March 29 spinning Morning News

 Domestic spot: March 28, the domestic cotton prices, cotton prices on behalf of the Mainland 229 A national cotton price index (CNCotton A) was 31,532

yuan / ton, March 25 fell 8 yuan / ton; behalf of the Mainland 328 cotton price index of cotton prices B (CNCotton B) to 30,628 yuan / ton, down 15 yuan /

ton. 
    Zheng Cotton Futures: March 28, Zheng weak trend of cotton, open down low early in the afternoon decline deepened slightly after a rebound in oscillator,

but eventually die hard crash of the potential, the main September contract fell more than 5%, the amount of storage has been amplification. Which, CF1105

contract price 29300 yuan, down 1,130 yuan; CF1107 contract price 29450 yuan, down 1,165 yuan; CF1109 contract price 29185 yuan, down 1,235 yuan; total
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market turnover of 2,058,596 hand, increase of 239,316 over the previous day hand total of 527,332 positions hand, increased 6,300 hands.

    Hefei Trading Center: March 28, Hefei National Cotton Exchange Center CA1104 settlement price 30050 yuan / ton, the closing price of 30,000 yuan / ton,

down 230 yuan / ton; CA1105 settlement price of 29,840 yuan / ton, the closing price of 29,800 yuan / ton, down 730 yuan / ton; CA1107 settlement price 29870

yuan / ton, the closing price of 29,770 yuan / ton, down 760 yuan / ton; the total volume of 96 batch (1920 tons), a reduction of 6 batches (120 tons); total

orders for 428 approved (8,560 tons), unchanged.

    Beijing Exchange Market: March 28, matching the market has fallen sharply across the board, the total trading volume, order volume has increased. MA1104

which closed at 29,000 yuan, the average price of 29,284 yuan, down 959 yuan; MA1105 to close at 28,890 yuan, the average price of 29,203 yuan, down 1,144

yuan; MA1107 to close at 29,160 yuan, the average price of 29,525 yuan, down 1,145 yuan. Overall turnover of 20,200 tons, representing an increase of 3,760

tons the previous day; the total order quantity of 94,020 tons, an increase 3,860 tons.

    International Spot: March 28, imported cotton in China main port offer mixed, the United States cotton, cotton, Australia, Brazil, Central Asia, cotton

and cotton fell 3.5-8.5 cents, up 4.8 cents to the West African cotton. With the signing last week a large number of U.S. cotton, 2010/11 U.S. cotton

quotations are hard to find, one of the few recent offer mainly low-grade cotton, cotton offer the current US-dominated new flowers, mounted on the end of

the year basically. Frequent fluctuations in cotton prices recently, the U.S. intention to maintain the plantings will be oscillating before the release of

the trend.
    Cotton Information

    February 2011 Monthly Report on the cotton market in February, the domestic market, cotton prices continued to rise, the international market cotton

prices rose sharply. The Spring Festival of factors, reduced imports of cotton, textile exports declined.

    China Cotton Market Weekly newsletter China Cotton Network, this week, the domestic cotton price stabilization, international cotton price oscillation;

extended decline in the prices of cotton yarn, polyester staple fiber prices continue to fall.

    Shandong Juye: cotton farmers of high interest to begin production of nutrition newsletter bowl China Cotton Network, recently, the National Cotton

Market Monitoring System stations in Shandong Juye 50 monitoring points on the local cotton farmers for cotton planting area in 2011 carried out the

intention survey shows that since the original seed cotton prices remain high, the enthusiasm of farmers raise cotton, maize and melon over a year the fields

all year, switching to cotton, cotton farmers in 50 households surveyed area of ​​343.5 acres of cotton planting intentions, compared last year 331 acres of

cotton sowing area real increase of 12.5 acres, an increase of 3.78%. Currently, local farmers have to prepare for the cotton planting, some farmers have

begun to make nutritional bowl, if the recent good weather conditions, is expected to begin planting before the Ching Ming Festival.