On January 15, the quoted prices at China's main ports showed a slight increase. The international cotton price index (SM) stood at 74.92 cents per pound, up by 0.10 cents per pound, translating to a general trade port delivery price of 13,032 yuan per ton (calculated based on a 1% tariff and the exchange rate using the China Bank's middle price, the same applies below). The international cotton price index (M) was 73.04 cents per pound, up by 0.10 cents per pound, translating to a general trade port delivery price of 12,710 yuan per ton.

PriceSeek analysis of cotton lint, with a long-short score of 1: The international cotton price index (M) rose by 0.10 cents per pound, equivalent to 12,710 yuan per ton, indicating a tightening supply or increased demand for cotton in the spot market, driving a slight increase in the spot price of cotton lint. This reflects cost support and positive fundamentals, generally benefiting the spot price.

Cotton yarn, with a long-short score of 1: The price increase of cotton, as the main raw material, raises the production cost of cotton yarn, providing support for the spot price of cotton yarn. The closing price of the cotton yarn futures contract 2609 was 20,905 yuan per ton. Considering current market data, expectations of rising raw material costs may drive a rebound in futures prices, benefiting future trends.