Group 1: Futures Market - Cotton futures on the Intercontinental Exchange (ICE) rose slightly on December 26, reaching a three-week high, supported by a weaker dollar and signs of improved demand for natural fibers [1] - The most actively traded March cotton futures contract increased by 0.25 cents or 0.39%, settling at 64.49 cents per pound, with an intraday high of 64.81 cents per pound, the highest level since December 3 [1] - Varner Brokerage President Rogers Varner noted that market demand has improved, with strong sales last week contributing to support for cotton prices [1] Group 2: Export Sales - The USDA reported a net increase of 304,700 bales in U.S. cotton export sales for the week ending December 11, a 99% increase from the previous week and a 95% increase from the four-week average, including a net increase of 88,900 tons in exports to China [1] - For the next marketing year, U.S. cotton export sales saw a net increase of 15,000 bales, while export shipments totaled 134,400 bales, a 32% increase from the previous week, with 10,700 bales shipped to China [1] Group 3: Spot Market - The Cotlook A Index was reported at 74.00 cents per pound on December 24, reflecting an increase of 50 points [4]
期棉收高 受美元走弱和需求改善迹象提振
Xin Lang Cai Jing·2025-12-27 08:05