[Future trend] In the domestic market, the characteristics of the traditional off-season are obvious, enterprises purchase raw materials cautiously, mainly de-stock and withdraw funds, and
According to customs statistics, China imported about 170000 tons of cotton in December 2022, with a month-on-month decrease of about 10000 tons and a year-on-year
On January 3, the international cotton price index (SM) was 100.67 cents/lb, an increase of 0.55 cents/lb, equivalent to 17,218 RMB/ton for general trade port
Factors Affecting Cotton Market
Supply side: the high level of commercial inventory superimposed on the new year's cotton output reached a new high
Since 2022, due to
Price trend
Since December, the domestic cotton price has rebounded slightly, and the main contract of Zheng cotton rebounded from 13,000 RMB/tonn to 14,000 RMB/tonn
In October, my country imported about 60,000 tons of cotton yarn, a year-on-year decrease of about 56%
According to customs statistics, my country will import about
According to the monitoring of market prices of 50 important production raw materials in 9 categories in the national circulation field, in late October 2022,
On October 27, the international cotton price index (SM) was 99.35 cents/pound, down 0.90 cents/pound, which was converted to 16967 RMB/ton of the general trade
Price trend
On October 8, the price of 3128B cotton lint was 15,474 RMB/ton, down 1.95% month on month.
Analysis review
During the National Day, the spot
Price trend
On the 19th, the price of 3128B lint cotton was 15,695 RMB/ton, down 1.20% from the previous month.
Analysis review
The domestic cotton spot market
Price trend
On the 15th, the price of 3128B lint was 15,650 yuan/ton, down 0.50% month on month.
Analysis review
The spot market price of domestic cotton