On March 29th, China Cotton Association released the Weekly Express: Last week (March 22nd-26th), affected by the rebound of European epidemic and the demand worries caused by the cotton incident in Xinjiang, the domestic and international cotton prices fell sharply before the continuation of the trend, and the futures fell more than the spot. Among them, the main futures contract in Zheng Mian fell below/kloc-0.5 million yuan/ton in May, and the ICE futures fell below 80 cents/pound. Last week, the average weekly price of China cotton price index CC index (3 128B) was 15550 yuan/ton, down 435 yuan from the previous month; The average weekly price of Cotlook A index is 88.82 cents/lb, down 3.58 cents from the previous month, which is converted into RMB 14 128 yuan/ton under the tariff 1%, which is lower than China cotton price index CC index (3128b)140. The average weekly price of cotton contract CF 105 in Zhengzhou Commodity Exchange was 15094 yuan/ton, down 532 yuan from the previous month; The average weekly contract price of ice cotton futures was 865,438+0.88 cents/lb, down 4.65,438+08 cents from the previous month.

First, the China Cotton Association issued a document to resolutely support Xinjiang cotton.

Second, cotton prices at home and abroad continued to fall.

Three, the national notary inspection of cotton exceeded 5.8 million tons.

As of March 28th, 20021year, the total processing volume of Xinjiang lint cotton was 5,760,900 tons, up by 13.49% year-on-year, of which 3,628,500 tons were processed by the autonomous region and 2,000 tons were processed by the Corps.

According to the data of China Fiber Quality Monitoring Center, in 2020, the national notarization inspection volume of cotton reached 5,835,700 tons, up by 14.29% year-on-year, of which 5,688,800 tons were in Xinjiang, up by14.89% year-on-year; Mainland146,900 tons, down 5.08% year-on-year.