Last week, the domestic cotton market continued to fluctuate within a range defined by a "floor" set by costs and a "ceiling" imposed by demand;

A distinct turning point emerged in the local textile market just before the National Day holiday. Demand for all categories—including pure cotton and blended textiles—weakened

Macroeconomics 1. [Electricity Consumption] Data from the National Energy Administration shows that in September,  total electricity consumption across society reached 899.7 billion kWh, an increase of

Macroeconomics 1. [Reverse Repo] The People's Bank of China will conduct overnight reverse repo operations from October 21 to November 2. These operations will utilize a

The core characteristics of the domestic cotton market in October can be summarized as follows: a firm floor provided by production costs, coupled with downward

Macroeconomics 1. [LPR] As authorized by the People's Bank of China, the National Interbank Funding Center announced that, as of October 20, 2026, the Loan Prime

The latest data released by the General Administration of Customs shows that China’s cotton imports in September totaled approximately 50,000 metric tons—a decline of 37.9%

According to data from the Commodity Market Analysis System of SunSirs, as of October 15, the spot price for Grade 3128B cotton lint in the

Macroeconomics 1. [M2] The Central Bank: As of the end of September, the balance of broad money (M2) stood at 359.63 trillion RMB, an increase of

Macroeconomics 1. [PPI] National Bureau of Statistics: In September 2026, the national producer price index (PPI) for manufactured goods rose by 5.0% year-on-year and 1.2% month-on-month.

Macroeconomics 1. [Russia-Ukraine Conflict] On October 11 (local time), Donald Trump announced via social media that the energy war between Russia and Ukraine had entered an

On October 9, 2026, the U.S. Department of Agriculture (USDA) released its October global cotton supply and demand report, making minor adjustments to the data

Forecasts released by the International Cotton Advisory Committee (ICAC) indicate that global cotton fundamentals will indeed tighten in the 2026/27 season; the key shift is

In September, cotton futures markets—both domestic and international—generally followed a trend of initial gains followed by a decline, retreating from their highs. Data from the

Domestic Cotton Spot Market Situation On September 29, domestic spot prices declined. The average price for domestic 3128-grade cotton (Cotlook B Index equivalent) stood at 17,315

According to an announcement by China Cotton Reserve Management Co., Ltd., sales of the 2026 central cotton reserve will cease effective September 30, 2026. During the

Last week, the domestic cotton market continued to experience weak, fluctuating trends. The dominant Zhengzhou Cotton contract (CF2701) steadily declined from 17,110 RMB/ton in early

1. [Cotton Lint] China Cotton Reserve Management Co., Ltd. has scheduled the sale of 8,010.1980 tonnes (40 lots) of central reserve cotton via the National

In September 2026, cotton futures prices in both domestic and international markets initially rose before falling back. During the latter half of August, expectations of