Cotton Market Continues To Rise In The United States Cotton, Zheng Cotton To Maintain The Trend Of Concussion

< p > overnight, on the 26 day, ICE < a href= "//www.sjfzxm.com/news/index_c.asp" > cotton < /a > went up under speculative buying, and broke through 77 cents in one session, and refreshed the highest three month record.

At present, the market focus is on the cotton planting area. Because of the obvious grain price advantage, it is inevitable that the cotton seed reduction is inevitable. Meanwhile, the US Weather Prediction Center predicts that the drought in Texas will affect the cotton planting in March 31st.

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< p > international market, 26, because the international market is on the Christmas holiday, the price of China's main port of import cotton is basically stable.

At present, the market lacks new news stimulation, but how to solve the problem of fiscal cliff is worrying the market.

In addition, < a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > factory concerned about how to distribute quotas. Before the rumors are confirmed, the market will continue to wait and see atmosphere.

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< p > domestic market, 26 days, domestic cotton spot price continues to rise.

Cotton is still mainly loose, stock is still high, and downstream demand is not improving. The market rumors that the country will throw away the store after the new year's day. Once it is in line, the cotton market will become a great depression.

At present, the only good thing is that less cotton on the market and prone to phased supply may boost cotton prices in the short term.

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< p > National Reserve dynamics. In December 26th, the State Cotton temporary storage and storage reached 41610 tons. As of that date, 2012 cotton temporary storage and storage pactions totaled 4893610 tons in 2012, of which 3653870 tons were listed on the list, and 1198130 tons of major contracts were signed by key enterprises.

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December 26th, the United States C/A cotton 92.55 (cents / pound), port delivery price 15435 yuan / ton (calculated by sliding tax); Australia cotton 97.55, port delivery price 16092 yuan / ton; Uzbekistan cotton 95.10, port delivery price 15766 yuan / ton; West Africa cotton 87.85, port delivery price 14804 yuan / ton; India cotton 85.60, port delivery price 14579 yuan / ton.

CNCotton A 20034 yuan / ton, up 5 yuan; CNCotton B 19205 yuan, up 6 yuan.

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< p > market analysis, although the purchase and storage is good, but the amount of cotton to port has been increasing in recent years. The textile enterprises are expected to heat up the selling of cotton reserves. The strategy for purchasing raw materials will be limited, and the price of "a href=" //www.sjfzxm.com/news/index_s.asp will be limited.

US cotton challenge before high, zhengmian 05 interval shocks, support 18950.

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< p > operation, shock interval to see support.

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