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In The Third Week Of December 2010, The Price Of Raw Cotton Rose In Consolidation.

2010/12/20 15:04:00 155

Cotton Price Consolidation In The Third Week Of December

Cotton market narrowed and consolidation, purchase and sale stalemate, turnover decreased; chemical fiber raw materials were sluggish, prices still showed a weak downward trend; gauze Market was depressed, and the price continued to decline. In the third week of December, the market of flower gauze still did not get out of the dull and dull trend.


Affected by the increase in cotton imports and yarn production in November, ICE cotton appeared good at the beginning of the week. It rose on the 13 and 14 days. The main force of the 14 main contract rose 145.97 times in March. New York cotton season favorable noodles also promoted the domestic cotton market trend, early Zhou zhengmian futures, electronic matching cotton prices also rose. On the 16 day, ICE cotton increased again, pulling the domestic cotton futures, electronic matching and other cotton prices also slightly higher. But on the whole, in the domestic cotton market of "high price operation", facing the reality of yarn stock increasing in spinning enterprises, the stalemate of buying and selling still forced the cotton price to return downward. On Wednesday, cotton prices in cotton cities were slightly callback, and the volume of trading was still decreasing. Although the price of domestic spot cotton market is "stable", it has not declined. In fact, it is also a situation in which cotton manufacturers are unwilling to sell at a low price, and cotton mills are unwilling to raise prices to buy the opposite confrontation and deadlock. Relatively speaking, the demand for high-grade raw cotton is good, and the price is slightly higher.


2010 Raw cotton prices for third weeks in December Though in Consolidation There was a rise or fall, but overall there was a slight increase, for example, electronic matching 1101, zhengmian futures 1101, CCindex328 rose 298 yuan / ton, 290 yuan / ton, 396 yuan / ton respectively. New York cotton period 1103, FCindexM rose 13.15 cents / pound, 9.60 cents / pound respectively.


From the third weeks of December 2010, such as "Zheng cotton futures" and "electronic matching", the price of "near and far down" shows that the "value levers" of unbalanced supply and demand in the domestic "high price" cotton market are still secretly pushing the price trend of the cotton market in the middle and long term. Is the "near falling" and "far rising" all just "false", or is there both "true" and "false" or "hidden"? But no matter what, it is the other manifestation of the current mentality of the buyers and sellers and the market chaos in the cotton market in China. The terminal consumer market is the fundamental reason why the price of chemical fiber raw materials and gauze is still difficult to pick up in the third week of December 2010. Compared with last week, although chemical fiber raw materials continued to decline, but the decline narrowed, polyester staple fiber decreased by 400 yuan / ton, viscose staple fiber total decrease of 1300 yuan / ton, respectively, less than last week, 50 yuan / ton, 500 yuan / ton. The decline of pure cotton yarn was narrowed than that of last week. C32SD cotton yarn decreased by 600 yuan / ton and JC40SD cotton yarn decreased by 400 yuan / ton, 1500 yuan / ton less than last week and 1600 yuan / ton respectively. Polyester / cotton blended yarn is depressed by the price of polyester staple fiber, and the price of blended yarns of different blending ratio is also different. For example, T65/C3545SD has decreased by 800 yuan / ton, but the OE yarn of high polyester blended ratio is slightly better. The price of cotton yarn is still weak. Although the price of grey cloth has not been marked down, the transaction price has declined in varying degrees due to varieties. (see: Flower gauze price movement trend schedule)


In the later stage, where the cotton market will go, we need to pay close attention to it and grasp it at any time. In particular, some "changes" in domestic and foreign financial policies may trigger the "fluctuation" of cotton market chain, which is the focus of particular attention. However, judging from the current market trend, both the buyers and sellers in the industry are losing confidence in the market and wavering and wait-and-see mentality. Before the new year, the market of gauze will continue to fluctuate and stabilize smoothly.

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