Last week, Egypt registered 350 tons of exported long-staple cotton

On August 5th, the New York futures cotton contract rebounded and rebounded slightly. Cotlook spot prices fell. India's S-6 cotton continues to rise, and recent precipitation may have decreased. Pakistan's rainfall last week was favorable to the cotton region. Seed cotton purchases slowed down. Egypt last week registered exports of 350 tons of long-staple cotton and accumulated shipments of 55,000 tons; rainfall returned to Memphis cotton. District, the growth of crops in the western cotton region is accelerating.

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The recent October contract settled at 85.40 cents/lb, up 8 points; the main contract settled at 85.20 cents/lb for the December contract, up 22 points; the forward March contract closed at 83.45 cents/lb, up 28 points. Market turnover has increased from the previous day.

The main December contract opened slightly higher, and on the same day it oscillated above 85 cents. After midday, it fell to the lowest point of the day at 84.91 cents (-7 points), and then closed slightly higher after the market's long and short power. The October contract rose above the 85.48 cents high on Friday and rose to 85.89 cents, before falling back. The overall external market fell on the day.

Second, the spot review on the 5th, CotlookA index 90.60 cents / lb, down 55 points. The Imported Cotton Price Index (FCIndex) SM reported 98.27 cents/lb, down 48 points; M reported 95.92 cents/lb, down 13 points; L reported 95.67 cents/lb, down 30 points.

On the 5th, the quotation of most traders decreased. Due to the holiday factors in the country, the overall market volume was limited. China's purchase price is competitive with India's new flower, and Bangladesh continues to purchase Uzbek cotton.

Third, national dynamics on the 5th India S-6 cotton ginning factory pick up prices; According to the Indian meteorological department's long-term forecast, the overall domestic precipitation in August-September is expected to return to normal, the long-term average of 94-106%.

Most of the cotton fields in Pakistan had received favourable rainfall in the past weekend, and the new flowers as a whole grew well. The weather conditions may cause adverse effects. Farmers pay close attention to the problems of pests and diseases and crop leaf rolling.

Egypt registered the export of 100 tons of Giza88 and 250 tons of other cotton in the week of July 30. The country has accumulatively registered and exported 69,758 tons of cashmere and shipped 5,5386.7 tons, accounting for 80% of the total export volume.

At the end of last week, the warm and humid weather returned to the delta region of Central South China. Precipitation and storms brought good water to Arkansas and the arid region of Mississippi. Southwest West Texas was warm and hot last weekend and the local temperature was 32 in the early part of this week. Between -35 degrees Celsius, the weather is mostly sunny. Cotton in the plain areas grew well, and the rate of fruit set in the early sowing cotton area increased; crop growth accelerated in the California SJV basin in the western cotton area, and the fine weather made local cotton growth earlier than expected by several weeks.