1. How much gross profit does it take to make first-hand cotton?
Take cotton futures price 13000 yuan/ton as an example. Since the cotton trading unit is 5 tons/lot, the primary trading volume is 65,000 yuan.
General futures margin is 10%, so the margin occupied is about 13000 (transaction amount) *5* 10%=6500 yuan/lot.
Second, an overview of cotton
1, cotton yield
The main cotton producers in the world are China, the United States, Indian, Pakistani, Egyptian, Syrian and other countries. China's cotton production accounts for about 20% of the world's total, and it is the second largest cotton producer in the world, second only to India. The United States ranks third and is the largest cotton exporter in the world.
China has a wide range of cotton-producing areas, which can be divided into three major cotton-producing areas: Yangtze River Basin, Yellow River Basin and Xinjiang. Among them, Xinjiang, Shandong, Henan, Hebei, Hubei, Jiangsu and Anhui are the main cotton-producing provinces in China, accounting for about 80% of the country's total output.
2. Cotton consumption
Cotton demand countries are mainly China, Indian, Pakistani and other countries. China is the country with the largest cotton consumption in the world, accounting for 1/3, followed by India. Consumption in China and India is increasing year by year this year. With the development of textile industry in China, the consumption of cotton in China has remained above 8 million tons in recent years, and the consumption places are relatively concentrated, mainly distributed in Shandong, Jiangsu, Henan, Zhejiang, Hubei and other places. , accounting for about 66% of the total national consumption.
3. Cotton imports
China is an important cotton producer and consumer in the world, and also an influential cotton importer in the world. Due to the rapid development of textile industry in China, domestic cotton demand exceeds supply.
Third, the cotton price factor
Cotton prices are influenced by many factors and can be divided into the following categories.
1. Supply and demand of international cotton market and import and export of major producing countries
2. International market transactions, such as cotton prices in the New York Mercantile Exchange.
3. China cotton import and export policy and tax rate.
4. Production and consumption of cotton in China
5. Production and development of cotton industry
6. Natural factors: seasonal change and climate change.
7. Changes in policies and political situations.
Fourthly, the law of cotton price change.
1, cotton futures prices fluctuate greatly.
China has high cotton yield, high value and high commodity rate; The consumption is large, the import volume is large, the annual output changes greatly, and the price fluctuates greatly. Cotton futures prices are sensitive to the above factors, highly correlated with spot prices, with large fluctuations and frequent fluctuations, and strong linkage with the international market.
2. It is highly correlated with international futures and spot prices.
The amount of cotton available for futures delivery is large (about 80%), and the delivery cost is relatively low. Therefore, the cotton futures price has the characteristics of high correlation, high rationality and strong predictability with the spot price.
3. There are many influencing factors.
China has a long cotton industrial chain and a large import volume. Therefore, there are many factors that affect cotton price: weather, cotton growth, total balance, the country's guiding information on cotton price forecast, financial policy, national reserve policy, import and export policy and quantity, the development of textile industry, international market supply and demand, next year's sowing situation and so on. All these provide a theme for the fluctuation of cotton futures prices and also provide many investment opportunities.
Market information is easy to master.
China's cotton production and marketing areas are relatively concentrated, and it is relatively convenient to collect information. Therefore, it is very successful to invest in cotton futures by investing manpower and material resources to collect the supply and demand information of cotton main producing areas and main selling areas, and timely understand the relevant national cotton policies. There are many potential investment opportunities and great investment value in cotton futures. Mining and discovering valuable cotton information in time, analyzing cotton information objectively and comprehensively, and grasping the investment opportunities of cotton futures will surely get huge investment returns.
5, suitable for extensive participation
Spot enterprises, institutional investors and small and medium-sized investors suitable for cotton futures hedging participate. Judging from the trend of cotton price, cotton price fluctuates frequently and violently, which is suitable for hedgers to use the futures market to avoid risks. At the same time, cotton price has the characteristics of strong trend and high predictability, which is especially suitable for institutional investors to speculate for a long time. Institutional investors can collect information on cotton supply and demand, and get a higher return on investment at a relatively low cost. At the same time, there are many factors affecting cotton futures prices, which are sensitive to fundamental factors, fluctuate frequently and have more investment opportunities. Very suitable for small and medium-sized investors to carry out short-term technical operations.
6 trade opportunities
At present, cotton is close to the historical low of 1 1000, and there may be greater opportunities then.