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Cotton is still clearly outline bull will hit reco
From August 16, cotton and zheng cotton halted the rise along the unconventional, narrow oscillation, especially the present main 1101 contract zheng cotton on August 20, plunge 225 yuan/ton, whether it presupposes cotton QiJia nixonian levels? The author will from cotton trends and characteristics, the country into 2005 showed listing, etc to look for answers.
From August 10 countries began to store auction on August 20, 9 days of auction, ChuBeiMian accumulative total market 131837 tons, the actual transaction 130837 tons, completed on the plan of 22 percent. From the deal, except on August 19, clinch a deal the quantity than listing, the decrease in the number of 1,000 tons of all listed number eight days. The auction level and cotton length on price, the price of auction converted into the price, the price level 328 - the area from 18300 18400 declines to 17885 level, the price declines.
From the overall look of cotton, auction market of the reservoir. There are three reasons, first, from the auctions, 600,000 tons of GuoChanMian take on average every day on the way, about 1.5 tons, continue to 2005 showed that the market for this market has digestion. Secondly, from our cotton price index, from August 10 to 20, the cotton price index 328 level has been hovering 18126-18142 level, little change. From now on, GuoChuMian auction price indices of cotton showed no effect, and the third, from futures trend, August 20, mainly from 19 plunged ChuLiu pat 1000 tons and the kingdom of the auction prices dropped sharply, its essence is due to the contract price of cotton 1101 has come to the previous high, volume 17200 atrophy, lack of power market, the direct induce-ment breakthrough is Friday, cotton broke the systematic drop before oscillation range.
Another month, 2005 showed began this year, but the author believes that the market price of the 2005 showed listed. Since the 2009, high MianJia didn't bring farmers grow cotton enthusiasm, 2010 the cotton area only slightly increased compared with last year. By 2010, China over several bad weather, from the start, xinjiang cotton planting and south areas of two cotton weather makes cotton growth condition, and endanger the final yield. From July to August, huabei region in the middle, even in severe storms rainy weather not suitable as oligosaccharides in cotton growth, yield and quality of continuous threatened 2005 showed the affected cases, cotton output is not optimistic. In addition, in wheat, corn driven by food prices, and kept the expectations of 2005 showed higher, psychological, strong rised in 2005 showed the listed price will strongly, the cotton price is likely to drop out of the first small rise considerably, the market.
If the time span from cotton, on line, the bull market since the start of December 2008, the bull market is still not changed. Outline The author believes that in the year of 2005 showed modest callback listed before is to prepare more substantial increase, cotton keep record the movements of the impact.
"Chinese textile net source."
Editor: lara
From August 10 countries began to store auction on August 20, 9 days of auction, ChuBeiMian accumulative total market 131837 tons, the actual transaction 130837 tons, completed on the plan of 22 percent. From the deal, except on August 19, clinch a deal the quantity than listing, the decrease in the number of 1,000 tons of all listed number eight days. The auction level and cotton length on price, the price of auction converted into the price, the price level 328 - the area from 18300 18400 declines to 17885 level, the price declines.
From the overall look of cotton, auction market of the reservoir. There are three reasons, first, from the auctions, 600,000 tons of GuoChanMian take on average every day on the way, about 1.5 tons, continue to 2005 showed that the market for this market has digestion. Secondly, from our cotton price index, from August 10 to 20, the cotton price index 328 level has been hovering 18126-18142 level, little change. From now on, GuoChuMian auction price indices of cotton showed no effect, and the third, from futures trend, August 20, mainly from 19 plunged ChuLiu pat 1000 tons and the kingdom of the auction prices dropped sharply, its essence is due to the contract price of cotton 1101 has come to the previous high, volume 17200 atrophy, lack of power market, the direct induce-ment breakthrough is Friday, cotton broke the systematic drop before oscillation range.
Another month, 2005 showed began this year, but the author believes that the market price of the 2005 showed listed. Since the 2009, high MianJia didn't bring farmers grow cotton enthusiasm, 2010 the cotton area only slightly increased compared with last year. By 2010, China over several bad weather, from the start, xinjiang cotton planting and south areas of two cotton weather makes cotton growth condition, and endanger the final yield. From July to August, huabei region in the middle, even in severe storms rainy weather not suitable as oligosaccharides in cotton growth, yield and quality of continuous threatened 2005 showed the affected cases, cotton output is not optimistic. In addition, in wheat, corn driven by food prices, and kept the expectations of 2005 showed higher, psychological, strong rised in 2005 showed the listed price will strongly, the cotton price is likely to drop out of the first small rise considerably, the market.
If the time span from cotton, on line, the bull market since the start of December 2008, the bull market is still not changed. Outline The author believes that in the year of 2005 showed modest callback listed before is to prepare more substantial increase, cotton keep record the movements of the impact.
"Chinese textile net source."
Editor: lara
time:2010/8/27
count:0