Analysis Of The Latest Market Trend Of Cotton Market

< p > < strong > cotton daily: the warehouse receipt is hard, < a href= "//www.sjfzxm.com" > ZHENG Mian < /a > callbacks are repeated < /strong > /p >
< p > main points: collection and storage progress: the last week before the Spring Festival is closed. < /p >
< p > spot market: as the Spring Festival holidays are approaching, the spot market of lint remains stable and has no market price. Some cotton enterprises have finished the processing of seed cotton, and all the seed cotton pits have been closed. Cotton side, the oil factory shut down, the cotton market is relatively stable. It is reported that some cotton enterprises are optimistic about the market outlook of cotton byproducts. On the 5 day, China's Cotton (19860, -290.00, -1.44%) price index (CCIndex328) 19276 yuan / ton, fell 1 yuan, 527 cotton to plant average price 16921 yuan / ton, fell 1 yuan. < /p >
< p > warehouse receipt Daily: on the 5 day, the number of warehouse receipts for cotton futures in Zhengzhou merchants continued to decrease, of which the number of warehouse receipts was 311, which was 18 fewer than that of the previous trading day. The effective forecast number was 34, which was unchanged from the previous trading day. < /p >
< p > main position: 5 days, Zheng cotton < a href= "//www.sjfzxm.com/news/index_s.asp" > futures < /a > main positions continued to increase, and the concentration of positions increased further, of which the top 20 main players increased 2536 to 83259 hands, the first 20 shorts increased 2684 to 119562 hands, and clearance increased to 36303. < /p >
< p > operation strategy: overnight ICE period cotton ups and downs, the contract fell slightly in recent months, domestic storage and storage work suspended, enterprises began to vacation, spot trading was light, capital attention to the futures market was not reduced, the main position continued to increase headroom. Yesterday, Zheng cotton went up and down. At present, warehouse receipts are still few reasons for the long stay. < /p >
< p > < strong > cotton Morning Post: Zheng cotton is not easy to fall < /strong > /p >
< p > for the Zheng cotton market, the important point is that after the entry of high-grade cotton into the national reserve, the warehouse receipts of cotton (19860, -290.00, -1.44%) become limited, which has become an important reason for the long majority. In this process, buying is not to buy cotton, but the meaning of Zheng cotton market as a "trading channel" is weakened, and in the short term it is also a battleground. Once war starts, it has little to do with the reasons for the shooting. Although both 1305 and 1309 are in the period of storage and purchase, the author believes that during the period of storage and withdrawal, the significance of CF1305 as a "selling channel" is obviously better than that of storage. CF1305 contracts in the 19500-20500 major sections, capital confrontation means strong, basically do not have channel significance, which also determines the decline of Zheng cotton is not easy. < /p >
< p > < strong > cotton Morning Post: before the festival, wait and see < /strong > < /p >
< p > ICE overnight, the US cotton is near weak and strong, and the contract has fallen slightly in recent months. < /p >
< p > domestic, zhengmian (19860, -290.00, -1.44%) opened and closed in a narrow range, and fell slightly. Near the Spring Festival holiday, the spot market of lint remains stable, and it is at a price free market trend. Some cotton enterprises have finished processing all kinds of seed cotton, and no longer produced before the year. Cotton vice market is relatively stable, it is reported that part of the a href= "//www.sjfzxm.com/news/index_c.asp" > cotton enterprises < /a > optimistic about the market outlook of cotton byproducts. Downstream, dealers are busy collecting accounts, and the volume of yarn is light. < /p >
< p > operation suggests pre - Holiday watch or intra day trading. < /p >