Market Dynamics: The Price Of Imported Cotton Rose Sharply Today
On August 22nd, China's main port prices rose sharply. The international cotton price index (SM) was 140.27 US cents / pound, up 3.29 cents / pound, equivalent to 23168 / ton of general trade port pick-up price (calculated by 1% tariff, the exchange rate is calculated according to the middle rate of Bank of China, the same below); The international cotton price index (m) was 138.52 cents / pound, up 3.29 cents / pound, equivalent to 22881 yuan / ton of general trade port pick-up price.
The prices of main varieties are as follows:
Among the SM 1-1 / 8 "grade cotton, the quotation of American C / a cotton is 143.77 US cents / pound (the same below), which is converted into RMB 23737.24 yuan / ton (calculated by 1% tariff, the same below).
528.50% off US port price for cotton.
The price of Australian cotton is 140.31 yuan, which is 23175.78 yuan / ton.
The price of Brazilian cotton is 142.34 yuan, equivalent to RMB 23506.05 yuan / ton.
The quotation of Uzbekistan cotton is 131.49, which is converted into RMB, and the general trade port takes delivery of 21733.60 yuan / ton.
The quotation of West Africa cotton is 138.60, which is RMB 22889.55/t.
The quotation of Indian cotton is 135.78 yuan, which is converted into RMB 22427.17 yuan / ton.
The price quoted by us e / mot m 1-3 / 32 "grade cotton is 140.69, which is equivalent to 23241.84 yuan / ton of general trade port pick-up price.
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