Group 1 - The core viewpoint of the article highlights the fluctuations in cotton futures prices on the ICE, with a current price of 62.39 cents per pound, reflecting a slight increase of 0.14% from the opening price [1] - On February 3, the opening price for U.S. cotton was 62.85 cents per pound, with a closing price of 62.46 cents, indicating a decrease of 1.16% [1] - The average price of Xinjiang 3128 cotton reached 15,615 yuan per ton, an increase of 70 yuan per ton, while the price of Xinjiang 32s pure cotton yarn remained stable at 22,000 yuan per ton [1] Group 2 - The cotton market is expected to see a "high basis" trend for Xinjiang cotton throughout the 2025/26 season, driven by faster sales progress of cotton by processing enterprises, continued loose credit from financial institutions, and anticipated reductions in cotton planting area and rising costs in 2026 [1] - As of February 3, the number of cotton futures warehouse receipts on the Zhengzhou Commodity Exchange was 11,772, an increase of 256 from the previous trading day [2]
ICE棉花价格延续震荡走势 2月3日郑商所棉花期货仓单增加256张
Jin Tou Wang·2026-02-04 03:13