The price of imported cotton fell slightly on May 4

On May 4, the quotation of imported cotton fell slightly. The International Cotton Index (SM) is 94.74 US cents/lb, down 26 points, equivalent to 14,778 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 ) 90.80 cents/lb, down 26 points, discounted to 14,170 yuan/ton at the general trade port pickup 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 96.75 (US cents/lb, the same below), which is discounted to RMB 15,086 yuan/ton for delivery at the general trade port % Tariff calculation, the same below). 　　 US E/MOT cotton is quoted at 94.13, which is discounted to RMB 14,683 per ton for general trade port delivery. 　　 Australian cotton is quoted at 101.50, discounted to RMB 15,817 per ton for general trade port delivery.　　 Uzbekistan Cotton is quoted at 101.75, which is discounted to RMB 15,855 per ton of delivery at general trade ports. 　　 West African cotton is quoted at 96.30, discounted to RMB 15,016 for general trade ports. 　　 Indian cotton is quoted at 84.40, discounted to RMB 13,186 for general trade ports. /Ton. The quotation of U.S. E/MOT M 1-3/32″ grade cotton is 92.63, which is 14452 yuan/ton off the general trade port pick-up price. Article Keywords: 　Imported Cotton