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With over 19 years of experience in the yarn and textile industry.

September 9: The price of imported cotton fell

by:Chengyi     2021-03-15
On September 9, the quotation of imported cotton fell. International Cotton Index (SM) 72.75 US cents/lb, which is equivalent to 12,636 yuan/ton (calculated at 1% tariff, and the exchange rate is calculated at the Bank of China’s central parity rate, the same below); International Cotton Index (M) 69.86 US cents /Lb, discounted to 12142 yuan / ton for the general trade port pick-up price. The prices of the main varieties of the day are as follows: Among   SM 1-1/8″ grade cotton, the US C/A cotton is quoted at 76.4 (US cents/lb, the same below), which is discounted to RMB 13,379/ton for the general trade port pickup price % Tariff calculation, the same below).    US E/MOT cotton is quoted at 70.1, which is equivalent to RMB 12,293 per ton in general trade ports.    Australian cotton is quoted at 79.35, which is discounted to RMB 13,888 per ton in general trade ports.    Brazilian cotton The quotation is 70.5, which is discounted to RMB 12,362 per ton in general trade ports.    Uzbekistan cotton is quoted at 71.4, which is discounted to RMB 12,517 per ton in general trade ports.    West African cotton is quoted at 72.9, discounted to RMB 12,776 in general trade ports. Yuan/ton.   The price of Indian cotton is 73.7, which is discounted to RMB 12,914 per ton. The price of US E/MOT M 1-3/32″ grade cotton is 69.1, which is discounted to RMB 12,120 per ton. Ton. Article Keywords:  Imported Cotton International Cotton Index
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