Core Viewpoint - The cotton futures prices on the Intercontinental Exchange (ICE) are experiencing weak fluctuations, with a current price of 68.28 cents per pound, reflecting a decline of 0.23% from the opening price [1] Cotton Market Review - On August 12, the ICE cotton futures showed the following performance: opening price at 66.82 cents, highest at 68.45 cents, lowest at 66.73 cents, and closing at 68.26 cents, marking a 2.16% increase [1] USDA Supply and Demand Report - The USDA's August supply and demand report forecasts the U.S. cotton planting area for the 2025/2026 season at 9.28 million acres, down from the July estimate of 10.12 million acres, a decrease of 840,000 acres [1] - The expected harvested area for U.S. cotton in the 2025/2026 season is projected at 7.36 million acres, reduced from the July forecast of 8.66 million acres, a decrease of 1.3 million acres [1] Zhengzhou Commodity Exchange Update - As of August 12, the number of cotton futures warehouse receipts on the Zhengzhou Commodity Exchange stands at 8,369, which is a decrease of 85 from the previous trading day [1] Weather Conditions in Xinjiang - The weather in the Xinjiang cotton-producing region is generally normal, with stable cotton growth conditions due to the alleviation of high temperatures and effective field management measures [1]
ICE棉花价格弱势震荡 新疆棉花产区天气总体正常
Jin Tou Wang·2025-08-13 03:12