Cotton Price Quotation In Cotton Futures Market In February 21St

< p > < strong > [MEIKO futures] bidding for national storage cotton enthusiasm has warmed up. Cotton price is difficult to fluctuate greatly. < /strong > < /p >
< p > overnight overnight. On the 20 day, ICE cotton remained oscillating at its high level. In May, it reached a peak of 85.24 cents in May. However, the late fall of the contract has sped up some gains and eventually gained 33 points. The volume of turnover is still considerable as the transfer of warehouse transactions continues. At present, investors expect China's strong demand for foreign cotton and the market is expected to maintain a long atmosphere. In addition, the USDA US cotton export weekly was postponed due to the presidential day. < /p >
< p > international market. On the 20 day, the price of China's main imports of cotton imports generally rose, of which India cotton rose significantly, rose 2 cents, the United States cotton rose 1 cents, and West African cotton rose 0.5 cents. Judging from the market situation, India cotton is favored by the price a href= "http://www.91se91.com/" target= "_blank" > textile /a > factory. Although the sliding quota tax and the issuance of the national cotton storage and distribution have not been officially confirmed, according to the cotton traders, the recent shipments are relatively stable, and the rise in cotton prices has little effect on the downstream procurement. At present, the turnover rate of China's cotton reserve auction is not high, and the foreign cotton market has some positive effects. In addition, the available resources of cotton outside China continue to decline. It is expected that the price of cotton will remain strong in the near future and is expected to further rise. < /p >
< p > domestic market, 20 days, domestic cotton spot prices rose slightly. Recently, the international cotton price has gone up slightly, and the domestic cotton price difference has been further narrowed. The imported cotton from the textile factory with full tariff is not very cost-effective, and after a year, the business fund is slightly ample, which makes the domestic textile enterprises participate in bidding for the national cotton store. < /p >
< p > spot quotation, 20 days, C/A cotton 99.10 (cents / pound), port delivery price 16313 yuan / ton (calculated by sliding tax), Australia cotton 102.85, port delivery price 16798 yuan / ton; West Africa cotton 93.85, port delivery price 15686 yuan / ton; India cotton 90.35, port delivery price 15287 yuan / ton. CNCotton A 20116 yuan / ton, up 6 yuan; CNCotton B 19286 yuan, up 5 yuan. < /p >
< p > market analysis, the market is expected to have a strong reduction in cotton planting area in the new year, which will boost the price formation and guide the market to wait for consumption. In terms of technology, near 20 thousand is the long-term trend critical pressure level, which is also near the cost of storage and storage. There is a repeated demand. < /p >
< p > operation, support 19550, low pressure before high, interval operation. < /p >
< p > < strong > [one German futures] empty single holding Zheng cotton will eventually return to value < /strong > /p >
< p > on Wednesday, CF1309 opened up and left low. CF1309 closed more than 16.4 hands, and its position decreased slightly. CF1309 closed at 19960 yuan / ton, down 65 yuan / ton, reduced 3798 hands; in February 20th, China's imported cotton (FC Index M) 91.93 cents / pound, up 0.35 cents / pound, 1% yuan tariff reduced price 14713 yuan / ton, sliding price conversion price 15533 yuan / ton. < /p >
< p > according to the news of New York in February 20th, cotton prices rose for second consecutive days on February 20th, rising to the highest level in May 2012, because the strong demand of Chinese consumers will continue, and the March contract will be extended, and the -3 month contract price difference will be widened to the widest level in April 2010. ICE's most active May cotton contract rose 0.33 cents, or 0.4%, and the settlement price was 84.46 cents per pound. < /p >
< p > February 20th cotton trading in the national cotton market was 10640 tons, an increase of 400 tons compared with the previous transaction. Orders increased by 540 tons, totaling 16880 tons. On the 20 day, the contracts for commodity cotton trading were opened high, and within a wide range of days, the final trading volume was close to falling. Basically, according to some traders and small and medium-sized weaving enterprises in Shandong, Jiangsu, Hebei and other places, after the Spring Festival, the cotton yarns of various producing areas and specifications are showing a certain trend of increase. However, the current inquiry and receiving intentions are not strong. The main body of the report is the stockpiling traders before the Spring Festival. < /p >
On Wednesday, Zheng cotton fell to a high level, which was in line with expectations. It is inevitable to continue to recede. Only after fully adjusted the latter rising market is expected to develop healthfully. Based on the new trend of US cotton, the price will still have room to rebound, and the later fall will mainly depend on the selling of cotton reserves, and the P will continue to hold. Today's operation suggests that the CF1309 reference price range is 19800-20100. < /p >
< p > < strong > [Hongyuan futures] the main contract of zhengmian lightens down, < /strong > /p >
