Cotton futures is a kind of futures trading with cotton as the subject matter, and it is an agricultural product futures contract listed and traded on Zhengzhou Commodity Exchange, so it is called Zheng Mian futures.
Reasons for cotton futures price changes;
A. Pre-inventory is an important part of total supply, which reflects the tension of pre-supply, the price rising in short supply and the price falling in abundant supply.
B, the current output. After fully studying the changes of cotton planting area, climate and growth conditions, production cost and national agricultural policy, there will be a more reasonable forecast of the current output.
C. import volume. The actual import volume often changes for political or economic reasons. Therefore, we should know and master the changes of international situation, price level, import policy and import volume as soon as possible.