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China's Cotton Market Matchmaker November 4Th Rise

2010/11/5 11:14:00 62

In November 4th, the whole country

Cotton trade

The electronic matchmaking trading of commodity cotton in the market was 73620 tons, 26100 tons less than 3 days, the order volume increased by 18200 tons, and the cumulative order quantity was 159820 tons.

Composite media November 4th, 3 ICE

Cotton market

Intraday concussion, the end of the market rose again, the recent contract settlement price in December was 135.52 cents / pound, up 126 points, 1103 months contract 131.66 cents / pound, up 221 points; the day of matching contracts opened up concussion, and the competition for air and space was fierce. In addition to the MA1011 contract fell in recent months, the remaining contracts of MA rose by 100 yuan. The closing price of each contract reached an all-time close to 30300-30700 yuan. In recent months, the MA1011 contract closed at 30620 yuan, or 403 yuan, while the main MA1103 contract closed at 30370 yuan, up by 103 yuan.

The volume of pactions was huge, and the order volume continued to increase.

Matching the following characteristics: first, the volume of pactions on a daily basis is larger than 70 thousand tons, and the total volume of contracts for each month is MA1103 or MA1104, which is more than 20 thousand tons. The total turnover accounts for nearly 7 of the total turnover of the day. Two, the volume of orders has increased significantly, the contract volume has increased significantly in the far month, two tons of contracts have been increased by 17360 tons, and the far month market has been concerned by the market. The average price of three months and MA contracts continues to rise, the average contract price of each contract is close to 30382-30659 yuan, the lowest price of the contract is MA1101 yuan, the maximum price of the contract is 30300 yuan, the highest price is MA1102 contract 30900 yuan, and the average price of MA1012 contract is at the head of the contract. Today

As of November 3rd, cotton business in the national cotton trading market was 37382 tons, an increase of 1079 tons compared with the previous day, of which 513 tons of cotton for public inspection and 197 tons for the previous day; 979 tons of cotton for public inspection, an increase of 71 tons compared with the previous day.

Same day

business

The amount of cotton in storage is 1621 tons, of which Xinjiang cotton is 131 tons in storage and 415 tons in storage.

In November 4th, China's cotton price index rose by 210 yuan to 27911 yuan; in November 4th, the middle price of the US dollar exchange rate in the inter-bank foreign exchange market was RMB 1 yuan to RMB 6.6708 yuan.