< p > key points < /p >
< p > 1. Price Bulletin: domestic < a href= "http://www.91se91.com/news/index_s.asp" > lint < /a >: 129 level 20982 yuan / ton; 229 level 20110 yuan / ton; 328 level 19281 yuan / ton; 428 grade 18667 yuan / ton. Domestic textiles: polyester staple fiber 11380 yuan / ton; viscose staple fiber 14560 yuan / ton; C32S price 25870 yuan / ton. < /p >
< p > 2. domestic stock: on the 20 day, domestic cotton spot prices rose slightly. Recently, the international cotton price has gone up slightly, and the domestic cotton price difference has been further narrowed. The imported cotton from the textile factory with full tariff is not very cost-effective, and after a year, the business fund is slightly ample, which makes the domestic textile enterprises participate in bidding for the national cotton store. < /p >
< p > 2. imported cotton: in February 20th, the price of China's main port of imported cotton generally rose, of which India cotton rose significantly, rose 2 cents, the United States cotton rose 1 cents, and West African cotton rose 0.5 cents. From the market situation, India cotton is favored by textile mills for its price advantage. At present, the turnover rate of China's cotton reserve auction is not high, and the foreign cotton market has some positive effects. In addition, the available resources of cotton outside China continue to decline. It is expected that the price of foreign cotton will remain strong in the near future. < /p >
< p > 3. cotton reserve put into operation: in February 20th, China cotton reserve management company plans to sell and reserve cotton 80065.93 tons, and the actual turnover is 28100.40 tons, with a turnover rate of 35.10%. On the same day, the average level of transactions was 3.78, with an average length of 28.26mm, with an average transaction price of 18855 yuan / ton, with a turnover of 328 yuan (19245 yuan / ton). < /p >
< p > 4.NCC: according to the latest US cotton planting intention report released by the National Cotton Association (NCC), the US cotton planting area in 2013/14 is expected to be 9 million 15 thousand acres, 26.8% less than this year. < /p >
< p > 5.ICE cotton: in February 20th, ICE cotton kept oscillating at the high level. In May, it reached a peak of 85.24 cents in the contract last May, but the fall in the late stage sped up some gains and eventually gained 33 points. The volume of turnover is still considerable as the transfer of warehouse transactions continues. < /p >
< p > summary: < /p >
< p > American cotton is supported by the demand of China and the reduction of cotton planting area in the new year. The "warehouse receipt issue" is the core of China's cotton policy, and China's policy of dumping and quota is the top priority. There are many rumors in the market, which are all competing for interests. After the rumors, it is a contest of funds and it is difficult to find out the reasons for short-term fluctuations. Yesterday, the main cotton contract of the Zhengzhou cotton company continued to bulge and gradually lowered its position, indicating that the motive of the high position was large, or there was no impetus to push the price to a higher level. < /p >
< p > {page_break} < /p >
< p > < strong > [Wanda futures] ICE cotton refresh 9 month high point, stand 84 cents above /strong < < /p >
< p > the prices of international agricultural products are generally rising overnight, and the market is booming. Meanwhile, Chinese enterprises return to the market after the Spring Festival holiday. The market expects Chinese consumption to be strong. ICE cotton continues to be supported by the fund. The main contract in May is up to 85.24 cents / pound, the new 9 month high, ending up 0.33 cents to 84.46 cents / pound. ICE cotton has been on the two straight day for 84 days. The speculation in planting area and the decrease in US cotton supply are the main factors to support the fund's purchase of cotton. < /p >
< p > > on Wednesday, the cotton rush rate of ICE cotton fell down, and the main force closed on May. The main contract was stable 84 cents / pound, the average line system maintained a good multi head rise, the KD and MACD indexes had formed a trend of rising in number, the MACD index green column was shortened, the cotton price became stronger, the rally will continue, the upward goal was expected to reach 90 cents / pound line, and the support of 84 cents / pound for cotton price was concerned. < /p >
"P" > on Wednesday, Zheng cotton went down high, and capital became the main factor affecting cotton prices. Although the US cotton planting area decreased significantly, the international cotton price was good, and the shortage problem of Zheng cotton warehouse receipt had not been solved. But the industrial customers were not in love with this year's contract, and there were no rivals in speculation. In this way, if there is no support for money and popularity, Zheng cotton will continue to fall, otherwise the increase will be accompanied by the rise of Zheng cotton. In the short term, a href= "http://www.91se91.com/news/index_c.asp" > ZHENG Mian < /a > recent contracts were kidnapped by speculative funds, and industrial funds left the field. It is suggested that cotton enterprises should open up new battlefields in the 1401 contract and gradually increase their holdings in 20000 yuan / ton. < /p >