On February 25, the National Bureau of Statistics published the year report in which the 2009 cotton areas are 74.25 million mu, less 12 million mu than the previous year; production is 6.4 million tons, down by 14.6% from the previous year; major textile production has continued growing, in which yarn output of 23.935 million tons, up by 12.7%. Domestic textile wholesale and retail increased 20.8%; textile yarn and fabrics export value of 60 billion U.S. dollars, down by 8.4% from the previous year; export value of garments and clothing accessories 107.1 billion U.S. dollars, down by 11%.

Last week (February 22-26), due to the 2009 cotton production from the National Bureau of Statistics was lower than the United States Department of Agriculture (USDA) recently data (6.967 million tons), the international market expected to further imports from China, international cotton market prices rose sharply again, the import price under the 1% duties and sliding taxes has been fully higher than those of domestic spot price.

After the Spring Festival, driven by the international market, domestic cotton futures prices rose sharply, because the yield from the National Bureau of Statistics less than the data of other agencies. Domestic cotton enterprises have optimistic to the future and whole rise the spot price. On 26, the China Cotton Index (CC Index328) is 14,990 yuan / ton, up by 78 yuan.