Imported cotton quotations fell slightly on May 8

On May 8, the quotation of imported cotton fell slightly with ICE futures prices. International Cotton Index (SM) 95.35 US cents/lb, equivalent to 14870 yuan/ton (calculated based on 1% tariff, exchange rate calculated at the Bank of China’s central rate, the same below); International Cotton Index (M) 90.91 US cents Per pound, which is 14187 yuan per ton from 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 98.27 (US cents/lb, the same below), which is discounted to RMB 15,457.01/ton for the general trade port delivery price (press 1 % Tariff calculation, the same below). 　　 US E/MOT cotton is quoted at 95.62, which is equivalent to RMB 15045.58 per ton for general trade port delivery. 　　 Australian cotton is quoted at 107.10, discounted to RMB 16,827.92 per ton for general trade port delivery. The cotton quotation is 103.10, which is discounted to RMB 1,6206.9 per ton in general trade ports. The quotation of West African cotton is 99.00, which discounts to RMB 15,570.35 tons in general trade ports. The quotation of Indian cotton is 83.10, which is discounted to RMB 13,101.78 in general trade ports. /Ton. The quotation of U.S. E/MOT M 1-3/32″ grade cotton is 94.12, which is 1,4812.7 yuan/ton off the general trade port pickup price. Article Keywords: 　Imported Cotton