Weekly Report: Domestic and Foreign Cotton Prices Continue to Rise

Source:China Cotton Association  Date: 25/May/2020

1. Meteorological conditions are generally conducive to cotton growth

Cotton in Xinjiang, The Yellow River basin and the Yangtze River Basin is in the stage from seedling to the third true leaf, and part of Xinjiang enters the fifth true leaf stage. The light and temperature conditions and moisture content in northwest, North and Huang-Huai regions are good, and the meteorological conditions are suitable for the growth of cotton seedlings and seedlings. In Jiangnan, South China: the temperature in most areas is higher than that in the same period of the year, and the sunshine is close to the same period of the year, which is generally conducive to the growth and development of cotton. 

2. The increase in domestic cotton prices is higher than abroad

Last week (May 18-22), the two sessions of the National People's Congress opened in Beijing, the Government Work Report on this year's major development goals and the next phase of work to do the overall deployment, while crude oil prices continue to rebound, affected by this, cotton prices at home and abroad are rising, domestic cotton prices are higher than overseas. The weekly average price of China cotton price CC Index(3128B) was 11,694 Yuan/ton, up 158 Yuan from the previous month. 

Weekly average price

Domestic price (Yuan/ton)

International price (cent/Lb.)


CC Index(3128)

ZCE Futures Contract CF005

FCIndex M

Cotlook A

ICE2003 contract

5.11-5.15

11536

11588

68.52

65.95

57.71

5.18-5.22

11694

11748

68.35

66.53

58.18

Change

158

160

-0.17

0.58

0.47


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China Cotton Index (CC Index)
2021-12-1       more>>
  • CCindex (3128B) : 22242 -302
  • CCindex (2227B) : 20854 -254
  • CCindex (2129B) : 22854 -251
Foreign Cotton Index (FC Index)
2021-12-1      more>>
  • FC index S: 123.80 -4.53
  • FC index M: 122.36 -4.46
  • FC index L: 120.78 -4.44
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