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Ceiling price of China's state cotton purchase auction during Jan 4-8, 2021

2021-01-05 08:52:01 CCFGroup

The state cotton reserves of Xinjiang cotton kick off on Dec 1, 2020. According to the calculation formula, the maximum price of purchase auction scores at 15,191yuan/mt during the fifth week from Jan 4 to Jan 8 (standard type 3128B price), up 40yuan/mt from previous week.

Ceiling price of Xinjiang cotton reserves (3128B)
Date	CCIndex3128B	CncottonB	Average
28-Dec	14932	14806	14869
29-Dec	14938	14812	14875
30-Dec	14953	14855	14904
31-Dec	14963	14883	14923
Weekly average	14947	14839	14893
Ceiling price	15191

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