Outside Cotton Quotation Center Of Gravity Shift Slightly Upward, Bonded Cotton Also Need To Wait Patiently For Opportunity.

P > 9 and 10 on July, the center of the center of cotton quoted price shifted slightly. In 2012 of the year, western Africa cotton, American cotton and Brazil cotton rose slightly, reaching 0.50-0.60 cents per pound. The price of Uzbekistan cotton rose 1.30-1.50 cents per pound, the adjustment range was far higher than other producing areas. On the one hand, the Southeast Asian countries, including Vietnam, have recently increased the inquiry and purchase of the cotton, the main import channel of the high grade cotton, on the other hand, the domestic weather situation in Uzbekistan is not ideal, and the cotton production and quality are increased, and the rapid growth of its domestic consumption is also a major reason supporting the a href= "//www.sjfzxm.com/news/index_cj.asp" > cotton price < /a > uptrend.

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Cent / pound, most cotton textile enterprises can purchase cotton imports by issuing letters of credit to relieve the pressure of cash flow. However, as downstream and traders continue to lower cotton prices, the downstream consumer market is showing signs of weakness, coupled with the expectation of China's start of the second round of sale of cotton reserves in August, the turnover of the middle and lower grades of India cotton and American cotton is still very cold. Some foreign businessmen believe that the paction will gradually recover until at least 8 mid September. Considering that after September, the Chinese government has started to purchase high prices, and the general tariff quotas will be valid until the end of December this year. Therefore, most enterprises with quotas will choose to use quotas before mid December, and bonded cotton will still have enough opportunities to enter the Chinese market. < p > although general trade < a href= "//www.sjfzxm.com/news/index_f.asp" > cotton < /a >, the pfer price of import quotas has dropped significantly, and the price of cotton quotes and cotton enterprises and traders' psychological prices are expected to drop to 2-3.

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< p > July 9th, ICE disk generally rose in the external grain market, and the new cotton seedling situation in the United States became worse and the US economic data continued to be optimistic about the cotton price formation. The main contract always stood at 85 cents or more, but the signs of weakness and downtrend were obvious. The short term would be adjusted at 83-85 cents. Both sides waited for the USDA forecast report on Thursday. On the other hand, it was clear that the policy of waiting for China to purchase and store in 2013 and whether it would continue to sell cotton reserves after July, so the short-term fluctuation would be reduced.

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< p > industry expects that China's consumer buying is expected to increase after the end of July. At the same time, China will continue to implement the 20400 yuan / ton open storage policy and the relatively strong consumption of cotton in Southeast Asian countries such as India and Pakistan. It will support ICE to enter the rebound channel. The main force contract in September and September will be tested for 88-90 cents.

It is reported that the main quotations and pactions of foreign businessmen now focus on the 2013 cotton and India cotton in November and after the shipping date, as well as the 2013 Australian cotton and other a href= "//www.sjfzxm.com/news/index_s.asp" > bonded cotton short term < /a >.

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