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New Cotton Policy Drives Cotton Futures To Go Higher

At the beginning of the new year, cotton prices continued to rise under the new cotton policy. As of January 25th, the cotton main contract of the Zhengzhou Mercantile Exchange has risen 4.85% in the first month of the new year, hitting a new high within 7 months. At the same time, the demand for domestic textile industry is showing an increasing trend, and the future trend is promising.