129762943183281250_65Two sessions long on enthusiasm dissipated due to curtain call Bo the cotton crash
Today: closing the opening price highest price lowest settlement price change positions of white sugar 6.856.856.866.846.85-0.011425156 cotton soft white sugar 6.966.956.966.956.950.01119898 East 2.,159,522,025,220,25E,+18021830-355970 2122521645217052122021475-440214 Xinjiang cotton trend analysis: (a) sugar: movements today are more independent, and continued narrow shocks throughout the day, boring of the trend
tera power leveling, k-line cross star collection. (B) soft white sugar: continue sideways today, closing of a sum of more than 600 before handSingle entry makes the k-line collection and a small Sun throughout the day. (C) cotton in East China: two sessions, call today, policy stability is expected to disappear.
Combined with the premier on the real estate market's leading many funds away from the field, Zheng cotton main contract afternoon dive, leading to an enlarged decline in the afternoon, the minimum to $ 21,520, k-line collection and a high Long Black Line. (D) cotton: today whole day continuous shock fall, More than 2% throughout the day, closing Long Black Line k-line formation. Industry news: (a) sugar: Intercontinental Exchange (ICE) raw sugar futures 13th cent higher, as investors to cover short positions.
But global sugar ample supply is expected to remain pressured the price of sugar, Brazil's largest sugar producing areas in the forthcoming harvest in the southern region. (B) cotton: by the end of February 2012, domesticTotal business inventories to 3.43 million tons of cotton (including cotton and into circulation outside of cotton, cotton storage does not include countries), representing 3.25 million tons last month increased by 180,000 tons. Among them, mainland commercial inventory to 2.22 million tonnes; commercial inventory in Xinjiang (not the Xinjiang) 1.21 million tonnes. Production areas in the Mainland, the Yellow River basin in Hebei, Shandong and Henan provinces a total of 1.23 million tonnes in stock, the Yangtze River basinFour provinces of Jiangsu and Anhui labourers in a total of 870,000 tons of stock, other scattered producing 120,000 tons. Spot market: (a) sugar: Jinan brokers quote 6,830 Yuan/ton, price does not change, sales General; Qingdao brokers quote 6,850 dollars/ton, price does not change, sales General; sunshine brokers quote $ 6,800/tonne, quotations unchanged turnover; Green Island brokersSunshine sugar price $ 6740-6800/ton, quotations unchanged; linyi brokers quote 6700-6720 Yuan/ton, price does not change.
(B) cotton: 14th China cotton index rose 328 19
tera gold,575 5; 429 18,755 up 2; 229 20,889 up 8; 527 16,945 rose 6. Actions recommended:(A) sugar: wait for the time being (ii) soft white sugar: wait for the time being (c) cotton: every high short, control positions. (D) East of cotton: every high short
swtor credits, control positions.
Others:
