Penny-wise

It's another day to get close to nature😌
The natural breeze feels very comfortable.

The core driving factors for the sustained rise in cotton this year
The current upward trend in cotton prices is driven by the resonance of six major logics: rigid domestic supply contraction, global El Niño production cut expectations, downstream demand recovery, cost and policy support, external market linkage, and weak low inventory buffers. This is a medium- to long-term trend rise driven by tight supply and demand, not short-term speculation.
1. Domestic Supply Side: Mandatory Reduction of Xinjiang Planting Area (Core Bullish Factor)
1. Water resource policies force a reduction in cotton

This trade is so satisfying🤣29 seconds

A mountain need not be high; it becomes renowned if there are immortals.
Water need not be deep; it becomes spiritful if there is a dragon.

It has been half a year since the last space, and today it broke through its all-time high 🖕