According to the USDA Crop Progress Report, as of Sunday (September 7), the percentage of U.S. cotton bolls opening reached 97% (up from 90% last week, compared to a five-year average of 97%). The percentage of cotton bolls opening reached 40% (up from 28% last week, compared to a five-year average of 39%). Cotton harvest progress stood at 8% (compared to a five-year average of 6%); The percentage of cotton in good to excellent condition was 54%, up from 51% a week earlier and compared to 40% last year at this time.

Brazil's National Supply Company (CONAB) reported that as of Saturday (September 6), the country's cotton harvest progress reached 86.9%, up from 72.8% a week earlier. This compares to 95.6% last year at this time and a five-year average of 94.2%.

As an integrated internet platform providing benchmark prices, on September 10, the benchmark price of lint cotton on SunSirs was 15,334.50 RMB/ton, up 0.04% from the beginning of this month (15,327.67 RMB/ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.