Cotton Market Daily Review: Cotton Arbitrage Opportunities

< p > American cotton market.

Overnight a href= "//www.sjfzxm.com/news/index_s.asp" > cotton market < /a > closed for Christmas.

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< p > Xinjiang cotton shipped slightly better, platform 2 million 100 thousand tons of cotton to be shipped.

As of December 24th, a week, Xinjiang cotton shipments slightly improved, loading about 200 vehicles, of which the reserve cotton daily shipment of about 190 vehicles.

By the end of December 25th, 2 million 100 thousand tons of cotton in Xinjiang had been stocking up. The storage capacity of reserve cotton increased slightly compared with the previous week.

Due to the windy snow in North Xinjiang last week, the storage of cotton reserves slowed down.

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< p > seed cotton quantity decreased, quality decreased, and enterprise acquisition decreased.

In Heze, Shandong, seed cotton resources are reduced, grades and quality of seed cotton have been reduced, and processing enterprises have to ensure quantity and quality, which has increased many difficulties and reduced the amount of purchase.

The local level 3 seed cotton purchase price 4.3-4.35 yuan / jin (lint 37.5%), unified flower (not less than 35.5%) purchase price 4.00-4.10 yuan / Jin.

The price of local cotton seeds to factories is about 1.2 yuan, about 7600 yuan for cottonseed oil, about 2400 yuan for cottonseed meal, about 870 yuan for cotton shells and about 3600 yuan for short staple.

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< p > seed cotton processing has come to an end.

25, Anhui Wuhu seed cotton purchase price 4.25-4.3 yuan / jin (lint 37, moisture 11 or less), cottonseed price 1.25 yuan / Jin.

Most of the local cotton enterprises have finished processing, and four of them are mainly reserved for storage, and only about 20% of grade three.

A number of cotton enterprises responsible person said that this year Anhui area cotton seed length 27mm occupies the majority, the micronan value C level is more.

The head of a company said that the processing capacity of the local large cotton enterprises was not more than 4000 tons, and most of them made little profit or even lost money.

Mainly because the local cotton enterprises are more, the resources are limited, while the seed cotton purchase price is higher, but the linen is too low.

Second, the price of cottonseed is unstable this year, resulting in little profit from storage.

The local cotton planting has become a habit. If the purchase price is stable at 4 yuan per Jin next year, it will still grow some cotton.

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< p > cottonseed is strong.

26, cotton oil and meal rose temporarily, demand was good, oil factory held more confidence, short staple and cotton shell market was flat, cottonseed purchase was in late stage, resources were hard to find, high quality part was rare, cottonseed price remained strong.

The price of port four soybean oil rose slightly, or less than 50 yuan. The price of palm oil of 24 degrees was basically flat, and the price of 43% soybean meal dropped slightly, with a range of less than 50 yuan.

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< p > cotton yarn market is sluggish and volume is low.

The market downturn is sluggish, the whole cotton yarn trading volume is the lowest in recent years, other yarn and raw material prices are maintained, cotton < a href= "//www.sjfzxm.com/" target= "_blank" > textile < /a > printing and dyeing manufacturers have a significant decline in efficiency.

A textile company in Hubei is able to deliver its compact spun cotton yarn well, with stable prices, combed compact spinning 32 yuan 32000 yuan / ton, 40 reported 33000 yuan / ton, Shandong combed yarn of a textile cotton is shipped well, combed 24 ex factory price 29700 yuan / ton, 32 price 30500 yuan / ton, high price 21 yuan 26100 yuan / ton, 32 price 32 yuan / ton.

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< p > storage and storage of 4 million 890 thousand tons.

On the 24 day, it planned to close and store 95250 tons, with a turnover of 42710 tons.

Within the territory, the planned acquisition and storage of 20000 tons amounted to 20000 tons, and the inland Treasury planned to close and store 75250 tons, which amounted to 22710 tons.

Storage and storage totaled 4894710 tons, and Xinjiang totaled 2218720 tons. The total turnover in the mainland was 1477860 tons, and the total number of backbone enterprises totaled 1198130 tons.

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< p > ZHENG cotton shift warehouse.

26, Zheng cotton continued to narrow the shock, the main 05 contract gravity slightly moved upward, within the day to recover the top three trading day, late diving, closed below the 10 day moving average, the position was greatly reduced.

Far month contracts rose considerably.

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< p > zhengmian 1301 closed at 20150, rose 20 points, 1305 contracts closed at 19240, rose 30 points.

The total turnover was 91 thousand and 600 hands on that day, an increase of 34 thousand and 400 hands compared with the previous trading day, and 4884 hands in 274 thousand positions.

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< p > 26 days, 05 and 01 contract negative price difference is -860 yuan / ton, 25 days for -825 yuan / ton.

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< p > 26 days, 09 and 05 contract negative price difference is -20 yuan / ton, 25 days for -45 yuan / ton.

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< p > 26 days, futures price matching continued to narrow in recent months, to 524 yuan / ton, 25 days in 466 yuan / ton.

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< p > futures far month price is lower than match, price difference is -14 yuan / ton, 25 days in -53 yuan / ton.

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< p > up to December 26th, the number of warehouse warehouse receipts was 495 (19800 tons), 8 less than the previous day, and the effective forecast was 131, with a decrease of 6.

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< p > today, investors move around for a long time.

As the warehouse receipts will be cancelled before the end of next September, the contract will be increased.

If the new cotton is stored in large quantities, if it is not left behind, the stock market will be in short supply after the end of the purchase and storage in March.

Under the pressure of purchasing and storing support and throwing storage, the 05 contract trend is entangled, and the range is narrow.

Therefore, < a href= "//www.sjfzxm.com/news/index_c.asp" > cotton < /a > investors may consider selling 05 to buy 09 arbitrage operation.

Continue to focus on policy.

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