Cotton market fundamentals & price outlook JULY 2021

• 来源期刊: 中国纺织（英文版）
• 年，卷（期）: 2021,（4）
• 所属期刊栏目: Statistics
• 页码范围: 48-49
• 页数: 2页
• 语种: 英文
• DOI: 10.3969/j.issn.1673-1468.2021.04.020

摘要

Recent price movement Indian and Pakistani prices increased over the past month, while NY/ICE fu-tures, the A Index, and Chinese cotton prices fell and rebounded. ·After sliding from 87 to 81 cents/lb in the first half of May, values for the December NY/ICE futures contract be-gan to climb. Recent values are near 88 cents/lb. ·The A Index fell from 96 to 88 cents/lb in the first half of May. The latest value is 94 cents/lb. ·Movement in the China Cotton Index (CC Index 3128B) was slight by comparison. Values easing from 114 to 112 cents/lb around the middle of May and then rebounded back to 114 cents/lb. In domestic terms, prices moved between 15,700 and 16,200 RMB/ton. The RMB strengthened against the USD from 6.43 to 6.39 RMB/USD.