Price of imported cotton increased slightly
Apr 16, 2019 ｜ by CT
On April 8, quotations for imported cotton rose slightly. The international cotton index (SM) is 89.85 cents/pound, which is reduced to 14833 yuan/ton in general trade ports (calculated by 1% tariff and the exchange rate is calculated by the intermediate price of the Bank of China, the same below); the international cotton index (M) is 86.81 cents/pound, which is reduced to 14338 yuan/ton in general trade ports.
The prices of the main varieties on that day are as follows:
Among SM 1-1/8 grade cotton, American C/A cotton is quoted at 91 cents/pound and 15,155 yuan/ton in general trade ports (calculated at 1% tariff, the same below).
The price of U.S. E/MOT cotton is 88, which is 14,662 yuan/ton in the general trade ports.
The price of Australian cotton is 97.3, which is 16,191 yuan/ton in the general trade ports.
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The price of Brazilian cotton is 87.5, which is 14,580 yuan/ton in the general trade ports.
The price of Uzbekistan cotton is 87.3, which is 14,547 yuan/ton in the general trade ports.
The price of West African cotton is 87.6, which is 14,597 yuan/ton in the general trade ports.
The price of Indian cotton is 87.2, which is 14,531 yuan/ton in the general trade ports.
The price of U.S. E/MOT M 1-3/32 grade cotton is 87, which is 14,498 yuan/ton in the general trade ports.
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