ICE Cotton Comment: Many Profits And Good &Nbsp; 9 Cotton Limit.

May 2011 contract closed at 128.20 cents, up 4 cents, and July 2011 contract closed at 120.19 cents, also up 4 cents.

The labor department's early employment data lifted market confidence, slowing the rise in the US dollar and the pressure on the decline in the commodity sector.

At the same time, the United States Department of Agriculture released the weekly export weekly of American cotton also provided support for the market.

The contract is open today, the highest and lowest.

03 months 132.19135.95129.67135.95 4 15452131.95109986

05 months 123.99128.2122.26128.20 4 3484124.2021269

07 months 116.25120.19114.4120.19 4 3683116.1930567

October 101.41104.35101103.48 2.31 15101.17163

In December 9th, 15016 cotton bags were traded in the United States, with an annual turnover of 274647 packages, compared with a total of 368898 packages in the same period last year.

SLM 1-1/16 "(chroma 41, leaf chip 4, fiber 34) average price 131.57 cents / pound, 1 3/32" (color 31, leaf chip 3, fiber 35) cotton average price 135.64 cents / pound.

December 09 Cotlook cotton outlook index rebounded, Far East A

On December 09, China's cotton price index, 328 cotton nationwide weighted average price of 26769, rose 13.

The Commodity Futures Trading Commission December 9th report ended December 03.

On December 08, the total stock of NY certification was 99957 packages, and 24422 bags to be certified.

The US Department of Agriculture reported that on November 26, 2010 -12, 2 cotton sold 323400 packages, the same as last week's sales, but 15% less than the average weekly sales.

Among them, there are 157500 packages in China, and 60700 packages are sold in 2011/12, including 49400 packages in China.

The export of HP cotton is 323700 packs, an increase of 65% over last week, an increase of 94% compared with the average export volume for the four weeks.

China exported 151300 bales to China.

The United States Pima cotton net sales of 35900 packs, 5% less than last week, but the average sales volume increased by 59% over the four weeks.

Among them, China purchased 31300 packages, and sold 16600 packages in 2011/12, including 11300 packages in China.

Pima cotton exports 12500 bales, of which 3300 are exported to China.

India's commerce minister, Rahul Khullar, said the India government will decide in December 13th to increase the number of cotton exports this year, exceeding the current 5 million 500 thousand package.

The Ministry of Commerce, the Ministry of agriculture and the Minister of textile industry originally planned to hold a meeting tomorrow morning, but the date of the meeting was postponed until Monday, because commerce minister Khullar will go to Brussels to attend the India EU summit held in December 10th.

In the 2010-11 year, cotton production in India is expected to be 33 million 500 thousand packages, and domestic demand will be 26 million 600 thousand packs.

In recent months, natural fiber prices have risen sharply.

Industry experts say natural fiber prices are currently breaking 43000 rupees, compared to 26000 rupees last year.

In the 2009-10 months of October, -9 cotton exports increased to 8 million 300 thousand bales in India, compared with 3 million 500 thousand exports in the same period of 2008-09.

The Dow Jones Industrial Average fell 2.42 points to 11370.06 points, or 0.02%, while the Nasdaq composite index rose 7.51 points to 2616.67 points, or 0.29%, while the standard & Poor's 500 index rose 4.72 points to 1233 points, or 0.38%.

The labor department's early report has raised market sentiment.

The Ministry of labour reported that the number of initial jobless claims decreased by 17 thousand to 421 thousand in the first week of December 4th.

New York gold futures closed up 0.7%, at $1392.70 an ounce.

Crude oil futures rose 10 cents to $88.37 a barrel.