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May 20: The price of imported cotton fell slightly

by:Chengyi     2021-04-09
On May 20, the quotation of imported cotton fell slightly. International Cotton Index (SM) 81.27 US cents/lb, equivalent to 13,437 yuan/ton (calculated at 1% tariff, exchange rate calculated at the Bank of China’s central rate, the same below); International Cotton Index (M) 78.66 US cents Per pound, which is 13012 yuan per ton at the general trade port pick-up 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 82 (US cents/lb, the same below), which is equivalent to RMB 13,678/ton for general trade port delivery % Tariff calculation, the same below).    US E/MOT cotton is quoted at 80, which is discounted to RMB 13,349 per ton in general trade ports.    Australian cotton is quoted at 87, discounted to RMB 14,500 per ton in general trade ports.    Brazilian cotton The quotation is 79.9, which is 13333 yuan/ton for the general trade port delivery price in RMB.    Uzbekistan cotton is quoted at 79.1 yuan, which is 13201 yuan/ton for the general trade port pickup price.    West African cotton is quoted at 79.5, which is 13267 yuan discount for the general trade port delivery price.  The quotation of Indian cotton is 78.4 yuan, which is 13086 yuan/ton from the general trade port pickup price.    The US E/MOT M 1-3/32″ grade cotton is priced at 79, which is 13185 yuan/ton off the general trade port pickup price. Ton. Article Keywords:  Imported Cotton International Cotton Index
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