【 a brief comment on 】

Cotton futures charge a small overnight ICE fell, trading price leading market movements. Because of the global economic uncertainty, small investors sell dish suppress cotton city to the downside. At present stage is the main problems facing cotton sluggish demand, sluggish demand caused, in part, because of a European leaders try to solve the European debt crisis, the global economic uncertainty, and eventually the December issue cotton down 0.46 at 99.72 cents per lb at. Zheng cotton CF1205 contract consolidation accept Yin line star, QiJia continue in daily line 5 under shock, pay attention to the 20000 a line support circumstance, the proposal is temporary and see.

【 information hot 】

1. Stock clinch a deal the common atrophy, the mainland enterprises, still not volume cotton, cotton farmers emotions don't reduce contract-signing process, the enterprise processing out lint no sale, some enterprises that will turn to pay store; Xinjiang border over the price also dropped sharply lint, prices nearing enterprise cost even below cost, the enterprise is not willing to sales, the cotton and see.

2. On October 19 ShouChu plan 33000 tons, the actual transaction 3780 tons, 3000 tons of xinjiang library to clinch a deal, 780 tons of mainland libraries to clinch a deal, by year 2011 temporary ShouChu today cotton 10850 tons tons of cumulative clinch a deal in xinjiang, accumulative total 8080 tons to clinch a deal, total 2770 tons of mainland clinch a deal. Clinch a deal that day mainly concentrated in xinjiang, hubei, anhui province of jiangsu, tianjin five warehouse.

3. At present MianJia keep falling, and at this time last year MianJia rise sharply that form contrast. The cotton market in an unenviable position, cotton farmers, cotton FangQi enterprises, all in a wait-and-see in.

4. According to a Pakistani cotton processing association (PCGA) says, Pakistan to October 15 seed cotton lint about 4.716 million fold volume package (fold 802000 tons), an increase of 3%.

5. On October 19, the national cotton trading market ShangPinMian electronic set business 22380 tons, is a day increase of 1720 tons, order increase of 680 tons, accumulative total order 60980 tons, on October 19 Chinese cotton price index fell 61 yuan, for 19698 yuan/ton; October 19 RiYin rows of foreign exchange market of the yuan's exchange rate $middle price: $1 to 6.3727 yuan.

【 operation Suggestions 】

Zheng cotton CF1205 contract consolidation accept Yin line star, QiJia continue in daily line 5 under shock, pay attention to the 20000 a line support circumstance, the proposal is temporary and see.

Source "the Chinese textile nets"

Author: ShenWeiLiang editor: Emma