May 20 Daily Review of Reserve Cotton Delivery: Average Price Rebound, Accumulated 1.63 million Tons Turnover
Release time:
05-21
Source:
Xinhua
Business News, May 21-On May 20, the quantity of reserve cotton was 74669.0022 tons, with the actual turnover of 25781.4012 tons, a turnover ratio of 34.53, up 1.78 from yesterday. Among them, 13803.4929 tons of domestic cotton were sold in 2011, 3210.5431 tons of imported cotton in 2011 and 8767.3652 tons of domestic cotton in 2012. The average grade of reserve cotton traded on that day was 3.73, 0.07 lower than that of the previous trading day; the average length was 28.14, 0.07 lower than that of the previous trading day; the weighted transaction price was 18996 yuan/ton, 59 yuan/ton higher than that of the previous trading day; the transaction price of 328 grade was 19388 yuan/ton (metric weight), 113 yuan/ton higher than that of the previous trading day, 40 yuan/ton higher than that of CC Index 328 day. As of May 20, the total listing volume was 6040650.674 tons, with a total turnover of 1629550.768 tons, accounting for 26.98.
The total number of bales listed on that day was 390, and 127 bales were actually sold, including 78 bales of 2011 domestic cotton, 40 bales of 2012 domestic cotton and 9 bales of 2011 imported cotton. There were actually 98 transactions on that day, an increase of 9 from the previous transaction. On that day, the reserve cotton was put into 12 provinces, including Anhui, Gansu, Hebei, Henan, Hubei, Hunan, Jiangsu, Jiangxi, Shandong, Shanxi, Tianjin and Xinjiang, involving 67 warehouses.
The specific transaction features are as follows:
The highest transaction price on the day of the 1. was 20120 yuan/ton, with a grade of 2.33, totaling 129.642 tons, which was stored in Jiangsu yinhai nongjiale cotton storage co., ltd./2011 and won by jianhu yinhai cotton co., ltd. The lowest transaction price was 17750 yuan/ton, grade 5, totaling 160.1622 tons, which was stored at Houma Procurement and Supply Station/2011 of Shanxi Cotton and Hemp Company and won by Sanmenxia Shengtang Textile Co., Ltd.
The 2011 imported cotton introduced by the 2. on that day was all sold, with the highest transaction price of a single bundle being 19960 yuan/ton and the lowest transaction price of a single bundle being 19360 yuan/ton.
On the day of the 3., the highest transaction price in 2012 was 19930 yuan, grade 2, length 28.03, accounting for 1 bundle of 219.3312 tons. The lowest transaction is 18280 yuan/ton, grade 4, length 27.12, accounting for 1 bundle of 191.748 tons.
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