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The price of imported cotton remains stable on May 14

by:Chengyi     2021-03-15
On May 14, the quotation of imported cotton remained basically unchanged. International Cotton Index (SM) 92.87 cents/lb, up 9 points, equivalent to 14,489 yuan/ton (calculated at 1% tariff, exchange rate calculated at the central rate of Bank of China, the same below); International Cotton Index (M ) 89.71 US cents/lb, up 6 points, discount to the general trade port pickup price of 1,403 yuan/ton. 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 96.85 (US cents/lb, the same below), which is discounted to RMB 15,101/ton for the general trade port delivery price % Tariff calculation, the same below).    US E/MOT cotton is quoted at 94.19, which is equivalent to RMB 14,692 per ton in general trade port delivery.    Australian cotton is quoted at 99.80, which is discounted to RMB 15,555 per ton in general trade port delivery.    Uzbekistan The quotation of cotton is 101.25, which is 15778 yuan/ton from the general trade port delivery price in RMB. The quotation of West African cotton is 95.40, which is 14878 tons at the general trade port delivery price in RMB. The quotation of Indian cotton is 82.30, which is 12862 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 92.69, which is discounted to 14461 yuan/ton from the general trade port pick-up price. Article Keywords:  Imported Cotton
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