The First Round Of Success In Cotton Production Caused A Series Of Fluctuations In The The Yellow River Basin Market.

In the the Yellow River basin, dumping and storage caused market fluctuations. A cotton trader in Shandong said that he had prepared sufficient funds to make some cotton trade this year, but because he was not sure of the market, he planned to wait and see again.

"From March 6th, cotton reserves are all meat and potatoes."

The cotton trader said that after several shareholders' deliberations, he was combined with a trader today, and helped the dealer to take 1000-1500 tons on behalf of the trader.

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The cotton trader thinks:

First, the reserve cotton price is the base price of cotton this year.

By the end of 2016, there are not many commercial stocks in the new cotton business, and it is difficult to lift the storm, and the total amount of cotton reserves will be larger, which will lay the "iron bottom" of the cotton price this year.

In addition, from the current situation of shooting storage, the rate of increase is relatively high, and the reserve price of cotton reserves in the future is rising with no suspense.

Second, businesses are now buying from traders.

Contract.

According to feedback from some enterprises in Shandong and Henan, although the reserve cotton has not yet been officially released, there has been a contract for the sale of cotton reserves.

It is expected that some high-quality cotton reserves will continue to increase to reach the end users after they go to the market.

In view of this,

Spot prices have been boosted and prices have gone up.

As of March 7th, a certain type 400 cotton enterprises in Cangzhou, Hebei increased the price of the 3128 grade real estate cotton by 100 yuan / ton, the factory price reached 16150 yuan / ton (gross weight, including tax), and the 3127 and 4127 prices remained unchanged, 15700 yuan / ton, 15300 yuan / ton respectively.

The company official said that in March cotton spot, especially good cotton, the possibility of price increase is very large.

Other spot traders are also selling "Xinjian cotton".

On the same day, a cotton trader in Shandong introduced that Xinjiang's "double 29" and "double 30" hand picked cotton were basically priced without market, the price was 16700-16800 yuan / ton, and the quoted price rose by 150 yuan / ton, but the spot traders were not in a hurry to sell Xinjiang high quality hand picked cotton, indicating that they were going to match the "sub cotton" sales, and two were waiting for the cotton to really "drop out" and sell again.

"Whoever has good resources in his hands can earn it."

People in a market say that now everyone wants to take part in the auction.

Some idle funds in the community are expected to take part in the next few days.

Many people in the industry aim at Zheng cotton futures to participate in futures production and hedging activities.

"Cotton is very concerned now."

Many people responded that the market became lively when the cotton wheels were launched.

It is estimated that the liveliness will last longer.

This year, reserve cotton is still popular among all.

As early as last year, during the period of cotton spinning, downstream textile enterprises had been competing for auction, especially when imported cotton was booming, and the turnover rate of cotton reserves remained high.

After all, after carrying out the bag inspection, the testing quality of cotton reserves basically accords with the actual use effect, which can meet the needs of textile enterprises and has been recognized by enterprises.

Besides, the intense competition has great relations with its price.

In 2016, lint prices continued to rise, and eventually maintained at 15000 yuan / ton, and the excellent quality cotton prices even reached 17000 yuan / ton.

It is understood that in March 6th, the maximum price of cotton reserves was 16380 yuan / ton, the lowest paction price was 14520 yuan / ton, and the average price was 15476 yuan / ton.

Even the highest paction price has a certain gap with cotton prices.

On the price, reserve cotton has an advantage over commodity cotton, which has become a shortcut for textile enterprises to reduce the cost of raw materials.

Textile enterprises eager to reserve cotton can be seen, which also laid a foreshadow for the rise of Zheng cotton.

In the reserve cotton auction atmosphere, Zheng cotton also cooperate with the sharp rise.

On the same day, Zheng cotton main contract 1705 hair more strength, the highest level of 16465 yuan / ton after the market stabilized shock, CF1709 contract price to explore 16865 yuan / ton stabilized volatility.

Judging from today's disk performance, Zheng cotton continues to rise at a low level and has little room for improvement.

Therefore, it is expected from the view of cotton reserves and Zheng cotton.

For more information, please pay attention to the world clothing shoes and hats net report.