High-Grade Cotton Reduction Small Reserve Cotton High Support

< p > May 14th the main contract of ICE continued to oscillate at a high level, closing down with weakness, closing to 85 cents in July, and the mentality of Cotton Traders and buyers were relatively stable. On the 13 day, the price of the cotton and bonded cotton in the port was not affected by the sharp fall in the US dollar quotations. < a href= "//www.sjfzxm.com/news/index_c.asp" > India cotton < /a > S-6 quoted price is still 18500-18700 yuan / ton, the SM grade cotton picking price is still 19400-19600 yuan / ton, and the SM class cotton price is 20100-20300 yuan / ton. < /p >
< p > an Australian exporter said that the shipping date of Shandong cotton was basically signed, and now it is mainly reserved for cotton in August and after shipment. Buyers are mainly large and medium-sized cotton in Henan, Jiangsu, Henan and other places. < a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > enterprises. On the one hand, the customers are mainly spinning combed yarn and high count yarn, and have strong bearing capacity on cotton price. On the other hand, large and medium sized enterprises can get cotton import quotas and processing trade in the past few months, and the contract execution pressure is not large. On the 13 day, the US dollar quotations for bonded cotton and shipping cotton were down by 1.20-1.50 cents / pound, but some foreign businessmen and importers believed that the 5-7 month high grade cotton would still be in a tight balance between supply and demand. The adjustment range of Australia cotton, Brazil cotton and high-grade cotton was smaller, and the price of long staple cotton increased steadily for three consecutive days. < /p >
< p > from a global perspective, Vietnam, India, Pakistan and other countries < a href= "//www.sjfzxm.com/news/" > cotton mill < /a > and traders have increased their enquiries for West Africa cotton. Bangladesh has a high degree of concern for cotton linen in West Africa and Uzbekistan and Tajikistan and a slight recovery in the order. < /p >
< p > from the recent dumping and storage transaction, the proportion of foreign cotton transactions in the 2011 year has been kept high, and the transaction price has been continuously high. It has strong support for Port Bonded cotton, customs clearance cotton and far month shipment cotton. In May 13th, 1473.2711 tons of imported cotton continued to be sold in 2011; the maximum transaction price of single bundle was 20780 yuan / ton, and the lowest price of single bundle was 19530 yuan / ton. Industry analysts believe that, on the one hand, some cotton enterprises and even foreign businessmen have taken part in the auction of cotton textile enterprises. The purpose of high bid auction is to sell Port Bonded cotton and customs clearance cotton. On the other hand, in 2013, the national public inspection and purchase and storage of new cotton standards were implemented. Some auction companies bid for < a href= "//www.sjfzxm.com" > National storage cotton < /a > for the purpose of generating futures and matching warehouse receipts. < /p >