ICE棉花价格区间震荡 11月28日全国3128皮棉到厂均价14896元/吨

Core Viewpoint - The cotton futures prices on the Intercontinental Exchange (ICE) are experiencing fluctuations, with a slight decline observed in the latest trading session [1] Group 1: Cotton Futures Market Overview - On December 1, the ICE cotton futures opened at 64.70 cents per pound and are currently at 64.57 cents per pound, reflecting a decrease of 0.25%. The intraday high reached 64.82 cents per pound, while the low was 64.53 cents per pound [1] - On November 28, the ICE cotton futures had an opening price of 64.66 cents per pound, a high of 64.95 cents, a low of 64.42 cents, and a closing price of 64.71 cents, marking a slight increase of 0.15% [2] Group 2: Inventory and Pricing Data - As of November 27, the inventory of imported cotton at major ports increased by 1.28% week-on-week, totaling 380,300 tons. Notably, the inventory in Shandong's Qingdao and Jinan ports decreased by 22.87% year-on-year to 317,000 tons, while Jiangsu's Zhangjiagang port had approximately 34,200 tons and other ports held about 29,100 tons [2] - The average price of 3128 grade cotton delivered nationwide on November 28 was 14,896 yuan per ton, an increase of 80 yuan per ton. The price for 32s pure cotton yarn remained stable at 21,352 yuan per ton, with spinning profits reported at -1,033.6 yuan per ton, a decrease of 88 yuan per ton [2] Group 3: Export Sales Data - According to the USDA, for the week ending October 16, net sales of U.S. upland cotton for the 2025/2026 marketing year were 176,000 bales, up from 158,000 bales the previous week. For the 2026/2027 marketing year, net sales were 27,000 bales, compared to zero the prior week. Additionally, upland cotton export shipments for the 2025/2026 marketing year totaled 160,000 bales, an increase from 139,000 bales the week before [2]