2013年以来,在国内外棉花市场需求未有明显改善且政策面未出现调整的形势下,棉花市场依然是棉纺产业链的焦点。内外棉价差呈现扩大趋势二季度以来,内外棉价差继续呈现扩大趋势,尽管国际棉价平均高于一季度,但整体处于震荡下行趋势,而国内棉价基本平稳。以印度棉花S-61-1/(8相当于中国328级)的价格为例, Since 2013, the cotton market remains the focus of the cotton textile chain under the situation that the demand of domestic and international cotton markets has not been significantly improved and the policies are not adjusted. Domestic and foreign cotton spreads have shown an upward trend Since the second quarter, the domestic and foreign cotton spreads continued to show an upward trend. Although the international cotton prices were higher than the first quarter on the whole, the overall trend was in a downward spiral while the domestic cotton prices were basically stable. Taking the price of Indian cotton S-61-1 / (8 equivalent to China’s 328) as an example,