On September 3-9, 2021, the average spot price of standard grade in the seven major domestic markets in the United States was 87.71 cents/pound, a decrease of 3 cents/pound from the previous week, and an increase of 27.89 cents/pound from the same period last year. That week, 9,335 packages were traded in the seven major domestic spot markets in the United States, and a total of 34,107 packages were traded in 2021/22.
The spot price of upland cotton in the United States has fallen, the spot price in Texas is stable, and foreign inquiries are light. Mainland China, Taiwan, and Turkey have the best demand; the western desert region has the best demand abroad. Inquiries are acceptable, prompt shipment demand is the best, and western port shipments and logistics have an impact on cotton exports; foreign inquiries in the Saint-Joint region are light, and prompt demand is the best. Port shipments are blocked and demand is concentrated, which brings trouble to cotton exports. ; The demand for Pima cotton is very active, prices are rising, and foreign demand is very good. For immediate procurement, logistics problems at western ports are serious, and the market is worried that it will be difficult to ship new flowers for export on time.
That week, domestic textile mills in the United States made inquiries about grade 4 cotton for shipment from the fourth quarter of this year to the fourth quarter of next year. The demand for yarn is good, and the shortage of labor continues to limit the production capacity of yarn mills. , the current production is still mainly for front-line personal protective equipment and general consumption. US cotton exports are good. China, India and Japan have inquiries for grade 3 cotton for shipment from February to October 2022, and Thailand has inquiries for grade 4 cotton for shipment from January to June 2022.
There is 25-125 mm of rainfall in the southeastern region of the United States. New cotton continues to crack and spit out bolls, and there are rotten bolls in some humid areas. Field operations are hindered. Early-sown fields have begun to shed leaves, and the harvest is about to begin. Expand on a small scale. There were thunderstorms in most areas of the delta, and the defoliation was delayed due to rainfall just after it started. Large-scale defoliation was delayed. New cotton is spinning normally, and harvesting and processing are expected to begin in early October.
The floods have receded in the coastal areas of southern Texas, and the local area is assessing the damage. The maximum rainfall brought by Hurricane “Nicholas” to the coastal areas was 75 mm. In most areas, new cotton fell before the rainfall. Already harvested. There is a new round of rainfall in the Rio Grande River Basin, but the new cotton harvest has been completed. The rainfall will be beneficial to sowing in the coming year, and the harvest in other areas is relatively limited. The weather in eastern Texas is fine, new cotton is spinning faster, defoliation has begun, and ginning can begin as early as early October. The irrigated fields in western Texas are growing well, but the dryland fields are in poor condition. There has been cooling and rainfall in recent days, and new cotton is cracking bolls and sprouting. It will take a long period of sunny, hot and dry weather, and preparations for harvesting have begun.
The western desert region continues to be dry and hot with only minimal rainfall. The harvest in Arizona is nearly complete. Due to late planting and low temperatures during the planting period, yields may be lower than normal. Others The weather in the region is good, new cotton matures faster, and the yield is higher than normal. Wildfires in the St. John’s region are causing smoke, new cotton is spinning, defoliation is underway, and gins are ready, with processing set to begin in the second week of October.
The weather in the Pima cotton region is dry and hot, new cotton is maturing faster, and there is a small amount of rainfall in some areas. The harvest in Arizona is over, and defoliation is underway in other areas. Cotton farmers are optimistic about the end of the year. Satisfied with the good weather. </p
