Fuente: Ali Baba
China cottonAfter cotton enterprises in Xinjiang slightly raised offer, offer for type229 reached 1490015000yuan/mt (exwarehouse), which leaded to slight runup offer for Xinjiang cotton that have been transported to other provinces.Price for highgrade cotton greatly kicked high due to bullish sentiment. Offer for type 229 Xinjiang cotton reached 16000yuan/mt. However, overall sales were relatively moderate. Most mills with enough inventories were bearish to purchase the Xinjiang cotton due to higher offer.Import cottonCIF offer for foreign cotton medially backed offer today. Offer for U.S. cotton, Australia cotton, Brazil cotton and Mexico cotton dropped by 0.20.5cent/lb while offer for Indian cotton, African cotton and Central Asia cotton went down by 0.25 cent/lb. Offer for E/MOT SM11/8 U.S. cotton declined to 87.35 cent/lb. However, offer for longstaple cotton and organic cotton generally stabilized.Offer for Customs Clearance foreign cotton generally stabilized. Offer for S6,11/8 Indian cotton was pegged at 15500yuan/mt (netweight, exwarehouse).

Fuente: Ali Baba – Hong Kong – Hong Kong – China