From March 8-14, the national cotton price index rose slightly. The average price of the national cotton price index A (CNCotton A) representing the 2129B cotton price in the Mainland was 16,163 yuan per ton; the national cotton price index B representing the price of the 3128B cotton in the Mainland. (CNCotton B) The average price of 15,704 yuan / ton. The reserve price of reserve cotton in the first week of 2017/2018 is 15118 yuan/ton for standard-level sales.

From March 12 to March 13, the cumulative sales of reserved cotton reached 52,400 tons, and the transaction rate was 87.35%. The average transaction price was 14,577 yuan/ton, which was 3,128 yuan, and 15,813 yuan/ton. The real estate cotton transaction volume was 18,900 tons, the transaction rate was 70.5%, the average transaction price was 13,988 yuan/ton, and the average price increase was 282 yuan/ton; the Xinjiang cotton transaction was 33,500 tons, the transaction rate was 100%, the average transaction price was 14,932 yuan/ton, and the average price increase was 963 Yuan / ton.

Affected by the increase in cotton futures prices and the bottoming out of seed cotton resources in the year after the end of the year, the Anhui part of the cotton production area in the Yangtze River Valley market has improved significantly. The purchase price of the seed cotton flower has reached 3.10 yuan/kg; the sales price of lint cotton has been at 14200-14600 yuan/ton. Year-on-year increase of about 200 yuan / ton. The price of standard grade seed cotton in some cotton-producing areas in the Yellow River Basin was maintained at 3.2 yuan/jin, the sales progress was 80%, and the lint price of Hengshui 1228C grade was 14,500 yuan/ton, which was slightly lower than that in the previous period.

Reserve cotton wheel out of the disk caused some pressure, Zheng cotton from the 12th highest 15235 yuan / ton fell to the lowest 14980 yuan / ton, just over 200 points on the 3rd drop, you can see the effect of the increase in the supply of rotation is obvious . And since Zheng cotton fell below the daily performance, the pessimism in the market was aggravated, and the downside was further opened up. Some professionals predicted that it would break the previous low at 14,800 yuan/ton.