From late April to mid-May, weather condition in Xinjiang continued to be unstable, affecting the new cotton crop planting and quality. Therefore, most market participants anticipate that 2021/22 Xinjiang cotton production may reduce by above 10%. In late May, temperature in Xinjiang climbs up quickly, and new cotton crop growing accelerates obviously. But the unstable weather in late Apr to mid-May still has a substantial impact on the new cotton in Kuqa and Korla. Currently, the weather condition improves overall, but the average sunshine hours in North Xinjiang remain lower than the same period of last year.  The following is the specific weather and new cotton crop development in Xinjiang.

The temperature in Xinjiang has risen rapidly since late May, and the overall temperature situation has improved compared with the period from late April to mid-May. The current temperature situation is relatively good.

In terms of precipitation, the precipitation was relatively normal from late May to early June, and there was no major disaster impact.

In terms of sunshine hours, it was favorable in South Xinjiang, but the hours in North Xinjiang continue to be lower than the same period of last year.

From the perspective of crop development, there was a relatively obvious improvement in late May compared with mid-May. The situation maintained in early June. The abnormal weather from late April to mid-May still has a substantial impact on the new cotton in Kuqa and Korla.

In summary, since late May, temperature in Xinjiang has risen quickly, and the new cotton crop development also improves. However, the unstable weather condition in late Apr to mid-May still has a substantial impact on the new cotton in Kuqa and Korla. Currently, the temperature and precipitation is relatively normal, while sunshine hours in North Xinjiang remain lower year on year. Currently, the weather in Xinjiang has improved, and driving momentum to cotton prices weakens. Besides, downstream market is in slack season gradually, and new orders reduce somewhat. The overall industrial fundamental lacks momentum. But cotton prices still has certain support from the bottom. In short, cotton prices may remain range-bound. Recently, the macro environment is not stable. Pay attention to risks from the macro political and momentary policies.