Macroeconomics 1. [Boosting Consumption] The State Council has approved the "15th Five-Year Plan for Expanding Consumption." The goal is for the overall scale of the consumer

Macroeconomics 1. [Electricity Consumption] The National Development and Reform Commission (NDRC) announced that on July 10, national electricity load hit a record high of 1.518 billion

Macroeconomics 1. [Carbon Peak Action] The State Council has issued the "Action Plan for Carbon Peaking during the 15th Five-Year Plan Period." By 2030, China aims

Macroeconomics 1. [Foreign Exchange Reserves] Statistics from the State Administration of Foreign Exchange show that as of the end of June 2026, China's foreign exchange reserves

During the first week of July, cotton prices saw a significant rise, driven by a combination of sustained high temperatures in major domestic production areas

Short-term high temperatures will boost cotton prices. From a medium to long-term perspective, low inventories and reduced production in the new season will support cotton

In June 2026, the domestic cotton market exhibited a fluctuating downward trend characterized by two rallies followed by two pullbacks. According to data from the

Price trend According to data from the SunSirs commodity market analysis system, as of June 25, the domestic spot price for Grade 3128B lint cotton was

Macroeconomics 1. [MLF] The People's Bank of China (PBOC) will conduct a Medium-term Lending Facility (MLF) operation worth 500 billion RMB on June 25. Given that

Macroeconomics 1. [US PMI] The US S&P Global Manufacturing PMI (flash) rose to 55.7 in June, hitting a high since May 2022; the Services PMI (flash)

Data from the National Bureau of Statistics shows that in mid-June 2026, compared with early June, the price of cotton (lint, Grade 3 white cotton)

As of June 22, domestic cotton spot prices saw a slight rise, whereas downstream cotton yarn markets remained sluggish due to the traditional off-season. The

Price trend Last week, domestic and international cotton prices rose in tandem. According to data from the SunSirs commodity market analysis system, as of June 18,

Price trend During the first half of June, domestic cotton prices initially rose but subsequently fell; after a slight rebound early in the month, prices came

Corn: The supply and demand situation of corn in China for the 2026/27 marketing year is expected to remain basically unchanged from last month. In

According to data from the SunSirs commodity market analysis system, as of June 12, the domestic spot price for Grade 3128B lint cotton stood at

Recent trends in the cotton and cotton yarn markets reflect a pattern of tight global supply alongside weak domestic demand. Expectations of declining production in

Macroeconomics 1. [Excavators] According to statistics from the China Construction Machinery Industry Association, major excavator manufacturers sold a total of 24,794 excavators in May 2026, a

Last week, domestic and international cotton prices followed a trend of initial gains followed by a decline. The domestic downstream textile market has entered its

Price trend According to data from the SunSirs commodity market analysis system, as of June 5, the domestic spot price for Grade 3128B lint cotton was