本周,指标12月合约较3月合约转为溢价,周三溢价从周二的0.03美分扩阔至0.19美分,上周五为贴水0.44美分。美国农业部(USDA)周二在每周作物生长报告中公布称,截至8月31日当周,美国棉花生长状况为优、良以及普通的比例为84%,上年同期为77%。交易商关注美国农业部下周公布的月度供需报告,市场广泛预计报告将显示,美国棉花产量预期将被小幅下调。
According to Chinese downwind cotton net New York on September 3rd news, the Intercontinental Exchange (ICE) cotton futures rose Wednesday, aided in the cotton mills buying and technical support. Trading ICE12 cotton contract the most active closed up 0.65 cents, or 1%, at 65.96 cents a pound. This is the first day of the contract rose in the last four trading days, because the cotton mill use this week drop in prices to lock before ordering the price of cotton. Farmers are still on the sidelines, in December contract hit 85 cents since May highs of more than 20%, still hesitating whether to sell.
This week, the December contract a contract in March index for premium, the premium from Wednesday to 0.03 cents on Tuesday widened to 0.19 cents, 0.44 cents for a last Friday. America Department of agriculture (USDA) Tuesday in the weekly crop report announced that, as of August 31st week, the situation American cotton growth was excellent, good and the common ratio is 84%, the same period last year 77%. Dealers are concerned about the monthly supply and demand report American Ministry of Agriculture announced next week, the market wide report is expected to show, the expected American cotton production will be down slightly.