the first mover advantage of the United States, financial derivatives were extremely developed, This is also an important reason why the US can use the ice to control the global cotton pricing power.
    ?
    Ice cotton futures include futures contracts of some major cotton producing countries such as the United States. The main quotation is American cotton quotation.
    ?
    In recent years, the United States seems to feel the challenge. On June 1, 2004, Zhengzhou Commodity Exchange listed cotton futures varieties. At present, it has been running for 17 years, and its influence in the global cotton market has gradually increased. In April 2016, the cotton futures of Zhengzhou Commodity Exchange created an amazing trading volume of 41 million bales per day, while the transaction volume of American cotton was only 3.3 million bales on the same day. It can be said that China's daily cotton trading volume has no suspense under the pressure of the United States.
    ?
    Behind this is the fact that the US cotton production has been rapidly overtaken and China has become one of the most influential countries in the world cotton market. In 2020, China's cotton output will be 5.95 million tons, of which Xinjiang alone will contribute 5.2 million tons, accounting for 87% of the country and 1 / 5 of the world.
    ?
    In addition, as the world's largest textile producer, China's domestic cotton is basically consumed, and there is a large demand gap every year; In contrast, the United States has basically shifted its textile industry to Asia; As a result, 82% of the US cotton output is exported, and the largest market is China.
    • Related reading

    Market Research: Why Does The Price Of Down Jacket Rise Year After Year

    Market topics
    |
    2022/2/9 15:37:00
    0

    Market Analysis: Cotton Yarn Is Easy To Rise But Difficult To Fall In 2922

    Market topics
    |
    2022/2/9 15:06:00
    0

    China'S Service Sector PMI Fell To A Five Month Low Of 51.4 In January

    Market topics
    PMI
    |
    2022/2/7 15:09:00
    1

    Understand The General Situation Of China'S Textile And Clothing Foreign Trade In 2021

    Market topics
    |
    2022/1/28 12:51:00
    3

    China Is The World'S Largest Cotton Importer

    Market topics
    |
    2022/1/28 12:46:00
    1
    Read the next article

    The Delay Of Employees Returning To Work After The Festival Is Generally Low In Various Regions

    The delay of employees' return to work makes the operating rate of weaving enterprises still at a low level. It is expected that the time for large-scale resumption of production will be between January 12 and January 15

    主站蜘蛛池模板: 伊人久久精品无码麻豆一区| xxxxx亚洲| 中文字幕第一页在线视频| 67194线路1(点击进入)| 精品久久久久久久久中文字幕| 精品国产午夜福利在线观看| 最近中文字幕在线中文视频 | 色综合天天综合中文网| 玉蒲团之偷情宝典| 我的初次内射欧美成人影视| 国产成人欧美一区二区三区| 亚洲成av人片在线观看www| www.色人阁.com| 男女交性视频无遮挡全过程| 成人做受120视频试看| 国产乱子伦精品免费无码专区| 么公的又大又深又硬又爽视频| 337p人体欧洲人体亚| 波多野结衣办公室33分钟| 女人战争免费观看韩国| 午夜dj在线观看神马电影中文| 中文字幕精品久久久久人妻| 精品视频在线免费| 成人综合视频网| 国产99在线a视频| 丰满饥渴老女人hd| 色综合综合在线| 日本午夜精品一本在线观看| 国产成人久久精品二区三区| 亚州一级毛片在线| 亚洲精品国产精品国自产网站| 最新国产在线播放| 国产三级在线观看视频不卡| 久久国产三级精品| 青青热久久久久综合精品| 日本高清免费在线视频| 国产全黄一级毛片| 久久丝袜精品综合网站| 色五月激情小说| 成年丰满熟妇午夜免费视频| 低头看我是怎么c哭你的细节|