The price of imported cotton is slightly lowered on July 20

On July 20, the quotations of imported cotton did not change much, and the prices of various varieties were slightly lowered. International Cotton Index (SM) 83.30 US cents/lb, down 16 points, equivalent to 14240 yuan/ton (calculated at 1% tariff, and exchange rate calculated at Bank of China’s central parity rate, the same below); International Cotton Index (M ) 82.04 cents/lb, down 17 points, discounted to 14,027 yuan/ton at the general trade port pickup price. The prices of the main varieties on the day are as follows: Among the 　　SM 1-1/8″ grade cotton, the US C/A cotton is quoted at 84.10 (US cents/lb, the same below), which is discounted to RMB 14,374/ton for the general trade port pickup price % Tariff calculation, the same below). 　　 US E/MOT cotton is quoted at 80.25, which is equivalent to RMB 13,726 per ton in general trade ports. 　　 Australian cotton is quoted at 86.00, which is discounted to RMB 14,695 per ton in general trade ports. 　　 Uzbekistan The quotation of cotton is 85.50, which is 14610 yuan/ton from the general trade port delivery price in RMB. The quotation of West African cotton is 80.75, which is 13810 tons at the general trade port delivery price in RMB. The quotation of Indian cotton is 85.90, which is 14678 yuan discount to the general trade port delivery price in RMB. /Ton. The quotation of U.S. E/MOT M 1-3/32″ grade cotton is 78.75, which is 13304 yuan/ton off the general trade port pickup price. Article Keywords: 　Imported Cotton