Home >

July 31St Cotton Trading Market Matchmaking Trading Nearly Fell Far

2010/7/31 16:40:00 102

In July 30th, the whole country

Cotton trading market

The electronic matchmaking trading of commercial cotton reached 19020 tons, an increase of 9660 tons compared with the previous trading day, of which 100 tons of MD contracts were completed, and the rest were all MA contracts.

The order quantity is reduced by 2900 tons, and the total order quantity is 141500 tons.

29 days ICE

Stage cotton

In the ICE period, cotton stocks closed slightly higher in December, and the contracts in December closed at 76.91 cents / pound, up 60 points. In the domestic side, because of the basic implementation of the August policy of dumping and storage, although the relevant rules and regulations have not yet been promulgated, the short-term market will increase a considerable amount of cotton resources. It has been confirmed that the concussion of the contract has been lower in the recent months, and the contract has been significantly higher in the recent months under the support of overdraft of resources. In recent months, the ICE contract has closed at 18720 yuan, falling 105 yuan; the MA1010 contract has closed at 17055 yuan, falling 50 yuan; on the same day, the volume of trading is relatively moderate, the order volume continues to decrease significantly; the lowest price is 16300 yuan (328B), and the highest price is MA1008 contract 18710 yuan. Ping Kai, a slight rise in early trading, to maintain concussion, the dollar index weakened to stimulate the external commodities generally strong upward trend, registered inventory continues.

The match has the following characteristics: first, the date of the paction is enlarged, which is 2 times the total turnover of the previous trading day. The three contracts before the paction were still the main force of the paction, and the sum of the three contracts accounted for 80% of the total turnover of the day. Two, the order volume continued to decrease, and the MA1008 contract significantly reduced the warehouse volume of 3720 tons in recent months. The traders continued to liquidate their positions and wait for the situation. The average price of three and MA contracts fell far and wide. The average price of the MA1008 contract was the highest in the contract with 18757 yuan, which was 819 yuan higher than the contract price after the second high price MA1009 contract. Today

As of July 29th, the national cotton

Trading market

Business cotton 40427 tons, 1544 tons less than the previous day, of which 10244 tons of public inspection cotton, 304 tons less than the previous day; declare cotton 1523 tons of public inspection, compared with the previous level.

On the same day, 90 tons of cotton were put into operation, of which 90 tons were Xinjiang cotton and 1592 tons were exported.

[related information] in July 30th, China's cotton price index fell 8 yuan to 18230 yuan; in July 30th, the middle price of the US dollar exchange rate in the inter-bank foreign exchange market was RMB 1 yuan to RMB 6.7750 yuan.