This week (October 12 to 18,), domestic cotton price index last fall, the purchase price index rising, which represents the mainland level 229 the price of cotton cotton price countries A index (CNCottonA) average 21224 yuan/ton, A last week fell 105 yuan/ton; Representatives of the cotton price level 328 mainland national cotton prices B index (CNCottonB) average 19760 yuan/ton, fell 104 yuan/ton; Cotton price level 428 18817 yuan/ton, fell 41 yuan/ton; China cotton purchase price index (CNCottonS) average 18791 yuan/ton, up 119 yuan/ton.

This week, the national monitoring cotton prices continue to fall, October 18,, the national cotton monitoring price index for 19744 yuan/ton, more on 11 October fell 114 yuan/ton; With spot prices fall, ShouChu price advantage gradually appear, hand in a store enterprise increases gradually, has been for two trading volume in 2000 tons of above. October 18,, total 7070 tons ShouChu clinch a deal, of which the mainland to clinch a deal 1590 tons, 5480 tons of xinjiang to clinch a deal.

October 12,, the United States department of agriculture (USDA) announced this year's global cotton production and sales forecast deposit, compared with last month, raising supply and final inventory, cut consumption, including initial inventory raised 196000 tons, yield increase of 268000 tons; Because the present market demand insipid, plus global macro economic growth slowed, cut consumption of 183000 tons; The final inventory is raised 636000 tons to 11.938 million tons, inventory consumption than reached 48%, slightly higher than the average value in the past five years. This year's global cotton supply abundance degrees higher than expected, it will give the MianJia bring feeling the pressure. The domestic market, this week, with "vane"--the shandong some large textile group for 3 consecutive days lint purchase price cut, after the October 15, 16, cut the level 4 respectively lint purchasing price 200 yuan/ton and 300 yuan/ton, 17, another drop in the morning level 427 ginned cotton purchase price 200 yuan/ton, at present the lint purchase price of grade 3 maintained at 19800 yuan/ton unchanged (to bring my ticket, and heavy, the cash settlement, full, similarly hereinafter), level 429 price for 19000 yuan/ton, level 427 price for 18400 yuan/ton. According to some cotton enterprises reflect, this large textile enterprise purchase ginned cotton fiber and moisture to the opposite sex when asked to compare strictly, send cotton vehicles is not much. By this enterprise lint purchase price cut influence, in much of the domestic data acquisition cut the price of 0.1 0.2 yuan/jins, xinjiang mainstream price in 4.50 yuan/jins or so, the mainland in mainstream price $4.20 / jins. Cotton farmers because the price lower than expected JiaoShou not positive, cotton for small enterprises and prudent profits acquisition, the part of the cotton enterprises and even stop close, has the processing of the temporary storage of lint inside the plant.

However, recently set, zheng cotton futures prices further weakened to some extent, also add to the enterprises to participate in the store in enthusiasm. October 18,, set MianJia all closed at ShouChu price 19800 yuan/ton under, in recent months, the contract price to fall to 19400 yuan/ton under, and zheng cotton futures prices also continued declines, gradually to ShouChu price near, half of the contract refresh previous low, cotton, with weak atmosphere. If prices and late seed cotton lint prices keep falling, and FangQi purchasing and WuQiSe, most of the enterprise are to be expected to pay into the ranks of the reservoir. At present the market of our country all parties ShouChu showed great concern, because the size of the reserves to produce a lot of late MianJia trends affect.

October 18,, the national bureau of statistics released three quarters of 2011 national economic operation, data shows, the third quarter gross domestic product (GDP) year-on-year growth of 9.1%. The personage inside course of study thinks, data shows that the Chinese economy runs smoothly, but GDP year-on-year growth will remain at 9% above, and CPI is still at the higher level, at present not further tightening monetary policy, but also do not have apparent easing basis. The international market, the current international economic situation did not get better, the German finance minister said is a European summit will not be available to the eurozone debt problem of clear solution, this news in the market again to the concerns of the debt crisis in, and at the same time the fed October manufacturing index for five months and showed shrinkage international environment still partial empty.

So far, the above factors are to be MianJia operation to bring pressure, no significant change in the fundamentals of the case, the weak oscillation market or will continue, pay attention to the downstream orders and textile enterprises on oct. 31-November 4, the guangzhou fair held in the third phase, textile products apparels deal.

Source "the Chinese textile nets"

Edit: lara