New Territories Cotton Enterprises Purchase Difficulty Increase, Mainland Actively Propaganda Subsidy Policy

1. Xinjiang Market North Xinjiang

The takeover price is chaotic, the difficulty of acquiring cotton enterprises is increasing, and the enthusiasm of purchasing is decreasing.

Downstream cotton spinning enterprises do not improve, the market is in a downward trend, cotton enterprises have a pessimistic attitude towards the cotton market outlook, for the current seed cotton quality low seed cotton acquisition no enthusiasm.

2.

On the afternoon of November 4th, relevant departments of the state held a joint inter ministerial meeting on the pilot reform of cotton target price, and explained the central financial subsidy to the main cotton producing areas in the mainland.

Anhui is one of the subsidies for the 9 provinces in the mainland, with the subsidy standard of 2000 yuan / ton.

In order to implement the spirit of the conference, Susong Cotton Association has adopted various measures to publicize the Cotton Subsidy Policy in the mainland.

3, cotton sub market in November 13th, the price of peripheral products steadily decreased slightly, and cotton products decreased narrower.

The average price of cottonseed remains unchanged at 1.04 yuan / Jin.

Cottonseed oil manufacturers purchase cotton seeds more cautious.

1, today, Zheng cotton November 13th, ICE cotton futures fell on Wednesday, today, Zheng cotton CF1501, 1505 contract opened lower, the intraday range concussion, afternoon center of gravity moved down, the CF1501 line formed a small Yin line, CF1505 close to Yang line star, intra day trading volume moderate amplification, positions close to a far smaller increase.

Related market conditions: ICE cotton futures fell on Wednesday because of expected future oversupply.

2, spot listing pactions in November 13th the national cotton trading market spot trading pactions 9990 tons, an increase of 950 tons compared with the previous day.

The order volume is reduced by 110 tons today, and the total order is 26280 tons.

Today, spot trading contracts opened most of the contracts opened, with a narrow downward trend and the average price fell across the board.