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Imported cotton quotations fell slightly on June 14

by:Chengyi     2021-03-15
On June 14, the quotation of imported cotton fell slightly. International Cotton Index (SM) 103.76 US cents/lb, down 52 points, equivalent to 16400 yuan/ton (calculated at 1% tariff, and exchange rate calculated at the central rate of Bank of China, the same below); International Cotton Index (M ) 101.06 cents/lb, down 29 points, discounted to 15,979 yuan/ton at the general trade port pickup price. The prices of the main varieties on the day are as follows: Among   SM 1-1/8″ grade cotton, the US C/A cotton is quoted at 107.23 (US cents/lb, the same below), which is discounted to RMB 16,941.85/ton for the general trade port delivery price (press 1 % Tariff calculation, the same below).  U.S. E/MOT cotton is quoted at 105.28, which is equivalent to RMB 1,6637.4 yuan/ton for general trade port pickup.   Australian cotton is quoted at 108.9, which is discounted to RMB 17,202.59 yuan per ton for general trade port pickup.   Uzbekistan Cotton is quoted at 110.7, which is discounted to RMB 17,483.62 per ton in general trade ports. The quotation of West African cotton is 107, which is discounted to RMB 16,905.94 tons in general trade ports.   The price of Indian cotton is 93.8, which is discounted to RMB 14,845.02 in general trade ports. /Ton. The quotation of U.S. E/MOT M 1-3/32″ grade cotton is 103.78, which is 16403.2 yuan/ton off the general trade port pickup price. Article Keywords:  Imported Cotton
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