Fine adjustment of imported cotton quotation on May 29

On May 29, the quotation of imported cotton was fine-tuned. International Cotton Index (SM) 97.81 cents/lb, up 3 points, equivalent to 15245 yuan/ton (calculated at 1% tariff, exchange rate calculated at the central rate of Bank of China, the same below); International Cotton Index (M ) 94.77 US cents/lb, up 4 points, discount to 14,777 yuan/ton at 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 101.92 (US cents/lb, the same below), which is discounted to RMB 1,5876.9/ton for the general trade port pickup price % Tariff calculation, the same below).　　U.S. E/MOT cotton is quoted at 98.98, which is equivalent to 15424.68 yuan/ton in RMB for general trade port delivery. 　　 Australian cotton is quoted at 104.30, which is discounted to RMB 16,242.98/ton for general trade port delivery.　　 Uzbekistan The quotation of cotton is 106.10, which is 16519.85 yuan/ton for the general trade port delivery price in RMB. The quotation of West African cotton is 101.75, which is 15850.75 tons for the general trade port delivery price in RMB. The quotation of Indian cotton is 86.30, which is 13474.29 yuan for the general trade port delivery price in RMB. /Ton. The quotation of U.S. E/MOT M 1-3/32″ grade cotton is 97.48, which is 15193.95 yuan/ton off the general trade port pick-up price. Article Keywords: 　Imported Cotton