Zhong Said Cotton: The Recent Rise In Cotton Market Stability

2011/12/15 10:58:00 8

Because of the 13 day of the US market's fall, the 14 day matchmaking, futures and shadow came down, without yesterday's bottom, it gave us the impression that the United States took the domestic market away.

In fact, on the contrary, cotton this year

Quotation

It is the United States that carries the US market.

The state's 19800 yuan / ton purchase and storage price not only protected the cotton farmers in China but also protected the farmers in the United States, so this year's cotton prices are very stable, and the futures that are used to make the wind call the rain have also quietly drawn a straight line.

Unusual calmness often breeds great events. Cotton may rise, but in recent months it will not go up too high.

There are three reasons for this: 1. The rainy days of nearly 10 days this year have caused a lot of decline in cotton quality in the the Yellow River River Basin. It is difficult to find the three grade cotton, and Xinjiang cotton can not be used alone.

2, the storage price has been sealed down may be, cotton planting costs and food

Cotton harvest

It is reasonable to calculate the purchase and storage price by entering ratio, currency depreciation factor and cotton planting willingness.

3, there is a famous saying in the commodity market: "profit is more than profit."

The reason for not falling is going to rise, which is a true portrayal of market psychology.

Of course, the process of rising has always been tortuous.

In the reality of high financial cost, we should advise.

cotton

It is good for processors to sell at a price.

The words of a family are for reference only.