Commodity Cotton Trading Daily: Decrease in Warehouse Volume on May 20 Average Price Rise and Fall
Release time:
05-21
Source:
Xinhua
Business News Agency, May 21-On May 20, the national cotton trading market traded 10920 tons of commodity cotton, a sharp decrease of 6040 tons from the previous trading day. The order quantity was reduced by 120 tons, with a cumulative order of 7480 tons. MA1305 average price 19140 unchanged, MA1306 average price 19508 rose 8,MA1307 average price 19540 rose 20. Today's matchmaking across the board opened high, the intraday price fluctuation is not big, the final market ups and downs.
Today's commodity cotton trading has the following characteristics: the 1. trading volume decreased significantly, the day MA1305 no transaction. MA1306 and MA1310 traded 1720 tons and 1400 tons respectively. MA1307, MA1308 and MA1309 fell sharply to 1320 tons, 2740 tons and 2740 tons respectively. 2. orders decreased significantly, MA1306 and MA1310 orders were reduced by 120 tons and 300 tons respectively. MA1308 orders increased by 300 tons. The remaining contract orders remain unchanged. Average 3. prices were mixed. MA1309 was the only contract that fell on that day, down 36 yuan/ton. MA1305 price unchanged. The remaining contracts rose by 8-67 yuan/ton.
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