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ICE棉花价格小幅走低 港口棉花库存续降刷新近两年最低
Jin Tou Wang· 2025-09-12 02:36
Group 1 - The core viewpoint of the article indicates a slight decline in cotton futures prices on the ICE, with the current price at 66.56 cents per pound, down 0.27% from the opening price of 66.74 cents per pound [1] - As of September 11, the opening price for U.S. cotton was 66.74 cents, with a closing price also at 66.74 cents, reflecting a minor increase of 0.12% [2] - The inventory of imported cotton at major ports has decreased to 290,500 tons, marking a week-on-week decline of 2.45% and reaching a two-year low [2] Group 2 - In Shandong province, the inventory of imported cotton is approximately 228,000 tons, down 2.98% week-on-week and down 41.98% year-on-year [2] - The Brazilian Institute of Geography and Statistics (IBGE) has adjusted its forecast for cotton planting area in Brazil for 2025 to 2.131926 million hectares, an increase of 5.1% from the previous month, but a decrease of 0.5% from the previous year [2] - The Brazilian Ministry of Agriculture's National Supply Company (CONAB) has revised its forecast for Brazil's cotton production in the 2024/25 season to 4.06 million tons, up from the previous estimate of 3.93 million tons [2]