Cotton Prices In Today'S Cotton Futures Market

< p > < strong > [MEIKO futures] the circulation of high-grade cotton can be reduced and the cotton will continue to go up during the lifting period < /strong > < /p >.

On the 13 day, the market ignored the negative rise of the US dollar index and the weakness of the overall trend of commodities. With the help of the short return, ICE cotton rose all the way, and the May contract rose to its highest level in 10 months and the biggest single day gain in two weeks.

At present, the bullish atmosphere of the market is relatively strong. With cotton prices breaking through the highest point in March 8th, the space for opening up has also been opened, and the market will continue to be strong in the near future.

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In the international market, the price of China's main cotton imports rose slightly yesterday. Most varieties including the American long staple cotton rose 0.5 cents, while India cotton rose significantly, rising 1.4 cents.

At present, < a href= "//www.sjfzxm.com/" target= "_blank" > textile > /a > factory does not recognize the price of most varieties, and the quota textile mill is also closely related to the purchase of high-grade cotton.

Cotton prices continue to linger at high levels not due to downstream demand. The overall environment in the peripheral market and the continuous decline in the number of high-grade cotton are the main reasons for the strong cotton prices.

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< p > domestic market, 13 domestic cotton spot prices continue to maintain stable operation.

At present, the bidding for the key textile enterprises will continue, but the enthusiasm of the enterprises is weak. Considering the limited domestic spot resources, the cotton price is expected to go up in a short time.

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"P > spot quotation, American C/A cotton 100.60 (cents / pound), port delivery price 16549 yuan / ton (calculated by sliding tax), Australia cotton 105.85, port delivery price 17336 yuan / ton; Uzbekistan cotton 103.85, port delivery price 17027 yuan / ton; West Africa cotton 100.35, port delivery price 16517 yuan / ton; India cotton 94.40, port delivery price 15794 yuan / ton.

CNCotton A 20141 yuan / ton, up 2 yuan; CNCotton B 19314 yuan, up 2 yuan.

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< p > market analysis, the market is still dominated by the purchase of foreign cotton, leading to the rise of international cotton prices, thereby reducing the difference between cotton prices inside and outside; with the purchase and storage of imported high-grade cotton, the number of high-grade cotton and cotton in the world will gradually reduce, while China aims to protect more interests of the front link, so cotton prices below the support is very solid.

The US cotton 90 needs to break through, and Zheng cotton wants to have a 20530 higher pre test.

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< p > operation, bull market, 20530-19900 pay attention to top pressure.

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< p > < strong > [Yi De futures] steadily lifting Zheng cotton back to high position < /strong > /p >

< p > CF1309 opened higher on Wednesday, and CF1309 closed more than 19.2 hands at the close.

CF1309 closed at 20300 yuan / ton, up 210 yuan / ton, increased 16670 positions; in March 13th, China's imported cotton (FC Index M) 95.91 cents / pound, up 0.37 cents / pound, 1% yuan tariff reduced price 15356 yuan / ton, sliding price conversion price 16016 yuan / ton.

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< p > according to New York's March 13th news, cotton prices jumped to a 10 month high on Wednesday and recorded the biggest one-day gain in two weeks, as the replacement of shorts and spinning mills bought cotton prices at the end of the month.

The ICE's most active May cotton contract rose 1.28 cents, or 1.5%, and the settlement price was 88.61 cents per pound.

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< p > March 13th cotton trading in the national cotton market was 10360 tons, an increase of 220 tons compared with the previous trading day.

The order volume increased by 40 tons compared with the previous trading day, and the total order was 17080 tons.

On the 13 day, the contracts for commodity cotton trading were opened high throughout the day, and the average price rose at the end of the day.

On the basic level, spot market prices continued to rise slightly, but due to limited resources, trading was relatively light; as the textile industry started to start after the holidays, raw material procurement dynamics in recent years have been warmer.

At present, the new cotton reserve policy has not yet been released, and the market is still cautious.

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"P" > on Wednesday, Zheng cotton went higher and higher, and pulled up at a high volume. The kinetic energy of getting rid of the recent shock interval was closely watched. The US cotton speculation net bulls continued to increase. In the long term, bottom uplift was inevitable. However, due to the late March policy, it was suggested that we should be cautious and wait and see. Intra day trading is the main and CF1309 reference price range is 20000-20400.

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< p > < strong > [Wanda futures] short and consumer buying support ICE phase cotton refresh 10 month high point < /strong > /p >

"P" overnight, shorting up and consumption buying made ICE cotton continue to rise. The main contract in May rose 1.28 cents to 88.61 cents / pound, the highest intraday rate to 89.15 cents / pound, hitting a new high since the end of April 2012, and the cotton price has a trend of 90 cents / pound integer pressure.

