The textile market is attributed to the calm, and the market is re-selected.
The recent market is attributed to calm, and the cotton price fluctuations are significantly narrow. It seems that there is a possibility of re-selecting direction, up or down, and the market is still in cautious, thinking that in the case of China-US trade friction, Any black swan and gray rhino events may happen.
After the premature hot frying event, the cotton price is re-stable in the vicinity of 14,800 yuan / ton, which is also the cost of most companies, which is clearly supported. As for the later, it is possible to break, the probability is definitely existing, and certain risk factors have not been released. It is also necessary to explain that now enters the spring farming stage, cotton production is increasing. For agricultural products, the weather is a true topic. The cotton is different from other growth crops, the production period is longer, the greater the weather risk, the weather, the flowering, bud, the spns, the weather is disturbed The risk of uncertainty is brought about by its production.
There is also a special statement in this year. It is worthy of grain and cotton price. Now the grain price is higher than that of cotton. The cotton farmcome will not abandon cotton change. This is not only in China. Situation, and this year this issue is significantly higher than in previous years.
Yesterday, the US Department of Agriculture intended to the cotton area, 2021 US cotton intentive planting area of 12 million acres, less than 1% year-on-year, the land cotton area is 11.9 million acres, the same year is slightly increased, Pimma cotton area is 14.2 million acres , A year-on-year reduction of 30%. Lower than the market expectations, of course, this is just a prediction, how actually, to look at the later data. In addition to the United States, India, Brazil and other countries are also worthy of attention, after all, the output and export volume of these countries are large.
From the perspective of supply and inventory, my country's inventory is still large, and there are still a large number of cotton in Xinjiang warehousing area. It is completely problematic. It is expected that the price of cotton prices is not very realistic. Of course, the possibility of continuing deep decline is not Big, after all, the disc has been digested, and the inventory is not a two-day problem, so the price of cotton prices continues to maintain the interval.
Recently, the European epidemic has a weapon. Many countries extend the blockade time. The US epidemic seems to have started the third upgrade, which is unfavorable to consumption, the same, the fell, the disc is again confirmed, the epidemic control is good or bad Commodity prices have a significant impact.
Regardless of whether the goods are in the bull market or the bear market, there are more space differences in any time, the greater the difference, and only the main contradictions can seize the main melody of the price.
Now the cotton price is stabilized, the author believes this is a good thing, facilitating the purchase of enterprises, the price is big, the company does not dare to release the order production. For future consumption, the author is still full of confidence, two months ago, my country's various economic indicators excellent performance - the industrial added value of the country increased by 35.1% over the same period in 2019, fixed asset investment increased by 35.0% year-on-year, and the total retail sales of social consumption goods The year-on-year increased by 33.8%. Many experts expect that my country's GDP growth rate is expected to exceed 15% in the first quarter, and can even reach around 20%. After the epidemic, the economic operation is good, and the consumer market will have a very good performance. China has already opened a good head to other countries. With the rapid advancement of vaccine, foreign economies will gradually go out.