截至2月19日美棉现货报价走高

Core Insights - The average spot price of cotton in the U.S. increased by 257 points compared to the previous week, reaching 61.03 cents per pound, although it remains lower than the same period last year at 64.60 cents per pound [1] - The total trading volume of cotton for the week ending February 19 was 62,666 bales, significantly higher than the previous week's 54,118 bales and last year's 23,999 bales [2] - For the 2025/26 marketing year, the total spot trading volume reached 1,112,630 bales, compared to 733,621 bales in the same period last year [3] Southeastern Market - Cotton trading in the southeastern market is steady with moderate supply and strong demand, leading to higher local spot prices [4] - Weather conditions include daytime highs in the 70s Fahrenheit (approximately 21-27°C) and nighttime lows in the 40s to 50s Fahrenheit (approximately 4-10°C), with rainfall between 0.25-1 inch in some areas [4] - Despite some rainfall, drought conditions persist in parts of the eastern Carolinas, affecting cotton production [4] Southwestern Market - In the eastern-southern Texas region, cotton trading is sluggish with low supply and producer quotes, resulting in weak demand and higher local spot prices [5] - The eastern Texas region experienced beneficial rainfall, aiding soil moisture for pre-planting [6] - The western Texas-Kansas-Oklahoma area saw active cotton trading with ample supply and steady demand, although some ginning operations were delayed due to high winds [7][8]