March 8, 2012 Domestic Cotton Electronic Matching Daily: Shrinkage Reduced &Nbsp, Low Open Or Down

There are signs of good fortune, but the India cotton export policy remains unchanged, and the fall in the cotton trade policy of the ICE period continued to decline. The main contract price in May was 90.12 cents / pound, down 130 points, and the external market continued to be weak. Today, the contract is still dominated by low opening, and the market continues to be weak. Most of the concussion is still in the market. The end of the contract is still showing a downward trend, and the average contract price of the contracts has been dropping down around 100 yuan in the closing market. In recent months, the MA1203 contract has closed at 20090 yuan, down 90 yuan, and the main MA1204 contract has been closed at 20340 yuan, falling 44 yuan. The lowest price in the contract is MA1203 contract, the market price is 20090 yuan, the highest price is MA1208, the contract price is 21120 yuan, and the turnover is reduced on the same day. 7 days, though economic side.

The following are the following characteristics: first, the volume of trading was reduced on the same day, and the turnover in the 6 and July contracts was 3740 tons, and the market focus was returned to the market, and the turnover of the market was less than 1000 tons. The amount of orders in the near term was also relatively low. Two, the volume of orders continued to decrease for the 13 consecutive days, and the total performance of the contracts decreased by nearly five hundred tons. In recent months, the MA1203 contract orders were reduced by nearly five hundred tons, which was the main force for reducing the warehouse price today, while the contracts in the COSCO contract increased by less than 100 tons, and the market continued to be low. The average contract price of three months and MA contracts continued to drop, and the average contract price of the MA1203 contracts fell 127 yuan to 20406 yuan / ton, which was still the largest contract, and the remaining contract price was the same. Today's collection

As of March 7th, the national cotton trading market