# Zhengmian Futures Limit Cotton Future Trend Divergence

> Zhengzhou cotton futures closed lower on July 9, with the main CF1909 contract at 13,710 yuan/ton on July 8, down 65 yuan. Spot prices for newly graded cotton were stagnant, and the gap between futures and spot widened. Market participants were divided, with bears citing unclear US-China trade talks and bulls pointing to cotton trading below cost.

- Date: 2019-07-10 · published 2019-07-10T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/58226-zhengmian-futures-limit-cotton-future-trend-divergence
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Chinese cotton futures moves influence global cotton and cottonseed values, but this is routine price commentary without a new supply or demand shock. Feed buyers should treat it as background.

## Read by commodity

- CSM: neutral

## Sources

- sjfzxm.com: https://www.sjfzxm.com/global/en/541885.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.