Core Viewpoint - The establishment of the Xinjiang Cotton and Yarn Trading Center aims to create a cotton and yarn price index to guide production and sales, ensuring supply-demand balance and supporting the development of the textile industry in Xinjiang [1]. Group 1: Index Introduction - The Xinjiang Cotton Price Index is based on the reported delivery prices of mainstream quality cotton from cotton enterprises in major production areas, calculated using a weighted average according to local production volumes [2]. - The Xinjiang Yarn Price Index is derived from the reported factory delivery prices of mainstream yarn specifications from textile enterprises, also calculated using a weighted average based on actual yarn production [2]. Group 2: Index Trial Operation - The internal trial operation of the Xinjiang Cotton and Yarn Price Index began on June 3, 2025, under the guidance of the regional development and reform commission [3]. - An expert review meeting held on December 23, 2025, confirmed that the index effectively reflects the market price levels and trends of Xinjiang's cotton and yarn, demonstrating strong market applicability and decision-making reference value [3]. Group 3: Index Release - Starting January 4, 2026, the trading center will publish the previous day's Xinjiang Cotton and Yarn Price Index every working day before 10:30 AM [4]. - The price index will be available on the official websites of the China Cotton and Yarn Trading Center and the China Cotton Information Network [4]. - The trading center plans to enhance index management, conduct regular evaluations, and optimize the index content to ensure it accurately reflects market demand and serves as a valuable decision-making tool [4].

Core Insights - The "Zhejiang New Express" train service is enhancing cross-border trade between Zhejiang and Xinjiang, significantly improving logistics efficiency and reducing costs for businesses [1][3][4] - The establishment of a dual-direction railway freight service is addressing the logistical challenges faced by industries in both regions, facilitating a more integrated supply chain [3][4] Group 1: Trade and Logistics Development - A train loaded with Xinjiang cotton yarn has successfully established a direct route to Zhejiang, marking a significant improvement in trade logistics [1] - The "Zhejiang New Express" train has opened a new trade corridor from Zhejiang to Central Asia, while the "Aid Xinjiang Train" provides a consistent freight service from Southern Xinjiang to the Yangtze River Delta [3] - The dual train services have resulted in over 25% savings in logistics costs and a 40% improvement in transportation efficiency for cotton spinning enterprises [3][4] Group 2: Economic Impact - By July 2025, the "Zhejiang New Express" is expected to operate 37 trains, transporting over 21,000 tons of goods valued at more than 710 million yuan, establishing itself as a stable and long-distance integrated trade route [4] - The "Aid Xinjiang Train" has dispatched 82 trains, delivering 115,000 tons of products worth 2.94 billion yuan to the Yangtze River Delta, accounting for 30% of the total railway freight from Aksu to Zhejiang [4] - The logistics improvements have led to a 35% increase in foreign trade orders for companies, with significant investments in production capacity expansion [4]