August 21: The price of imported cotton fell

On August 21, the price of imported cotton fell. International Cotton Index (SM) 73.26 US cents/pound, equivalent to 12,438 yuan/ton (calculated at 1% tariff, and exchange rate calculated according to Bank of China’s central rate, the same below); International Cotton Index (M) 70.6 US cents /Lb, discounted to 11993 yuan/ton at the general trade port pick-up price. The prices of the main varieties on the day are as follows: Among the 　　SM 1-1/8″ grade cotton, the US C/A cotton is quoted at 76.3 (US cents/lb, the same below), which is discounted to RMB 13,062/ton for the general trade port delivery price % Tariff calculation, the same below). 　　 US E/MOT cotton is quoted at 70.7, which is equivalent to RMB 12,118 per ton in general trade ports. 　　 Australian cotton is quoted at 78.9, which is discounted to RMB 13,500 per ton in general trade ports. 　　 Brazilian cotton The quotation is 71.45, which is discounted to RMB 12,244/ton for the general trade port delivery price. 　　 Uzbekistan cotton is quoted at 72.1, which is discounted to RMB 12,354/ton for general trade port pickup. 　　 West African cotton is quoted at 73.6, which is discounted to RMB 12607 for general trade port delivery price.　　The quotation of Indian cotton is 74, which is discounted to RMB 12,674 per ton. The quotation of U.S. E/MOT M 1-3/32″ grade cotton is 69.7, which is discounted to RMB 1,1949 per ton. Ton. Article Keywords: 　Imported Cotton International Cotton Index