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September 12: Imported cotton quotations rose slightly

by:Chengyi     2021-03-15
On September 12, the quotation of imported cotton rose slightly. International Cotton Index (SM) 73.49 US cents/lb, equivalent to 12,763 yuan/ton (calculated at 1% tariff, exchange rate based on Bank of China’s central parity rate, the same below); International Cotton Index (M) 70.67 US cents /Lb, discounted to 12281 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 77.25 (US cents/lb, the same below), which is discounted to the RMB 13526 yuan/ton for the general trade port delivery price (according to 1 % Tariff calculation, the same below).   The US E/MOT cotton quotation is 70.9, which is discounted to RMB 12,431 per ton for the general trade port delivery price.    Australian cotton is quoted at 79.85, which is discounted to the RMB general trade port pickup price of 13,975 per ton.    Brazilian cotton The quotation is 71.35, which is discounted to RMB 12,508/ton for the general trade port delivery price.    Uzbekistan cotton is quoted at 72.25, which is discounted to RMB 12,663 per ton for the general trade port.    West African cotton is quoted at 73.6, discounted to RMB 12,896 for the general trade port pickup price. Yuan/ton.   The price of Indian cotton is 74.5 yuan, which is discounted to RMB 13,052 per ton. The price of U.S. E/MOT M 1-3/32″ grade cotton is 69.5, which is discounted to RMB 12,189 per ton. Ton. Article Keywords:  Imported Cotton International Cotton Index
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