Cotton Enterprises Have Yet To Recover From The Test Demand.

December 2014 11-17, cotton in China market The price declines. The average price of the national cotton price A index (CNCotton A), representing the price of 2129B cotton in the mainland, is 14062 yuan / ton, down 227 yuan / ton compared with last week. The average price of B index (CNCotton B) of the national cotton price on behalf of the mainland grade 3128B cotton price is 13437 yuan / ton, down 251 yuan / ton.

At the end of the week, the acquisition of domestic seed cotton came to an end. Among them, the mainstream purchase price of cotton seed in the mainland was 3.00-3.15 yuan / Jin interval, and the purchase was mostly dominated by flower production. Xinjiang cotton area is cold and cold, and seed cotton sale is blocked. The flowers are mainly flower and frost. There are more impurities, more stiff valves and dark colors. The mainstream price is 5.60-6.00 yuan / kg. The manufacturers mostly quote cotton linen quotes, and cotton enterprises buy sporadically, and the daily purchasing amount is 3-5 Jin Jin. At present, cotton enterprises have shifted their focus of work to Sale Lint.

When Zhou's inquiry was increased with cotton enterprises, local cotton prices rose slightly, but there were not many actual transactions. Some small and medium-sized cotton mills in the mainland have made inquiries, purchased machine picked cotton from the warehouse in the mainland, and quoted 13400-13500 yuan / ton in the North China machine driven cotton warehouse. The price of machine picked cotton in the southern Xinjiang is slightly higher than 100-200 yuan / ton. However, because of the large impurity of machine picked cotton and the high reversion of lint cotton, most cotton mills require public settlement, and the price is concentrated at 14000 yuan / ton. Hubei, Anhui and other places because most of the cotton enterprises have stopped, strong price intention, real estate cotton spot quotation slightly increased, including Hubei, Wuhan, Jingzhou and other 3128 lint price 13300 yuan / ton, 2227 level price 13000 yuan / ton, all up 100-200 yuan / ton last week.

During the week, the demand for pure cotton yarn had not improved significantly. The high and medium count cotton yarn had been kept on demand, and the shipment of low count cotton yarn was still unsmooth under the impact of imported yarn. The best varieties are mainly spun yarns and Combed Yarns, while the combed yarn is still in the market except 32 or 40. Other yarn is not well shipped, and sales are stagnant. Near the end of the year, although there is a certain demand for stocking and stocking in downstream factories, its strength is limited and it is difficult to support the market of cotton yarn.

In December 17th, under the anticipation of the Fed's interest rate increase, the commodity market responded quickly, and the ICE cotton oscillation rebounded. From the technical perspective, the resistance above cotton price is obvious, and it will continue to consolidate near 60 cents in the short term. At the end of the year, the peak season of consumption led to a slight improvement in sales and a relatively low volume of imported cotton to Hong Kong. Cotton market More profits appear, but the supply of new cotton concentrates is still loose, and spot trading is light, yarn demand has not yet recovered or affects the purchasing enthusiasm of textile enterprises, and short and short term factors are intertwined. In December 17th, Zheng cotton futures opened high, followed by a low oscillation, ending down, and the short and short term game was in full swing, oscillating or continuing.