US cotton good sales data and speculation capital speculation area is expected to become the main driving force for the rise in cotton prices, while global stocks are mainly concentrated in the hands of the Chinese government. The global supply is relatively tight and the increase in consumption is supporting cotton prices. In this case, the rally may continue, and the May contract will challenge 90 cents / pound pressure level.

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< p > ICE cotton on Wednesday, Zhongyang reported that the main force of the May contract stood firm on the short-term average line and challenged the 90 cents / pound strong pressure level. The average system maintained a good long range rise. The KD and MACD indexes continued to rise in a long way, MACD index red column growth, and the rising trend did not change. The pressure of May contract was 90 cents / pound. If the effective break through the rally will continue, it will continue to hold more orders, otherwise it will be profitable to close the warehouse and continue buying after the cotton price callbacks.

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< p > in recent years, the state store cotton sale situation was in a low turnover. In February, China imported 379 thousand tons of cotton, so that in the first two months of 2013, the total import of cotton was 837 thousand tons. In the first half of 2012/13, the total import of cotton was 2 million 208 thousand tons. Although the quota tension led to a large number of cotton prices being kept in the bonded warehouse, the impact of cheap imported cotton on the domestic market was obvious.

It is expected that after the end of the two sessions, the new round of dumping and storage, the next year's storage and quotas will gradually become clear. Under the condition of increased supply and low consumption, China's cotton price will not have the basis for a substantial increase. The 1309 contract for speculative capital speculation will not be optimistic. It will rely on the 20530 yuan / tonne pressure level to increase the holdings of the empty list and lose its position by the price.

We are optimistic about the policy of purchasing and storage in 2013/14, and continue to open the unlimited purchase and storage. It is suggested that the 1401 contracts should be increased by 20200 yuan per ton.

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< p > < strong > [Hongyuan futures] Mian cotton has no driving effect on < a href= "//www.sjfzxm.com/news/index_c.asp > ZHENG cotton < /a > /strong > /p >

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< p > key points < /p >

< p > 1. Price Bulletin: domestic lint: 129 level 21008 yuan / ton; 229 class 20137 yuan / ton; 328 level 19310 yuan / ton; 428 grade 18705 yuan / ton.

Domestic textile: polyester staple 10770 yuan / ton; viscose short fiber 15010 yuan / ton; C32S price 25950 yuan / ton.

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< p > 2. domestic stock: the spot price of domestic cotton keeps rising steadily. In March, as more downstream weaving factories started, the demand for raw materials improved, but the overall market situation of the yarn market was still light, and the actual orders were not large. Textile enterprises did not want to lose their business again. They were more cautious in purchasing cotton and had a strong wait-and-see sentiment.

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< p > 2. cotton imports: in March 13th, the price of China's main port of imported cotton rose slightly, and most varieties including the American long staple cotton rose 0.5 cents. India cotton rose significantly, rising 1.4 cents.

At present, the price of most varieties is not recognized by the textile mill, and the quota textile mill is also tightening up the purchase of high-grade cotton.

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< p > 3. cotton reserve put into operation: in March 13th, China cotton reserve management company plans to sell and reserve cotton 70056.61 tons, and the actual turnover is 19336.39 tons, with a turnover rate of 27.60%.

On the same day, the average level of pactions was 3.57, with an average length of 28.4mm, with an average paction price of 19044 yuan / ton, with a turnover of 328 yuan (19219 yuan / ton).

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< p > 4. statistics: according to the statistics of China Customs, in September 2012 -2013 February, China imported a total of 2 million 207 thousand tons of cotton, a decrease of 409 thousand and 200 tons compared with that of the previous year, a decrease of 15.64%. In 2013, China imported 836 thousand and 200 tons of cotton, reducing 106 thousand tons, or 11.25% percent, compared with the same period in 2013.

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< p > 5.ICE cotton: in March 13th, the market ignored the negative rise of the US dollar index and the overall weakness of the commodity trend. With the help of the short return, the ICE phase cotton rose all the way, and the May contract rose to its highest level in 10 months and the largest single day increase in two weeks.

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< p > summary: < /p >

< p > China's current a href= "//www.sjfzxm.com/news/index_s.asp" > cotton < /a > market is a policy dominated market, warehouse receipt issue is the focus of the futures market, and the policy of throwing and storing has attracted much attention.

Yesterday ICE cotton hit a new high, but the author mentioned that the United States cotton has little effect on Zheng cotton.

Generally speaking, Zheng cotton is weak and can be operated easily and easily.

Recent operations may be based on high light and air.

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