Listed or will bring up an opportunity - of the crop Textile information - Textile net - Textile integrated service provider

In September, cotton new market at the start of the year, American cotton market volatility. American cotton futures rose sharply due to the impact of the hurricane in once, but then rapidly in the United States department of agriculture report negative pressure test. The early stage of the domestic zheng cotton futures by American cotton rose and national cotton reserves auction clinchs a deal good, also walked out of a wave of high prices, attack on main 1801 contract once to above 16000 yuan/ton, while under the influence of cotton rapid fall in the United States this week and fall, but the overall market is still showed the trend of strong characteristics. From global cotton market overall supply and demand conditions, influenced by 2017/18 global cotton production is expected, the new annual global cotton the overall supply and demand more relaxed, the difficulty of the international cotton prices continue upward the range is increased. According to the U. S. department of agriculture report monthly supply and demand in September, 2017/18 global cotton production is expected to reach 26. 29 million tons, 13% increase over the previous year, American cotton production is expected to be 473. 70000 tons, 27% increase over the previous year, China's cotton production is expected for 533. 40000 tons, nearly 8% year-on-year increase. The latest report negative influence to the United States department of agriculture, which leads to the American cotton futures to appear in this week, but the market thinks, hurricane damage to the American cotton crops, before may also reflected in the report. Domestic country national cotton reserves of bidding, the auction will end at the end of September, from the current transaction, Sept. 11, national cotton reserves round out of total 284. 250000 tons, the conversion rates for 71. 38%. Since early August, national cotton reserves clinch a deal the proportion continues to improve, the market purchase enthusiasm to improve at the same time, the public prosecutor also brings high pressure. To alleviate the pressure of the public prosecutor, listed into the national cotton reserves after September number significantly lowered, GuaPai a quantity minimum once fell to 2. 50000 tons. At the same time, on September 3, two department issued a 'about 2016/17 annual announcement of the relevant matters of national cotton reserves round, points out that during the period of September 4 to 29 out of the sun's disc, allowing only cotton textile enterprises participating in the bidding, and only for private use, prohibited traders participate in the auction, according to the relevant departments of the fear of cotton insufficient resources, but also reflect the market supply tight signal before the listing of the crop. The smooth operation of the national cotton reserves and round out late for domestic cotton market to inventory, play a positive role, at the same time will be on New Year's cotton prices pose a greater support. According to the current auction the progress of the calculation, the wheel storage volume or the end of September can reach 3. 2 million tons, which is expected to 2016/17 Chinese cotton final inventory will fall below 10 million tons, 9. 5 million tons, below the market and the United States department of agriculture report predicts 10. 54 million tons, and 2017/18 for the final inventory forecast will be lowered. From the perspective of a listing of the crop related situation, on the one hand, the crop listed initial purchase price is high, 6 from begin business. September 8, 8 yuan/kg, to the national average purchase price rose to 7. 36 yuan/kg, or 3128 b cotton 16032 yuan/ton. The market had expected, on the other hand, the national cotton crop to grow this year, is now in the harvest, the real production conditions and is expected to have much difference in the end, will be the truth, once the yield less than expected, purchasing subject and as the price as the last of the crop will greatly increase the possibility of the takeover, which will also be on the price of futures disk constitute a larger positive effect. Overall, while us cotton futures by new annual global cotton production pressure increases, but as a result of hurricane damage to the cotton crop, it is not very clear, the need for further evaluation. And domestic market, the state reserve round out the clinch a deal, enthusiastically release strong demand signal, listed acquisition processing will enter the peak of the crop at the same time, will can bring certain domestic cotton prices rose.