Intercontinental Exchange (ICE) Cotton Futures Fell Eighth Days On Tuesday

< p > > the world's < a target= "_blank" href= "//www.sjfzxm.com/" > clothing < /a > a target= "_blank" href= "_blank" > shoes, < hat > net to introduce the New York: cotton futures fell eighth days on Tuesday. < /p >
< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201405/22/20140522091337_sj.JPG "/" < > > "
Cotton futures of P (ICE) fell for eighth days on Tuesday, the longest decline in more than six months. The weather forecast said that the main planting areas of Dezhou, the largest cotton growing state in the United States, will be raining and there are signs that supply is increasing, prompting investors to sell. < /p >
< p > the most active ICE-7 month cotton contract fell 0.15 cents, or 0.2%, at 89.15 cents a pound, hitting 88.71 cents lower than five weeks in the contract. < /p >
< p > some agencies predict that the western part of Dezhou will be in urgent need of rainfall, which will alleviate the worries of farmers and improve the growth environment of Dezhou cotton crops. < /p >
(P) the Ministry of agriculture will announce the export sales report last week on Thursday morning. The market estimates that last week's cotton export sales will be higher than the previous week because of the price drop. < /p >
< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > ICE < /a > cotton inventories continue to rise. The latest data of ICE show that cotton inventories increased from 411 thousand and 200 packages to 413 thousand and 500 packages on Monday, the highest level since last July. < /p >
< p > spot cotton prices are low because farmers in the southern hemisphere are harvesting. < /p >
Last week, the US Department of Agriculture released a report on crop growth (P). Last week, the US farmers accelerated their seeding progress, which also led to pressure on cotton during the last week. "" The United States is the world's largest exporter of cotton. < /p >
< p > the US Department of Agriculture said that as of May 18th, the a href= "//www.sjfzxm.com/news/index_s.asp" > cotton < /a > seeding rate was about 46%, much higher than that of 37% in the same period last year, but still slightly lower than the mean value of 48% in the previous five years. < /p >