Price Trend Analysis Of Cotton Prices In A Week

< p > < strong > this week < a href= "//www.sjfzxm.com/news/ > > long staple cotton price < /a > stable turnover < /strong > /p >

< p > this week, the quotation and paction price of long staple cotton were flat. Last week, the price of 137 long staple cotton was 26000-27000 yuan / ton, and the actual price was 26300 yuan / ton. The group's long staple cotton price was 27000 yuan / ton, the main advantage was that the mun value and length were better, and the way of settlement was still the original price.

After the Spring Festival, the price of long staple cotton increased by more than 1000 yuan before the festival, and the turnover was moderate. Downstream enterprises only purchased according to the order.

In terms of external cotton, the price of American Pima cotton continues to rise. The price of PIMA2 grade 1-7/16 is 148 cents / pound, the sliding price is 24000 yuan / ton, plus the quotas, the quotation is higher than the domestic long staple cotton price.

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< p > textile mills said that although there were some orders after the festival, the downstream market did not feel better. Some of the orders may be pferred by some closed down and limited production enterprises.

For the latter, business confidence is still insufficient, although some orders are more than 2 months, but the volume is small, basically there is no long-term orders.

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< p > < strong > < a > href= > //www.sjfzxm.com > Import Cotton > /a > China's main port quotes go up sharply < /strong > /p >

< p > domestic cotton spot prices are still relatively stable, although the downstream textile market is slightly warmer, but overall is still in a weak state.

At present, the biggest factor affecting the domestic cotton price operation is policy. Recently, the consumption of 700 thousand tons of processing trade quota has been widely boosted in the international market. The cotton price has been running vigorously, and the domestic cotton market has been running down.

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< p > > a href= "http://cailiao.sjfzxm.com/Matertial/show/default.aspx" > domestic market < /a > the spot price is still relatively stable. With the continuous rise of the external market, the price of the cotton outside the port has steadily risen, but it is still not ideal by the constraints of basic elements and so on.

Throwing and storing continues, activity is better than before, and high-grade cotton is still the main player in bidding.

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< p > the price of China's main port of imported cotton has risen sharply. Among them, US cotton, India cotton and Central Asian cotton have increased by more than 2 cents, and West African cotton has increased by 1.75 cents.

In addition, the Australian cotton quotation has been cut by 0.25 cents, which is related to the upcoming new cotton market in Australia and the supply pressure is expected to ease.

At present, the bullish mood is on the rise. The weekly report of the US cotton export shows that the downstream demand is still very active, especially the high quality cotton.

Analysts say that although there is no shortage of speculators in the current market, the lack of high-grade cotton and the expected reduction in the planting area of the US cotton market have strongly supported the market.

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