Group 1: Cotton Futures Market Overview - On October 20, the Intercontinental Exchange (ICE) cotton futures prices experienced a slight increase, opening at 64.17 cents per pound and currently trading at 64.42 cents per pound, reflecting a 0.20% rise [1] - The highest price during the trading session reached 64.46 cents per pound, while the lowest dipped to 64.17 cents per pound [1] - On October 17, ICE cotton futures closed at 64.30 cents per pound, with an opening price of 63.72 cents, a high of 64.50 cents, and a low of 63.46 cents, marking an increase of 0.85% [1] Group 2: Cotton Price Indices and Domestic Market Data - On October 17, the Brazilian CEPEA/ESALQ cotton price index was reported at 65.17 cents per pound, up 1.45% from the previous day but down 4.76% compared to the same month last year [1] - The average import cotton price (M index) was stable at 71.58 cents per pound as of October 17, with the 1% tariff import cost (excluding port fees) at 12,337 yuan per ton and the sliding scale tariff import cost at 13,497 yuan per ton [1] - The domestic average price for 3128 cotton (B index) was 14,683 yuan per ton, increasing by 4 yuan per ton from October 16, while the price for Xinjiang cotton delivered to Shandong was 14,790 yuan per ton, up 10 yuan per ton [1] - The national cotton basis index (CNCottonJ) for CF2601 was reported at 1,135 yuan per ton, an increase of 5 yuan per ton from October 16 [1] Group 3: Government Initiatives in Cotton Sector - The Indian Minister of Coal and Mines, G Kishan Reddy, outlined several measures aimed at strengthening cotton cultivation and ensuring the Minimum Support Price (MSP) in the Telangana region [2]
ICE棉花价格小幅上涨 印度政府推出促进棉花生产和MSP的举措
Jin Tou Wang·2025-10-20 03:11