Home >

Cotton Prices Rose Seasonally &Nbsp; Medium To Long Term Trend Or Box Shock.

2012/3/5 18:01:00 40

Cotton Clothing Prices Rose Orders

  

Zhengzhou

Commodity exchange

cotton

CF205, the main commodity of futures, rose 3.70% in January this year, though it was not a big increase, but its performance in large agricultural products was remarkable.

For cotton futures prices rose, analysts believe that it is a seasonal performance, affected by the state's purchase and storage and clothing industry downturn, cotton prices in the lower and upper reaches of 2012 are basically determined, the overall trend will be the shock of the box.


In February, CF205 fell softer in the morning of February 1st and February 2nd.

clothing

Textile enterprises have started their orders, and cotton prices are expected to rebound.


For cotton futures prices in the past month's rise, Chinese analyst Wang Qianjin believes that there are generally the following factors. First, cotton prices have been fully adjusted in 2011, and cotton prices have dropped by about 50%. In the past six months, cotton prices fluctuated at a price of 20000 yuan per ton.


Another main factor supporting cotton prices is the open purchase of cotton by the state. It is estimated that the country has acquired more than 250 tons of cotton. China's cotton output in 2011 is about 7 million 300 thousand tons, and the proportion of cotton storage and storage accounts for a large proportion of total cotton output. Moreover, the cotton stored in these stores will not be put into the market in the short term, which means that the supply of cotton will be reduced, which will effectively support cotton prices.


The world's cotton supply and demand report released by the US Department of agriculture in January 12th showed that China's cotton purchase and storage is expected to reach the size of 12 million packages (Bale) (1 packets equals 0.218 tons), or about 260 tons. It is estimated that China's cotton inventory will reach 3 million 713 thousand tons in the 2011/12 market, ranking first in the world.

It accounts for 29.2% of global cotton stocks.


On the other hand, cotton prices plummeted in 2011, cotton efficiency decreased, farmers' enthusiasm for cotton planting was frustrated. It is estimated that the planting area will be reduced by 10% in 3-4 cotton planting this year. If the cotton yield is constant, it means that China's cotton output will be reduced by 70-80 tons.


These two factors superimposed, become the main driving force to promote the recent strong rise in cotton prices.

The head of a textile enterprise believes that the price quotas of cotton and other textile raw materials have shown a certain regularity over the years. That is, during the period before the Spring Festival, because of the year-end inventory, many enterprises will choose to clear the goods, and the price of cotton will decline. After the spring Festival period, especially after the textile enterprises begin to start, cotton prices will show a wave of rising prices, which is a seasonal manifestation. It does not mean that the supply and demand situation of cotton has undergone fundamental changes.

  • Related reading

The Trend Is Ahead Of &Nbsp; Luxurious Fur Is Unbeaten.

Fabric accessories
|
2012/3/3 18:21:00
41

East Asian Futures: Cotton Intraday Concussion, Short Term Or Continue To Fall

Fabric accessories
|
2012/3/2 17:48:00
44

Microfiber Leather Will Lead The Development Direction Of Safety Footwear Industry

Fabric accessories
|
2012/3/1 11:31:00
221

Review Of Best Selling Fabrics In China'S Cotton Weaving City In The Second Half Of February

Fabric accessories
|
2012/3/1 11:12:00
42

2012/2013 Color Trend Of Autumn And Winter Fabrics

Fabric accessories
|
2012/2/29 16:46:00
72
Read the next article

Model Underwear Fashion Show In Europe And America 2012