External Trend: Zheng Cotton Fell Slightly, Sorting Volume Decreased Slightly.

Domestic trend: Recently, Zheng cotton 1309 contracts have been slightly reduced, finishing a small Yang K-line.

The opening price was 20100 yuan / ton, closing at 20140 yuan / ton, down 50 yuan / ton compared with the previous trading day, the highest price was 20180 yuan / ton, and the lowest price was 20075 yuan / ton.

Trading volume decreased slightly, and positions increased by 80 to 132618 hands.

< p > external trend: cotton futures fell third days on Friday. This week recorded the biggest weekly decline in nine months, because speculators continued to lock in profits after cotton prices hit a one-year high during the months of upward trend.

This week, the a href= "//www.sjfzxm.com/news/index_q.asp" > cotton price < /a > fell nearly 6%. Before Thomson Reuters reported that China and India planned to sell some of the national cotton reserves to help stabilize domestic prices.

Last Friday, the most active ICE-5 month cotton contract fell 0.91 cents, or 1.03%, at 87.29 cents a pound, the lowest since March 12th.

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< p > < strong > message: < /strong > /p >

< p > 1 and 2012, the total spinning yarn of Xinjiang textile enterprises was 390 thousand tons, which was basically the same as that in 2011, and the operating rate was about 60%. In the whole year, the a href= "http://sjfzxm.com/DESIGN/designer/index.asp" > lint < /a > consumption was about 430 thousand tons, and the overall operation condition of the textile enterprises had not improved.

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< p > 2, Pakistan < a href= "//www.sjfzxm.com/news/index_z.asp" > textile > /a > Ministry of industry notified to the Standing Committee of the Senate on 21 March. The cotton planting area in Pakistan will reach 8 million acres in the 2014 fiscal year, an increase of about 1 million acres compared with the previous year. Cotton production is expected to be 14 million 100 thousand bags, an increase of about 800 thousand bags compared with the same period last year.

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< p > spot: cotton index 328 price is 19370 yuan / ton, up 2 yuan / ton compared with the previous trading day.

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< p > < strong > conclusion: < /strong > < /p >

Less than P, the US cotton has been reduced by the profit of many speculators, and China and India are planning to throw and store down the cotton market.

Technically, Zheng Mian 1309 contracts to maintain shrinkage, and the short-term average is sticky combined to suppress the price. It is expected that the price of the future price will still need to be adjusted.

Operation, investors can be short in the 19800 - 20500 yuan / ton interval high throwing low suction.

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