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The price of imported cotton rose sharply on May 30

by:Chengyi     2021-03-15
On May 30, the ICE futures daily limit, the quotation of imported cotton rose by 4 cents. International Cotton Index (SM) 101.84 cents/lb, up 403 points, equivalent to 15865 yuan/ton (calculated at 1% tariff, exchange rate calculated at Bank of China’s central parity rate, the same below); International Cotton Index (M ) 98.80 US cents/lb, up 403 points, discounted to 15397 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 105.92 (US cents/lb, the same below), which is discounted to RMB 16,492.16/ton for the general trade port pickup price (press 1 % Tariff calculation, the same below).    US E/MOT cotton is quoted at 102.98, which is equivalent to 16039.94 yuan/ton in RMB for general trade port delivery.    Australian cotton is quoted at 108.30, which is discounted to RMB 16,858.24 per ton in RMB general trade port delivery price. Cotton is quoted at 110.10, which is discounted to RMB 17,135.11 per ton in general trade ports. The quotation of West African cotton is 105.75, which is discounted to RMB 16,466.01 tons in general trade ports.   The quotation of Indian cotton is 90.40, discounted to RMB 14,104.94 in general trade ports. /Ton. The quotation of U.S. E/MOT M 1-3/32″ grade cotton is 101.48 yuan, which is 15809.22 yuan/ton off the general trade port pick-up price. Article Keywords:  Imported Cotton
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