On June 10, although ICE futures closed substantially rise, but JinKouMian China offer or limited, the port of the varieties recent offer 2-3 cents generally rise, short-term demand make cotton business prices should obviously deficiencies. The USDA monthly fall sharply in the new American annual cotton yield New Year has happened for the supply and demand reflects significant change. But, can not let each spot needs big cotton business disappointment is the next phase of attention. From American cotton export weekly look, cotton consumption situation quite worrying.

SM1-1/8 "class, the U.S. cotton C/A cotton price for 173.10 (cents per pound, similarly hereinafter), fold the yuan trade goods generally port price 28907 yuan/ton (in slippery must tax calculation, the same below).

The United States E/MOT cotton price for 169.51, fold the yuan trade port delivery of the general port price 28311 yuan/ton.

Macao cotton price of 181.60, fold the yuan trade port delivery of the general port price 30287 yuan/ton.

Uzbekistan cotton is 182.60, the price general port trade take delivery price of 30453 tons.

West African cotton price for 204.46, fold the yuan trade take delivery price general port 33975 yuan/ton.

The United States E/MOTM1-3/32 "class cotton price for 168.61 fold, general trade port delivery price 28190 yuan/ton.

Source "the Chinese textile nets"

Edit: Emma