Group 1 - The China Cotton Association anticipates a total cotton production of 7.22 million tons for the 2025 season, representing an 8.3% year-on-year increase, with Xinjiang contributing 6.91 million tons, a 9.2% increase, marking a historical high [1] - The association has issued a set of recommendations for cotton purchasing enterprises to ensure smooth acquisition processes, including adjusting purchasing pace, maintaining market order, enhancing risk management, and improving quality standards [1] - Domestic cotton prices have been declining, with the China Cotton Price Index (CCIndex 3128B) averaging 15,308 yuan/ton, down 143 yuan/ton week-on-week, while Zhengzhou futures contract CF601 averaged 13,861 yuan/ton, down 163 yuan/ton [1] Group 2 - International cotton prices have shown a slight increase, with the Cotlook A Index averaging 77.8 cents/pound, up 0.1 cents/pound week-on-week, while the ICE cotton futures contract averaged 65.1 cents/pound, up 0.5 cents/pound [1] - In Xinjiang, cotton harvesting is in its peak stage, with a ginning rate nearing 50%, and initial selling prices ranging from 7.3 to 7.6 yuan/kg, primarily for testing purposes [2] - Weather conditions in Xinjiang are generally warm, with expected rainfall in the northern regions, necessitating flood prevention measures to protect cotton quality and yield [2]
每周快报:新棉采收有所提前 企业需要理性收购
Xin Lang Cai Jing·2025-09-16 11:48