交易咨询业务资格：证监许可【2012】1091号 棉花周报（11.10-11.14） 大越期货投资咨询部 王明伟 从业资格证号：F0283029 投资咨询证号： Z0010442 联系方式：0575-85226759 重要提示：本报告非期货交易咨询业务项下服务，其中的观点和信息仅作参考之用，不构成对任何人的投资建议。 我司不会因为关注、收到或阅读本报告内容而视相关人员为客户；市场有风险，投资需谨慎。 CONTENTS 目 录 1 前日回顾 2 每日提示 3 4 5 今日关注 基本面数据 持仓数据 本周回顾： 本周棉花短期震荡回落。前期利多兑现，价格震荡调整。 ICAC11月报：25/26年度产量2540万吨，消费2500万吨。USDA9月报：25/26年度产量2562.2万 吨，消费2587.2万吨，期末库存1592.5万吨。海关：10月纺织品服装出口222.62亿美元，同 比下降12.63%。9月份我国棉花进口10万吨，同比减少18.7%；棉纱进口13万吨，同比增加 18.18%。农村部11月25/26年度：产量660万吨，进口140万吨，消费740万吨，期末库存845万 吨。 十月份纺织品出口数据较差，虽 ...

Core Viewpoint - The report by Zhiyan Consulting highlights the growth in China's cotton yarn imports, indicating a positive trend in the industry with significant year-on-year increases in both quantity and value [1]. Import Data Summary - In September 2025, China's cotton yarn imports reached 130,000 tons, representing a year-on-year increase of 15% [1]. - The import value for the same period was $285 million, showing a year-on-year growth of 12.3% [1]. Industry Insights - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research and providing comprehensive consulting services [1]. - The firm has over a decade of experience in the industry research field, offering tailored solutions to empower investment decisions [1].

Core Insights - The report by Zhiyan Consulting highlights the growth in China's cotton yarn imports, indicating a significant increase in both quantity and value [1] Import Data Summary - In August 2025, China imported 130,000 tons of cotton yarn, representing a year-on-year increase of 25.1% [1] - The import value for the same period reached 28.9 million USD, showing a year-on-year growth of 16.2% [1] Industry Analysis - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research and providing comprehensive consulting services [1] - The firm has over a decade of experience in the industry research field, focusing on delivering tailored solutions to support investment decisions [1]

Core Insights - The report by Zhiyan Consulting provides an analysis of the refined cotton industry in China from 2026 to 2032, focusing on market research and investment prospects [1] Import Data Summary - In April 2025, China's cotton yarn imports amounted to 120,000 tons, representing a year-on-year decrease of 1.4% [1] - The import value for the same period was $27.6 million, which reflects a year-on-year decline of 10.5% [1] Company Profile - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research and providing comprehensive consulting services, including feasibility studies and customized reports [1] - The company emphasizes its professional approach, quality services, and keen market insights to empower investment decisions [1]

Core Insights - The report by Zhiyan Consulting provides a comprehensive assessment of the cotton yarn industry in China from 2025 to 2031, highlighting market trends and investment potential [1] Import Data Summary - In July 2025, China's cotton yarn imports amounted to 110,000 tons, representing a year-on-year decrease of 16.4% [1] - The import value for the same period was $22.9 million, reflecting a year-on-year decline of 24.5% [1] Company Profile - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research and providing a range of services including feasibility studies and customized consulting [1] - The company emphasizes its commitment to delivering high-quality services and market insights to empower investment decisions [1]

Core Insights - The report by Zhiyan Consulting provides a comprehensive assessment of the cotton yarn industry in China from 2025 to 2031, highlighting market trends and investment potential [1] Import Data Summary - In June 2025, China's cotton yarn imports reached 110,000 tons, reflecting a year-on-year increase of 0.1% [1] - The import value for the same period was $24.4 million, which represents a year-on-year decrease of 8.1% [1] Company Profile - Zhiyan Consulting is recognized as a leading industry consulting firm in China, specializing in in-depth industry research and providing a range of services including feasibility studies and customized consulting [1] - The company emphasizes its commitment to delivering high-quality services and market insights to empower investment decisions [1]

Group 1 - The core point of the article highlights a significant decline in China's cotton yarn imports in May 2025, with a volume of 100,000 tons, representing a year-on-year decrease of 14.5% [1] - The import value for the same period is reported at 22.4 million USD, which shows a year-on-year decline of 22.5% [1] - The data is sourced from Chinese customs, indicating a trend in the cotton yarn market that may impact related industries [3]