The average price of cotton has increased, but the price rise of pure cotton yarn has not kept pace with that of cotton, and the processing fee for carded ring-spun C32S has declined. According to statistics, during this period (December 26, 2025 – January 4, 2026), the average processing fee for pure cotton yarn sample C32S was 4,670, down 5.29% month-on-month.

PriceSeek Analysis
Cotton, Bull-Bear Score: +1.5
The article indicates that the rise in the average price of cotton directly benefits spot prices, driven by increased demand or supply constraints pushing up costs. Futures data show that major contracts, such as 2605, rose by 150 yuan to 14,655 yuan/ton, with open interest increasing by 29,136 lots, reflecting strong bullish sentiment in the market and benefiting futures prices. Considering both spot and futures factors, the score of +1.5 reflects a relatively strong bullish trend.

Cotton Yarn, Bull-Bear Score: -0.5
The article points out that the price increase of cotton yarn has not matched that of cotton, and the processing fee for carded ring-spun C32S has decreased by 5.29% month-on-month to 4,670 yuan, indicating weak downstream demand or oversupply, which is squeezing profit margins and negatively impacting spot prices. In futures data, the 2603 contract rose by 65 yuan to 20,575 yuan/ton, but trading volume was moderate, and other contracts showed no significant activity, resulting in a neutral-to-slightly bullish outlook that is insufficient to offset the bearish pressure from the spot market. The overall score of -0.5 indicates a slight bearish influence.