Group 1 - The core viewpoint of the articles highlights the stability in cotton demand and a downward revision in production estimates, which has positively impacted cotton futures prices [1] - The ICE cotton futures for March increased by 0.50 cents or 0.78%, settling at 64.91 cents per pound, following the USDA's report that lowered the cotton production estimate by 350,000 bales to 13.92 million bales [1] - The USDA maintained its estimates for U.S. cotton beginning stocks, consumption, exports, and imports, while also revising the ending stocks estimate down by 300,000 bales to 4.2 million bales [1] Group 2 - The Cotlook A Index remained stable at 74.45 cents per pound on January 12 [3] - The broader commodity market saw an increase, with gold prices reaching a record high of over $4,600 per ounce, influenced by a weaker dollar [1] - Concerns over potential declines in Iranian oil exports contributed to rising oil prices, with NYMEX crude futures reaching a five-week high and Brent crude nearing an eight-week high [2]
期棉收涨 因USDA下调产量预估及美元疲软
Xin Lang Cai Jing·2026-01-13 01:36