美棉出口销售不佳，短期棉价略承压

Core Insights - The USDA cotton export report released last Thursday indicates that net sales for the 2025/26 marketing year were 81,500 bales, a decrease from the previous week's 132,800 bales [1] Group 1: Market Performance - The poor performance in U.S. cotton exports has led to ongoing concerns regarding domestic cotton consumption [1] - Despite high expectations for Federal Reserve interest rate cuts providing some support to the cotton market, the short-term fundamentals lack positive drivers [1] - It is anticipated that U.S. cotton prices may experience slight downward pressure in the short term [1]