September 17: Imported cotton prices continue to rise

On September 17, the quotations of imported cotton continued to rise. International Cotton Index (SM) 76.64 US cents/lb, equivalent to 13,301 yuan/ton (calculated at 1% tariff, exchange rate calculated at the Bank of China’s central parity rate, the same below); International Cotton Index (M) 73.79 US cents Per pound, which is 12814 yuan per 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 80.3 (US cents/lb, the same below), which is discounted to RMB 14,052/ton for delivery at the general trade port % Tariff calculation, the same below). 　　The US E/MOT cotton quotation is 74.1, which is discounted to RMB 12,983/ton for the general trade port delivery price. 　　 Australian cotton is quoted at 83.1, which is discounted to the RMB general trade port pickup price of 14,535 yuan/ton. 　　 Brazilian cotton The quotation was 74.3, which was discounted to RMB 13,017 per ton for delivery at general trade ports. 　　 Uzbekistan cotton was quoted at 75.3, which was discounted to RMB 13,190 per ton for general trade ports. 　　 West African cotton was quoted at 76.5, discounted to RMB 13,397 for general trade ports. Yuan/ton. 　　The price of Indian cotton is 77.5 yuan, which is 13569 yuan/ton for the general trade port delivery price. 　　 The US E/MOT M 1-3/32″ grade cotton is quoted at 73.1, which is discounted to the general trade port delivery price of 12810 yuan/ton. Ton. Article Keywords: 　Imported Cotton International Cotton Index