Kule veki, isivumelwano se-CY2405 somqhaphu kaZheng sivule isigqi esinamandla esikhulayo, apho isivumelwano esiphambili se-CY2405 sinyuke ukusuka kwi-20,960 yuan/ton ukuya kwi-22065 yuan/ton kwiintsuku ezintathu kuphela zorhwebo, ukunyuka kwe-5.27%.
Ngokwengxelo yeefektri zekotoni eHenan, eHubei, eShandong nakwezinye iindawo, ixabiso elilinganiselweyo lekotoni emva kweholide liphakanyiswa ngama-yuan angama-200-300/toni, nto leyo engakwaziyo ukuhambelana namandla akhulayo ekotoni. Ngokwezibalo, ukusebenza kwekotoni emva kweholide kunamandla kuneempahla ezininzi, nto leyo edlala indima entle ekubuyiseleni ukuzithemba kwiinkampani ezisonta ikotoni kunye nokunciphisa ukulahleka kwekotoni.
Kutheni ikamva lomqhaphu linyuke kakhulu kule veki? Uhlalutyo lweshishini lunxulumene kakhulu nezi zinto zine zilandelayo:
Okokuqala, kukho imfuneko yokuba i-cotton and cotton yarn futures spreads ibuyele kumanqanaba aqhelekileyo. Ukusukela ekupheleni kukaNovemba, ixabiso eliphezulu le-CY2405 contract lehle ukusuka kwi-22,240 yuan/ton ukuya kwi-20,460 yuan/ton, kwaye laqhubeka liqina kuluhlu lwe-20,500-21,350 yuan/ton, kwaye umahluko wamaxabiso phakathi kwe-CY2405 kunye ne-CF2405 wakha wehla ngaphantsi kwe-5,000 yuan/ton. Iindleko ezipheleleyo zokucubungula i-textile C32S cotton war ngokubanzi zimalunga ne-6,500 yuan/ton, kwaye ixabiso le-futures cotton war liphantsi ngokucacileyo.
Okwesibini, i-cotton futures kunye ne-spot ziphantsi kakhulu, kwaye kukho imfuneko yokulungiswa kwimarike. Ukusukela ngasekupheleni kukaDisemba, ixabiso le-spot kwimarike ye-cotton yarn ye-C32S liphezulu kunexabiso le-CY2405 lekhontrakthi ye-1100-1300 yuan/ton, ukuba kuthathelwa ingqalelo ukuhanjiswa kweendleko zemali, iifizi zokugcina, iifizi zokugcina, iifizi zokuhanjiswa kwentengiselwano kunye nezinye iindleko, ixabiso langoku le-cotton yarn uluhlu oluphezulu lufikelele kwi-1500 yuan/ton, ngokucacileyo amaxabiso e-cotton yarn futures aphantsi kakhulu.
Okwesithathu, iintengiselwano zemarike yemisonto yekotoni zifudumale. I-C40S kwaye ngaphantsi kwenani lokusebenza kwemisonto yekotoni kungcono kancinci, uninzi lwesiphumo semisonto yekotoni sibalulekile (impahla yekotoni yehle yaya ngaphantsi kwenyanga), kwimeko yee-odolo zokuthumela ngaphandle zanda kwaye uxinzelelo lwezemali lokucothisa, imvakalelo ye-bullish yemisonto yekotoni yekamva.
Okwesine, ii-Zheng cotton yarn holdings, i-turnover yemihla ngemihla kunye nee-odolo ze-warehouse ziphantsi kakhulu, kwaye imali kulula ukuyihambisa. Ngokwezibalo, ukusukela nge-5 kaJanuwari 2023, isikhundla sekhontrakthi ye-CY2405 sasingaphezulu kwezandla ezingama-4,700, kwaye inani leerisithi ze-warehouse cotton laliyi-123 kuphela.
Umthombo: Inethiwekhi yeCotton yaseTshayina
Ixesha lokuposa: Jan-10-2024