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Sporadic Orders Are Still The Main Line &Nbsp; The Road To Recovery In Cotton City Is Still Hard.

2011/5/25 10:53:00 44

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Odd Order Main Line

International news is active.

With the three big rating agencies downgrading Greece and Italy

credit

Rating outlook, European sovereignty

debt crisis

There is a growing trend, and the US dollar exchange rate has strengthened, the international crude oil and other commodities have fallen, and the cotton has been suppressed. And because of the global cotton demand is relatively low, the cotton market is likely to maintain a downward trend in the next few days. Although some of the main cotton producing areas in the United States and China continue to suffer from flooding and drought, cotton cultivation and output are affected, but the actual cotton supply problem has basically come to an end because of the increase in output and inventory in other countries.

Good news at home in China

HSBC yesterday announced the early May value of China's PMI preview.

data

It slipped to 51.1, the lowest level since July 2010.

In the most vigorous season of consumption demand for copper and steel, such as ferrous and ferrous metals, textile and clothing, if enterprises are going to stock up in large quantities in the traditional peak season, it will be hard to be optimistic all year round. At present, the bad news such as electricity shortage, drought and shortage of funds of small and medium-sized enterprises will continue to impact most enterprises. For the whole cotton industry, most cotton growers, cotton mills and cotton mills will not be able to reduce the pressure on the textile enterprises. In the late stage, under the background of tight funds, the majority of enterprises are still going to be the main driving force, because the demand is hard to be improved under pressure. The preview value further confirms that under the background of anti inflation, the driving force of economic growth has been weakened. The two quarter should have been an enterprise pair.

Sporadic downstream orders continue to lead cotton market

　　近期棉花市場形成相對暫穩的格局，籽棉收購雖然較上周有所放緩但較5月上旬仍有小幅增長，原因在于籽棉成本帶動加之期貨市場的波動，棉商挺價心態有所恢復，據卓創了解，部分商家表示因現貨收購已有部分贏利，許多前期關門棉商重開收購并且多數順價甚至以銷定產（先聯系好銷售客戶，再收購加工）借此規避風險，而近期下游少數棉紗廠在原料庫存略低并且在棉價相對暫穩時刻選擇低價詢單，雖然部分棉商針對低價惜售但仍有棉商出于悲觀心態出貨意圖明顯，零星成交自然產生，但整體下游棉紗紡織行業仍處在自身難保的階段，在資金緊張、消耗庫存的過程中仍將在很大程度上壓制對棉花的剛性需求，零星訂單繼續引領棉花市場，在大規模集中性采購到來之前，棉市復蘇之路仍然艱難。