To implement the requirements of the Third Central Symposium on Xinjiang Work and relevant central government documents, the State Council has approved the establishment of the China Cotton and Yarn Trading Center (hereinafter referred to as the Trading Center) in Xinjiang. The center's preparatory plan explicitly states the need to “establish spot indices for cotton and yarn to guide production-sales coordination and supply-demand balance.” Xinjiang has developed into China's most important cotton production base. The regional Party committee and government are deeply implementing actions to extend, supplement, and strengthen the cotton industry chain while vigorously developing the textile and apparel sector. Establishing the Xinjiang Cotton and Cotton Yarn Price Index is a concrete measure to implement the Exchange's preparatory plan. Regularly publishing this index will facilitate timely, accurate, and objective reflection of market price dynamics for Xinjiang cotton and cotton yarn. It will play a significant role in serving government macro-regulation, guiding healthy industrial development, and stabilizing market expectations, holding great importance for promoting the high-quality development of Xinjiang's cotton and textile-apparel industries. To ensure the effective publication of the Xinjiang Cotton and Cotton Yarn Price Index, the following matters are hereby announced.
I. Index Introduction
The Xinjiang Cotton Price Index is calculated based on the ex-factory pickup price data for mainstream transaction quality grades of cotton reported by cotton enterprises in Xinjiang's primary production areas. This data is weighted according to the output of major cotton-producing regions to form a comprehensive price indicator reflecting the market price dynamics and trends of Xinjiang cotton.
The Xinjiang Cotton Yarn Price Index is calculated based on the ex-factory pickup price data for mainstream specification cotton yarn reported by textile enterprises in Xinjiang's primary cotton yarn production areas. This data is weighted by local cotton yarn production volume to form a comprehensive price indicator that fully reflects market price trends for Xinjiang cotton yarn.
II. Index Trial Operation
In accordance with the requirements of the Administrative Measures for Price Index Behavior of Important Commodities and Services (Order No. 22 of the National Development and Reform Commission, 2024), and under the guidance of the Autonomous Region Development and Reform Commission, the Exchange initiated the internal trial operation of the Xinjiang Cotton and Cotton Yarn Price Index on June 3, 2025. On December 23, 2025, the Autonomous Region Development and Reform Commission convened an expert review meeting. The meeting concluded that the index accurately, promptly, and effectively reflects the spot market price levels and trends of Xinjiang cotton and cotton yarn, possesses strong market applicability and decision-making reference value, and is ready for official external release.
III. Index Release
Starting January 4, 2026, the Exchange will release the previous day's Xinjiang Cotton and Cotton Yarn Price Index before 10:30 AM on each business day. The price index will be published simultaneously on the official websites of the China Cotton and Cotton Yarn Exchange and the China Cotton Information Network.
Moving forward, the Exchange will strengthen index operation management, conduct regular performance evaluations, and dynamically refine the index content. Efforts will focus on establishing the Xinjiang Cotton and Yarn Price Index as an authoritative benchmark that accurately reflects genuine regional market demand and provides significant decision-making reference value, thereby making greater contributions to promoting the high-quality development of Xinjiang's cotton and textile-apparel industries.
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