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Note: All converted prices are based on the daily exchange rate of the Bank of China and include 1% import tax, 13% VAT and port charges of 200 yuan/ton.
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Main Topic |
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| Bull or bear?
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| Bullish FactorsBearish Factors
Supply According to NCMMS, average domestic cotton sales progress has reached 69.5% as of April 16.The Agriculture Development Bank of China has offered a total of RMB54.673 billion from Sep. 2007 to Feb. 2008, up RMB10.573 billion or 13.98% from the corresponding period of last marketing year. However, new crop sales progress is merely 21%, down 10% from the c...... |
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Latest News |
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Market Report |
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| CNCotton Weekly Summary (May 5) |
| 2008-05-08 Last week, ZCE cotton futures price went down; domestic spot cotton price raised slightly; imported cotton price declined ag...... |
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| CNCotton Weekly Summary (April 28) |
| 2008-04-30 During the past week (April 18-24), the decrease of spot cotton price slowed down at home and abroad; the price gap between ...... |
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| CNCotton Weekly Summary (April 21) |
| 2008-04-23 During the past week (April 11-17), domestic physical price and ZCE futures went up slowly. Surging world price caused the p...... |
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| CNCotton Weekly Summary (April 11) |
| 2008-04-16 During the past week (April 4-10), domestic physical price and ZCE futures maintained steady. Surging world price caused the...... |
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| CNCotton Stock Report (April) |
| 2008-04-14 Domestic cotton price posted strong gains in March, 2008. This caused mills to withdraw from the cash market and raw cotton ...... |
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