National Regulatory Policies Showed Marked &Nbsp; Cotton Continued To Break Down Thirty Thousand.

　　 today Zheng cotton 1105, the contract opened at a low price. Low opened at 29330, the highest 29700, the lowest 29290, closed at 29290, compared with the previous trading day fell 2380 points. Cotton index decreased by more than 50 thousand positions, turnover of nearly 150 thousand hands. Internationally, cotton futures for Intercontinental Exchange (ICE) fell for second consecutive days on Thursday. Index ICE-3 cotton contract fell 1.93 cents to 1.3918 U.S. dollars during the month, the intraday trading range of 1.3666-1.428 U.S. dollars.

　　 Internationally, it has been involved in investors' selling and profit taking, as well as China. Cotton price Going down, the market is considering whether the four months' rise will come to an end. There were several pullbacks during the four months of cotton growth, so no one dared to say that the rise was over.

In the spot market, China's cotton price index (328) is 31281 yuan / ton, down 21 yuan / ton. In November 11th, the import cotton price index (FCIndex S) was 172.91 cents / pound, down 3.38 cents / pound; 1% tariff 29242 yuan / ton, down 568 yuan / ton; discount sliding duty 29599 yuan / ton, down 562 yuan / ton.

recently Agriculture products The rapid rise in prices has attracted management's attention. Especially the rise of cotton, the state has repeatedly stated that it must severely punish the cotton price and fight against speculation. At the same time, it will focus on the acquisition of new cotton. Zheng Shang and cotton match market also raised the margin of cotton. In addition, new cotton began to appear on the market and supply expectations were improved. The cotton price trend will gradually turn into a concussion under the state's initial results and improvement in cotton price regulation and control policy.

　　 Judging from the trend of the disk, cotton prices were left open today after the continuous decline of the external market. After the opening, they fell rapidly and fell below the 30 thousand integer pass. This is already the second stop price for Zheng cotton, and cotton prices are fast away from the high point. It is suggested that the early stages can be reduced. Short term high volatility intensified, cautious trading.