Cotton: A Shrinkage Of &Nbsp In February 25Th; Large Reduction In Orders.

In February 25th, the cotton trading market of the national cotton trade reached 19420 tons, which was 7540 tons less than the previous trading day, and the order volume decreased by 4620 tons.

During the ICE period, cotton fell sharply after a big crash, but it fell again in May and July. In December, the contract fell to 501 points, and the December contract fell by 501 points. In May, the main contract reached 3 700 point range downgrades, which fell more than 24%; the external market continued to decline, and the majority of contracts still continued to open up in the first half of the day. After that, the market was wide and volatile, and the average price of the contracts continued to fall sharply. The recent contract fell by more than 1000 yuan. The main MA1105 contract closed at 30500 yuan, down 939 yuan. In recent months, the MA1103 contract accepted at 29965 yuan and fell to 1235 yuan. The lowest price in the contract was MA1103 yuan, the lowest price was 29965 yuan in the contract, and the highest price was MA1103. 24, the external market continued to show weakness, and crude oil also fell.

Today's matching has the following characteristics: first, the volume of trading is reduced to less than twenty thousand tons on the same day, of which the main MA1105 contract volume is less than eight thousand tons. In the far months, MA1108 contract volume is still at a low level of more than 100 tons; two, the order volume has been substantially reduced, of which the main MA1105 contract orders have been reduced by nearly three thousand tons, while the rest of the contracts are generally reduced, and only the far month contract MA1108

As of February 24th, the whole country

[related information] in February 25th, China's cotton price index fell 67 yuan to 30298 yuan / ton; in February 25th, the middle price of the US dollar exchange rate in the inter-bank foreign exchange market was RMB 1 yuan to RMB 6.5757 yuan.