China’s cotton prices remained weak last week as new-crop inspection volumes and commercial inventories increased while downstream orders stayed soft. Xinjiang’s harvest was nearly 90% complete, and inspected cotton reached 2.587 million tonnes by November 6, up 333,000 tonnes year on year; spot lint was 0.5% higher week on week on November 9, while the weekly average of the main cotton futures contract fell 0.7%.
Faster arrivals and inventory growth alongside weak textile demand keep cotton prices under pressure, despite the modest late-week rebound. This is primarily relevant to cotton markets rather than feed ingredients.
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