August 27: Imported cotton quotations continued to fall

On August 27, the quotation of imported cotton continued to fall. International Cotton Index (SM) 72.07 US cents/lb, equivalent to 12,239 yuan/ton (calculated at 1% tariff, and exchange rate calculated at the bank’s central parity rate, the same below); International Cotton Index (M) 69.22 US cents Per pound, which is 11763 yuan per ton from the general trade port pick-up price. The prices of the main varieties of the day are as follows: Among the 　　SM 1-1/8″ grade cotton, the US C/A cotton is quoted at 75.3 (cents/lb, the same below), which is discounted to RMB 12,893/ton for the general trade port pickup price % Tariff calculation, the same below). 　　 US E/MOT cotton is quoted at 69.4, which is equivalent to RMB 11,899 yuan/ton for the general trade port delivery price. 　　 Australian cotton is quoted at 78.5, which is discounted to RMB 13,433 yuan/ton for the general trade port delivery price. 　　 Brazilian cotton The quotation is 70.45, which is discounted to RMB 12,076/ton for the general trade port delivery price. 　　 Uzbekistan cotton is quoted at 70.8, which is discounted to RMB 12,135 per ton for the general trade port. 　　 West African cotton is quoted at 72.3, discounted to RMB 12,388 for general trade port pickup. Yuan/ton. 　　The price of Indian cotton is 72.9, which is discounted to RMB 12,489/ton for the general trade port delivery. 　　 The US E/MOT M 1-3/32″ grade cotton is quoted at 68.4, which is discounted to the general trade port’s pick-up price of 11,730 RMB/ton. Ton. Article Keywords: 　Imported Cotton International Cotton Index