Cotton Market Price Trend In August 21, 2012

(1) domestic aspects:

Today, the 1301 contract opened at 19550 points, which closed at 19600 points, up 80 points.

In addition, today's cotton price index in China is 18393 yuan / ton, up 2 yuan.

Commercial cotton electronic matching MA1208 closed 19000 yuan / ton, up 12 yuan, today traded 8160 tons.MA1209 closed 19160 yuan / ton, up 79 yuan, today clinch a deal 3600 tons.

(two) foreign countries: imported cotton price index FC Index M to port price 86.78 cents / pound, up 0.5 cents, 1% under quota tariff port pick up price 13987 yuan / ton, up 80 yuan, sliding price of the port delivery price 14833 yuan / ton, up 57 yuan.

(three) production area Bulletin: cotton farmers in Huanggang, Hubei picked a small amount of new flowers, but the grades were rather bad. Peddlers had sporadic acquisition of seed cotton. Now the weather is fine and the planting area has decreased slightly, and the large quantities of new flowers purchased by enterprises are in early September.

Henan Anyang has a small number of new flower and boll opening, but the enterprise did not buy, seed cotton is not quoted now. It has been rainy in recent days, but has little effect on cotton. The enterprise started to buy new flowers in mid September.

New flowers in Bozhou, Anhui, have not been opened yet. It's raining today, but it has little effect on new flowers. The equipment has been overhauled, and enterprises are buying new flowers before and after national day.

The rainy weather in Yuncheng, Shanxi, has a certain effect on the growth of new flowers. It is estimated that the new flowers will be on sale around September 10th.

Jiangxi Jiujiang new flower began to enter the boll opening period, about half a month after the listing.

Local rainy weather has a certain impact on the growth of new flowers, local maintenance equipment completed, waiting for the new flower listing.

(four) cotton sub Market: there are few sources of cotton by-products, and seasonal advantages are still in place. Many manufacturers continue to hold the price sales trend. The market of cotton oil and meal is basically flat, cotton fleece is weak and stable, and cotton shell continues to be strong.

Recently, the surrounding oils and fats are unstable, and most of the cottonseed oil and meal are on the watch. The demand for stocking of mushrooms is supporting the cotton shell Market. As a whole, the market of cotton by-products is cautiously rising, and the purchase price of cottonseed is still relatively strong.

(five)

OEC10S: the mainstream price of Hebei Shandong and Henan is 17200 OEC12S, the mainstream price is 17700, the price is 18700 yuan, the mainstream price is 19000, the price is higher than 19800. The total price of the cotton yarn in Hebei Province is 23700 C21S, the mainstream price is 25300 C40S, the mainstream price is 26500 C60S, the mainstream price is 28800, the price is higher than 29800. Viscose staple fiber 1.5D*38: Jiangsu Xiangsheng 15900, Funing Australia ocean, Xinxiang chemical fiber, Shandong Hailong, Xinjiang Xinjiang ocean Jiangxi Jiangxi dragon.

(six) market review: the whole cotton yarn market is flat and scattered, but the turnover is acceptable. The general combed yarn and the air spinning trade are maintained, while the domestic spot keeps stable, but the turnover is not large.

The impact of domestic natural disasters on new flower production will be greater in the year. With the gradual closing of State purchasing and storage, cotton prices will be supported. As the market is changing, downstream customers will continue to have a wait-and-see mentality and short-term operation mentality.

Domestic spot trading volume is not big, weak demand oversupply limit cotton prices rise space.