Whether The Purchase And Storage Will Reduce The Size Of The Debt Purchase Will Be Answered After The Meeting Is Over.

< p > overnight overnight, there is no new news on the 17 day market. The slow growth of US cotton growth constitutes a support for cotton price. The ICE stage cotton plate has risen slightly, basically recovering the previous day's decline, but the market remained light trading.

At present, there is no improvement in downstream demand. < a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > factories do not want to purchase at high cotton prices. In addition, the Fed meeting has attracted market attention, and whether the scale of debt purchase will be reduced will be answered after the conference is over.

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< p > cotton Market: on 1 and 17, the price of China's main port of imported cotton decreased as a whole, and the quotations of various varieties fell by 0.46-0.50 cents.

At present, the consignment cotton trade in the bonded area is light, and the contracts for long-term arrival are rare. The main reason is that the textile mills have hopes for China to throw the store again. The new era of the new cotton market in the northern hemisphere will be pported to China for a long time, and any policy will have an impact on the market.

In the near future, the market will remain on the sidelines, and it is difficult for textile enterprises to enlarge their purchases of foreign cotton.

2, domestic cotton prices have increased slightly.

At present, the market basically agrees that the US cotton market will be postponed, so the inquiry price of the textile mills to Australia cotton, India cotton and even Central Asia cotton has increased significantly. The scale of China's acquisition and storage and subsequent policies will have a significant impact on the foreign cotton market.

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< p > spot quotation, USA C/A cotton 96.35 (cents / pound), port delivery price 15805 yuan / ton (calculated by sliding tax); Uzbekistan cotton 100.41, port delivery price 16284 yuan / ton; India cotton 90.21, port delivery price 15118 yuan / ton; CNCotton A 20136 yuan / ton; CNCottonB 19279. < /p >

< p > market analysis, paying attention to the progress and dynamics of the purchase and storage under the new cotton standard, which will have a great impact on the price of cotton both inside and outside the market.

US cotton is concerned about buying support near 80; the current price has been running under pressure, 01 Zheng cotton 19800, 05 contract 19000.

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