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Sporadic Orders Are Still The Main Line &Nbsp; The Road To Recovery In Cotton City Is Still Hard.

2011/5/26 16:12:00 58

Cotton Market Piecemeal Order Recovery Road

International news is lively

With the three rating agencies downgrading the credit rating outlook of Greece and Italy, the European sovereign debt crisis is becoming more and more serious, and the US dollar exchange rate has strengthened, and international crude oil and other commodities have fallen, which has put down pressure on cotton futures. Because of the overall global cotton demand, the cotton market is likely to maintain a downward trend in the next few days. Although some of the main cotton producing areas in the United States and China continue to suffer from flooding and drought, cotton cultivation and output are affected, but the actual cotton supply problem has basically come to an end because of the increase in output and stock in other countries.

Domestic bad news echoes.

HSBC yesterday announced that China's PMI preview data at the beginning of May was only 51.1, falling to its lowest level since July 2010.

The preview value further confirms that under the background of anti inflation,

economic growth

Momentum has weakened, the two quarter was supposed to be the most vigorous season for consumer demand for copper, steel and other ferrous and ferrous metals and textile and clothing. If enterprises were large scale to be stocking in the traditional peak season, it would be hard to be optimistic throughout the year.

cotton

In the whole industry, most cotton growers, cotton merchants, and cotton mills have been increasing pressure. In the late stage, under the background of tight funds, the stock is still the main driving force of most enterprises. Due to the difficulty of demand under pressure, and the rumors of textile and garment export tax rebate adjustment, the majority of enterprises will still be tested.

rebound

Quotation.

Sporadic downstream orders continue to lead cotton market

　　近期棉花市場(chǎng)形成相對(duì)暫穩(wěn)的格局，籽棉收購(gòu)雖然較上周有所放緩但較5月上旬仍有小幅增長(zhǎng)，原因在于籽棉成本帶動(dòng)加之期貨市場(chǎng)的波動(dòng)，棉商挺價(jià)心態(tài)有所恢復(fù)，據(jù)卓創(chuàng)了解，部分商家表示因現(xiàn)貨收購(gòu)已有部分贏利，許多前期關(guān)門(mén)棉商重開(kāi)收購(gòu)并且多數(shù)順價(jià)甚至以銷(xiāo)定產(chǎn)(先聯(lián)系好銷(xiāo)售客戶(hù)，再收購(gòu)加工)借此規(guī)避風(fēng)險(xiǎn)，而近期下游少數(shù)棉紗廠在原料庫(kù)存略低并且在棉價(jià)相對(duì)暫穩(wěn)時(shí)刻選擇低價(jià)詢(xún)單，雖然部分棉商針對(duì)低價(jià)惜售但仍有棉商出于悲觀心態(tài)出貨意圖明顯，零星成交自然產(chǎn)生，但整體下游棉紗紡織行業(yè)仍處在自身難保的階段，在資金緊張、消耗庫(kù)存的過(guò)程中仍將在很大程度上壓制對(duì)棉花的剛性需求，零星訂單繼續(xù)引領(lǐng)棉花市場(chǎng)，在大規(guī)模集中性采購(gòu)到來(lái)之前，棉市復(fù)蘇之路仍然艱難。