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In May 16Th, The Cotton Blending Rate Increased &Nbsp;

2011/5/17 8:57:00 60

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Cotton Prices Increase

In May 16th, the whole country

Cotton trade

Market merchandise cotton electronic matching paction

Deal

19200 tons, a decrease of 2560 tons compared with the previous trading day, and an increase of 3980 tons of orders.

Order goods

The quantity is 70800 tons.

13 day ICE cotton

market

In addition to the recent contract increase in July, other contracts have declined in varying degrees. In July, the settlement price of the contract was 145.15 cents / pound, up 85 points, and the December contract was 115.61 cents, or 358 points.

The largest cotton area in the United States appeared favorable rainfall in Dezhou.

On the same day, it continued the upward trend of the weekend. The contracts fluctuated around 24500 yuan. NA's monthly contracts rose sharply, which was dragged down by spot prices. The contracts remained basically unchanged in recent months; the MA1108 contract ended at 24615 yuan, up 376 yuan; in recent months, the MA1105 contract closed at 24190 yuan, up 7 yuan.

The paction volume decreased slightly, and the order volume continued to increase significantly.

May 16th matched the following characteristics: first, the volume of pactions was reduced, the total turnover was 19 thousand tons, MA1108 single contract volume reached 10880 tons, more than half of the total turnover of the day, the August market is still the focus of competition for the market; two, the order volume increased sharply, MA contract volume in the past month to the contract contract, the main MA1108 contract increased by 4080 tons a day, the market share differences intensified; three, MA average monthly contract price rose sharply, the lowest price in the contract was 23300 MA1110 contract, the highest price was MA1108 contract 25000 yuan, MA1107 contract 24743 yuan average price is in the first contract.

As of May 15th, the national cotton trading market

business

277228 tons of cotton, a decrease of 1931 tons compared with the previous day, of which 31232 tons of public inspection cotton, 1388 tons less than the previous day, declared 1796 tons of cotton for public inspection, increased 142 tons compared with the previous day.