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Cotton: Increased Volume In August 30Th

2010/8/30 17:06:00 40

In August 30th, the whole country

cotton

Trading market commodity cotton electronic matching pactions 33520 tons, compared with the previous trading day increased by 14240 tons, all MA contracts.

The order quantity increased by 9680 tons, and the total order quantity was 166340 tons.

27 days ICE cotton narrow fluctuation, the recent October contract closed at 89.03 cents / pound, fell 21 points, the main contract in December 86.07 cents / pound, down 8 points, the market hit the new high point in the past two years, the same day continued to last week's upward trend, the main contract opened up higher and higher, the MA1009 contract closed at 18675 yuan, up 22 yuan; MA1101 contract at 17520 yuan, up 130 yuan; the day of matching pactions increased substantially, the order volume increased nearly 10000 tons; the lowest price was MA1101 contract 17105 yuan (328B), the highest price was MA1009 contract 18760 yuan.

Today's matching has the following characteristics: first, the day of matching pactions increased significantly, the reduction of 74%, far MA1101 contracts have been sold in the past ten months, MA1009 in recent months

MA1010

The contract is also relatively active volume of more than 5000 tons; two, the order volume continued to increase significantly to 9680 tons, MA monthly contract orders increased, the main contract MA1101 single day

Additional capacity

More than 4000 tons, matching orders have increased sharply for 8 consecutive trading days. With the continuous rise of prices, market divergence has increased. Three, the average price of MA contracts continues to rise, and the trend is near weak and far stronger. The average contract price of 4 contracts in MA COSCO is maintained at 17500 first line. The contract price of MA1009 is at the top of the contracts, with a price difference of 864 yuan compared with the second high price MA1010 contract. Four and today's China cotton price index 328 level 18018 yuan / ton, compared with the average contract price of MA1009 in recent months, the price is lower than 690 yuan.

As of August 29th, cotton production in the national cotton trading market was 19103 tons, a decrease of 1418 tons compared with the previous day, of which 9382 tons of public inspection cotton, 351 tons less than the previous day, and 475 tons of cotton for public inspection were reduced by 127 tons compared with the previous day.

[related information] in August 30th, China's cotton price index fell 7 yuan to 18018 yuan; in August 30th, the middle price of the US dollar exchange rate in the inter-bank foreign exchange market was RMB 1 yuan to RMB 6.6694 yuan.