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期棉上涨 因美元走软且出口销售强劲
Xin Lang Cai Jing· 2026-02-21 04:44
Group 1: Futures Market - Cotton futures on the Intercontinental Exchange (ICE) rose due to a slight decline in the dollar and a positive export sales report, with the most active May cotton futures contract increasing by 1.49 cents or 2.32%, settling at 65.63 cents per pound [1] - The dollar's decline made cotton priced in dollars more attractive to overseas buyers, potentially boosting export demand [2] - The U.S. Supreme Court's ruling against the Trump administration's tariff policy may alleviate financial pressure on cotton farmers, supporting export demand and cotton prices [3] Group 2: Export Sales - The USDA reported that for the week ending February 12, U.S. cotton export sales net increased by 466,300 bales, marking a new annual high for the market, which is a 102% increase from the previous week and a 70% increase from the four-week average [3] - The next year's U.S. cotton export sales net increased by 33,100 bales [3] Group 3: Inventory and Market Sentiment - As of February 19, ICE reported that the deliverable stock of the No. 2 cotton contract increased to 119,457 bales, up from 117,075 bales the previous trading day [4] - Market sentiment is positive as all selling pressure has dissipated ahead of the March cotton delivery period [4] Group 4: Current Market Indices - The Cotlook A Index was reported at 73.70 cents per pound, an increase of 15 points [5]
期棉收高 因出口销售数据向好
Xin Lang Cai Jing· 2026-02-13 01:35
Group 1 - The core viewpoint of the news is that cotton futures prices are supported by decent export sales data, with the May cotton futures contract rising by 0.29 cents or 0.45% to settle at 64.33 cents per pound [1] - The USDA reported a net increase of 231,000 bales in U.S. cotton export sales for the week ending February 5, which is an 8% decrease from the previous week and a 23% decrease from the four-week average [1] - PriceFuturesGroup's vice president noted that the latest cotton export sales data is encouraging, contributing to the support of cotton prices [1] Group 2 - As of February 11, the ICE deliverable stock of the No. 2 cotton contract was 102,232 bales, up from 99,096 bales the previous day [2] - The Cotlook A Index on February 12 was reported at 73.55 cents per pound, an increase of 25 points [3]