Cotton price continues to fall in Xinjiang. Offers for type 329 have generally slipped below 28000yuan/mt, ex-works. Lower offer for XPCC-cotton have to 27000yuan/mt. (XPCC: Xinjiang Production and Construction Corps).

As to ZCE cotton futures, Sep11 opens at 25250yuan/mt in the morning, up 335yuan/mt from yesterday’s settlement price.

source:CCFGroup.com