Group 1 - The core viewpoint of the cotton market indicates a slight fluctuation in cotton futures prices, with the current price at 66.68 cents per pound, reflecting a 0.09% increase from the opening price [1] - The USDA's weekly crop progress report shows that the good-to-excellent rate for U.S. cotton remains at 55%, unchanged from the previous week, while the current blooming rate is at 87%, up from 80% the previous week [3] - Pakistan's cotton production has decreased by 30% compared to the same period last year, primarily due to a 47% drop in production from the Sindh province [3] Group 2 - The average import price of cotton at the port (M index) is reported at 73.94 cents per pound, down by 0.86 cents from August 1, with the import cost under a 1% tariff at 12,836 yuan per ton [3] - The domestic average price for 3128 cotton (B index) is 15,168 yuan per ton, which has decreased by 53 yuan per ton since August 1 [3] - The price for Xinjiang cotton delivered to Shandong is 15,260 yuan per ton, down by 50 yuan per ton from August 1 [3]
ICE棉花价格窄幅震荡 8月4日进口棉到港均价(M指数)73.94美分/磅
Jin Tou Wang·2025-08-05 02:55