The Trend Of US Cotton Is Rising, And The Pattern Of Zheng Cotton Is Weakening.

< p > American cotton will go down and take up the shadow line.

Overnight, the US cotton shock rose, breaking through 90 in the intraday market, falling back to high and closing the shadow line, and the contract in May closed 89.30 cents / pound, up 95 points.

The warehouse receipt will reach 57 thousand tons.

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< p > most of the futures market fell, methanol led 3.59%.

On Tuesday (February 25th), most commodity futures markets fell, rubber and methanol remained weak, and the downward trend continued after the last trading day.

The end of the egg fell sharply, down nearly 3%.

Methanol dropped 3.59% to 2792 yuan / ton.

Rubber fell 2.77% to 14590 yuan / ton.

Iron ore, PTA, coke and other varieties fell more than 1%.

Power coal has changed its weakness, leading to the domestic futures market, and plastics have risen by more than 1%.

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< p > China Textile Alliance: the future sale of reserve cotton may still be matched with import quotas.

Gao Yong, vice president of China Textile Industry Federation, said at the China spinning Roundtable forum that at present, about 13 million tons of cotton reserves are in store, and there will be variables in the future cotton policy.

Gao Yong said that at present, the only effective means for cotton reserves to be utilized at the policy level of cotton is import quotas.

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< p > Corps has acquired 1 million 530 thousand tons of lint.

As of February 21st, the Corps purchased 1 million 536 thousand tons of lint cotton, and acquired 1 million 420 thousand tons in the same period last year. It sold 1 million 446 thousand tons, sold 1 million 402 thousand tons in the same period last year, and 89 thousand and 700 tons this year, 19 thousand and 900 tons in the same period last year.

As of February 20th, 344 thousand tons of cotton were shipped and 412 thousand tons were shipped during the same period last year, a decrease of 16.6% over the same period last year.

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P > inland < a href= 'http://www.91se91.com/news/index_c.asp > cotton enterprise < /a > plan to Xinjiang package factory.

Entering the middle of February, Hebei, Shandong, Henan, Hubei and other local cotton enterprises sent people to North Xinjiang and southern Xinjiang to investigate and investigate the contract and lease cotton processing and production lines in 2014. However, the processing capacity of 3500-4000 tons of foreign contracted cotton enterprises in Xinjiang or the one-time payment of 3 million yuan on the contract fee is generally not acceptable.

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< p > storage and storage total turnover of 5 million 840 thousand tons.

On the 24 day, it planned to close and store 93030 tons, with a turnover of 29480 tons, with a turnover ratio of 31.7%.

Among them, the Xinjiang key point plan of the non backbone enterprises was 28000 tons of storage, 8400 tons of actual pactions, 30% of the turnover, 63510 tons of storage and 19560 tons of actual pactions, 30.8% of the pactions, and 1520 tons of key enterprises.

Storage and storage totaled 5839740 tons, Xinjiang totaled 3894460 tons, and the mainland accumulated 1945280 tons.

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< p > throwing and storing 570 thousand tons.

25 days of dumping and storage of 12062.6634 tons, the paction ratio of 43.03%.

The average price of the old GB is 17530 yuan / ton, and the price of 328 yuan is 18092 yuan / ton.

The average paction price of the new GB rose 74 yuan / ton compared with the previous trading day.

The highest paction price was 18550 yuan / ton on that day, and the lowest paction price was 16850 yuan / ton.

As of 25 days, the total volume of dumping and storage was 570 thousand tons.

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< p > < a href= > http://www.91se91.com/news/index_c.asp > cotton yarn market > /a > pessimistic attitude.

All cotton yarn prices are mostly stable, only a small number of on-demand purchases, sporadic goods, the overall wait-and-see mood is strong, generally pessimistic attitude towards the market outlook.

The price of cotton yarn Market in Hebei also showed a weak adjustment. The shipment was slow. The price of a factory 32S was 25500 yuan / ton, and the factory price of 40S was 27000 yuan / ton. Because of the small number of buyers, there was actually a favourable margin of concessions.

The imported yarn has been weakening slightly recently. The price of Qingdao India 32S yarn is 23900-24200 yuan / ton, but it is enlarged slightly depending on the negotiation of different buyers.

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< p > ZHENG cotton declined.

On the 25 day, the stock market fell sharply, and most commodities continued to decline.

Zheng cotton continued yesterday's weakness, and then picked up after the low opening. After the intraday shock, the market was down again, breaking the low yesterday and weakening the pattern.

Since 405 is at a high level, the price difference between the near and far months is very large, and the recent 405 decline is relatively large.

Far month trend is more stable, the 501 weak shocks, did not break yesterday's low point, the small Yin line.

1405 closed at 19775, fell 25 points, 1409 closed at 18785, rose 55 points, 1411 contracts 17100, down 15 points.

1501 took 16615, down 15 points.

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< p > < a href= "http://www.91se91.com/news/index_c.asp" > ZHENG Mian < /a > total turnover of 20024 hands, reducing 19054 hands, holding 161 thousand hands, reducing 1588 hands.

As of February 25th, Zheng cotton produced 151 warehouse receipts, a decrease of 4, and warehouse receipts forecast 41.

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< p > 5 million 840 thousand tons of purchase and storage, 7 million 40 thousand tons of public inspection, and 570 thousand tons of dumping and storage.

Downstream cotton yarn is light, coupled with the open supply of state stores, textile enterprises are not eager to purchase.

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< p > spot slump, low price of national reserve, such as tying up quotas, dropping the actual paction price of less than 18000, ending the end of March, 405 will be the world's highest price, and this year is the last year of storage and purchase. In the case of spot slump, there will be no increase in futures margin after March.

For the far month contract, China has collected about 6000000 tons of cotton from the world every year in the past two years, and the withdrawal of storage and storage means that more than 6 million tons of supply will be produced in the global market, which will impact foreign cotton.

In addition, the cotton price is far above the cost of planting, so the long term is long.

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