News summary

Cotton arrival prices surged by 103 yuan/ton under the US 1% tariffasiangames, jumped to 14611 yuan/ton; the average domestic price of 3128B lint cotton also rose by 16 yuan/ton to 16371 yuan/tonasiangamesThe price difference between domestic and foreign cotton decreased by 87 yuan/ton month-on-month, and is currently 1760 yuan/ton.

Newsletter text

[The arrival price of U.S. cotton in Hong Kong rose to 14611 yuan/ton today, narrowing the difference with domestic cotton prices] The arrival price of U.S. cotton M1-1/8 climbed to 14611 yuan/ton on May 22, an increase of 103 yuan from the previous trading day. At the same time, the domestic price of 3128B lint cotton also rose slightly by 16 yuan, reaching 16371 yuan/ton. The price difference between the two narrowed to 1760 yuan/ton, a decrease of 87 yuan from the previous day.