Group 1 - Cotton futures experienced a rapid increase, reaching a peak of 14,285.00 yuan, with a current price of 14,230.00 yuan, reflecting a rise of 2.04% [1] - Various institutions have differing views on the future of cotton prices, with some expecting continued upward momentum while others predict a volatile market [2][3] Group 2 - Zheng cotton's upward movement may be limited due to alleviated high temperatures in Xinjiang, despite a strong domestic market supported by decreasing commercial inventories [2] - The market is currently facing a tight situation with high basis levels and no significant release of import quotas or stockpiles, which may sustain the upward trend if large-scale liquidation does not occur [2] - Short-term market expectations indicate a continuation of a fluctuating trend, influenced by weather conditions, demand, and current inventory levels [3]
国内商业库存持续消耗 棉花期货盘面涨势或延续
Jin Tou Wang·2025-07-17 06:22