Cotton information-Feb 14th

On February 3-9, 2023, the average standard spot price of the seven major markets in the United States was 82.86 cents/pound, down 0.98 cents/pound from the previous week and 39.51 cents/pound from the same period last year. In the same week, 21683 packages were traded in the seven domestic spot markets, and 391708 packages were traded in 2022/23. The spot price of upland cotton in the United States fell, the foreign inquiry in Texas was general, the demand in China, Taiwan, China and Pakistan was the best, the western desert region and St. Joaquin region were light, the demand in China, Pakistan and Vietnam was the best, the price of Pima cotton was stable, the foreign inquiry was light, and the lack of demand continued to bring pressure on the price.


Post time: Feb-14-2023