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Since late May, Zhengzhou cotton futures market starts to decline. During May 23 and May 30, the futures market declined sharply. Sep contract once reached the lowest of 20,060yuan/mt, down by 1,975yuan/mt from the highest of 22,035yuan/mt in May. From Jun 15 to Jun 16, the market slumped again. Sep
On the one hand, investors held certain positive anticipation towards the relations between China and the United States again after Meng Wanzhou returned back to China on the night of Sep 25. Macro sentiment was favorable to the cotton market, shoring up both ICE and ZCE cotton futures. On the other
According to the price monitoring of SunSirs, on November 12, 2019, the average price of 3128B cotton lint in the domestic spot market was 13,083RMB/t, 0.46% higher than that of last Tuesday (November 5). The closing price of CF2001 was 12,810 RMB/t. In the past week, the settlement price of CFM has
