Cotton In New York Was Short Of Direction During The Period Of Cotton Shortage.

< p > cotton shortage direction in New York period. Cotton futures are rising and falling.

Cotlook spot price rises.

On the 31 day, India cotton prices remained stable for four consecutive days; Turkey new flowers grew smoothly; Southeast Asian countries purchased recently; there was partial rainfall in the central and South East and Southeast cotton regions of the United States.

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< p > 1, futures < /p >

< p > recent contract settlement price in October was 85.63 cents / pound, up 15 points; the main contract price in December was 85.18 cents / pound, up 4 points; the forward March contract closed at 83.53 cents / pound, down 1 points.

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< p > on December, the main contract on that day was on the day of the 85 cent concussion. At the end of the contract, the other contracts generally did not fluctuate significantly. The main contract in December increased 117 points (1.4%) this month.

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< p > two, spot < /p >.

< p > 31, CotlookA index 92.50 cents / pound, up 45 points.

Imported cotton price index (FCIndex) SM reported 98.50 cents / pound, up 6 points; M reported 96.63 cents / pound, down 4 points; SLM reported 94.87 cents / pound, up 39 points.

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< p > 31, the price of Upland Cotton continued to lack direction, traders said that the volume of market enquiry was general. Although the New York cotton rose in the previous day, the market volume did not increase.

The Caunt Luke 2012/13A index has expired at 92.50 cents / pound, 81.65 cents a pound in the same period last year.

The 2013/14A index will be published only in August 2nd, and the 2014/15A index will be released early next year.

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< p > three, and each country's dynamic < /p >.

< p > cotton price in India has basically remained unchanged for 4 consecutive days, and the trend is stable; the local precipitation in Punjab and Kali NABA on 30 nights occurred on the 30 day.

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< p > cotton growing in Turkey is good. Although cotton has been replanted previously, fine weather has accelerated cotton extension and made up for some losses.

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< p > last week, Taiwan purchased Argentina SLM1-1/32 and 1-1/16 200 tons of cotton, each price 80.25 cents / pound and 83.50 cents / pound, and 200 tons of Brazil Middling1-1/8 cotton, the price 94.25 cents / pound.

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< p > the growth of cotton in the delta area is still mainly good, but affected by the cold and humid air, the sowing rate slowed down compared with the same period last year. The new storm is moving slowly towards the southeast cotton area. In the state of Alabama, about 2 inches of heavy rain appeared on that day. Cotton growth in Georgia basically normal, but it is likely to encounter cold and humid weather in the near future. Local showers in the Dezhou plain will greatly alleviate the recent drought situation this week, and rainfall accelerated cotton growth last week.

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