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Spinning margin

This series has not updated. The newest observation is 6 days old, settled 2026-09-30. Treat it as a historical figure, not as today's market.

Cotton yarn less the cotton in it, on the same trading day. What a spinner has to cover conversion cost, waste and profit out of.

6,225 CNY per tonne ↓ 0.16%
Settled 2026-09-30

6,565 2025-09-01 – 2026-09-30 5,745

Against a week ago (2026-09-22): ↑ 0.97%

Against a month ago (2026-08-28): ↑ 4.80%

Against a quarter ago (2026-06-30): ↓ 4.67%

What this is not. A gross spread, not a profit. It carries no conversion cost, no waste allowance and no yield adjustment - a kilogram of yarn takes more than a kilogram of cotton to make. Read the direction, not the level.

263 observations held, 2025-09-01 to 2026-09-30.

Where these figures come from

  • Cotton yarn (China, futures settlement) — Zhengzhou Commodity Exchange, contract CY611, observed 2026-09-30. the day's published table
  • Cotton (China, futures settlement) — Zhengzhou Commodity Exchange, contract CF701, observed 2026-09-30. the day's published table

Read this first. These are settlement prices from the Zhengzhou Commodity Exchange — the Chinese domestic market, in yuan per tonne, for a dated futures contract. They are not Cotlook A, not a world price, and not what a trader paid for a bale this morning. They are carried because China spins more than anywhere else, so the direction is the market’s direction even where the level is not.

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