Analysis Of Market Trend And Development Trend Of Zheng Cotton

< p > because of the government throwing and storing new cotton in the 2012 year, the market structure of China's < strong > a href= "http://cailiao.sjfzxm.com/Matertial/show/machine_index.aspx" > cotton < /a > /strong has undergone subtle changes.

It is no longer the problem of lack of 2012/13 high-grade cotton in the market, but whether it can enter the circulation of the futures market.

At present, the competent authorities are bound by the terms of the contract of sale. The validity of the terms of the contract depends on the comparison between the cost and the profit of the buyer.

Last week, the Central Cotton store issued a notice announcing that the new round of cotton reserves will end in July 31, 2013, including the 2011 part of the year's import cotton and 2012 temporary storage and storage of cotton, allowing the mainland's "a href=" //www.sjfzxm.com/ "target=" _blank "> textile < /a > the two aspects of the purchase of cotton stored in the Xinjiang area, and these macroeconomic factors also play a decisive role in the market situation of Zheng cotton.

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< p > April 19th, < strong > a href= "http://cailiao.sjfzxm.com/Matertial/show/Garment_Accessories.aspx" > ZHENG Mian < /a > /strong > CF309 contract opening price 20180 yuan, the highest price 20185 yuan, the lowest price 19860 yuan, closing price 19885 yuan, settlement price 19980 yuan, fell 205 yuan; CF305 contract closing price 20300 yuan, settlement price 20400 yuan, fell 190 yuan; total turnover 349816 hand, accumulative position 201504 hand, increase 20400 hand.

On the same day, the national cotton (19955, -25.00, -0.13%) price A index (CNCottonA) 20140 yuan (per ton, the same below), fell 3 yuan; B index (CNCottonB) 19311 yuan, down 3 yuan.

Despite the weak macroeconomic environment at present, domestic cotton prices remain firm. This is not only benefiting from the support of China's purchasing and storage factors, but also gradually improving its supply and demand side is also accumulating energy for the late cotton price.

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< p > at present, Zheng cotton has not yet fallen below the concussion interval, with a strategic hold of 09, and temporarily stops at 20180 yuan / ton.

Monday to Thursday run between 20000~20249 yuan / ton, although the commodity market fell on Monday to Tuesday, but Cheng cotton did not lose too much because of the cold business.

Since then, the commodity has rebounded, and Zheng cotton has rebounded slightly, but Zheng cotton has always been trading lightly.

Cotton planting area increased in Xinjiang, and the auction of new cotton in the 2012 year of April was the highest in April. The demand for downstream enterprises has not been boosted up, while the supply of cotton market is relatively adequate, and sales of cotton yarn are also weak.

Friday's downhill break to below 20000 yuan / ton closed below technical support.

Zheng cotton is vulnerable to shocks.

Zheng Mian 09 supports 19650~19663 yuan / ton, resistance 20104~20124, 20210~20218 yuan / ton.

Zheng cotton 1309 fell 25 points to receive 19955 points, holding 5240 to 149694 hands, 96574 hands.

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< p > on the influence factors of Zheng cotton, macroeconomic and international strong < a href= "http://cailiao.sjfzxm.com/Matertial/show/default.aspx" > cotton price < /a > /strong > the domestic market has gradually weakened, while the domestic market, the spot market performance is mediocre, the industrial policies dominate the market price. From the keynote of the NDRC, Zheng cotton will remain stable, and will maintain the finishing trend in the short term, suggesting that investors should operate in a short or intraday way.

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