| 26-Dec | 27-Dec | On day change (%) | |
| ZCE Jan contract (night trade, yuan/mt) | 14975 | 15010 | 30 |
| ICE Dec contract (cent/lb) | 77.46 | 78.98 | 1.52 |
| U.S. upland cotton, SLM 1-1/16 (cent/lb) | 75.13 | 76.61 | 1.48 |
| Indian cotton, S-6, 29mm (Rs/Candy) | 41000 | 41000 | 0 |
| Pakistani cotton, Karachi spot rate (Rs/maund) | 7000 | 7000 | 0 |
Xinjiang cotton prices stayed firm, offers of machine-picked cotton with both length and strength 28 were at 15,600yuan/mt rough weight, ex-works in Xinjiang. Hubei cotton quality was lame this year, as color grade, length and strength were dull. Cottons were processed and sold to local mills at 12,800-13,000yuan/mt.
ICE cotton futures trended up, but “non-on-call” cotton contract contradictions still existed. Some mills which purchased “non-on-call” cotton tended to hold on due to the high prices.
Indian spot cotton rate stayed at Rs. 41,000 per Candy (equal to about 11,776yuan/mt) and Karachi official spot rate stayed at 7,000 per maund (about 11,068yuan/mt).
$1=CNY 6.57
Πηγή: CCFGroup