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Ceiling price of China's state cotton purchase auction during Jan 18-22, 2021

2021-01-19 07:58:53 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 15,493yuan/mt during the eighth week from Jan 18 to Jan 22 (standard type 3128B price), up 12yuan/mt from previous week.

Ceiling price of Xinjiang cotton reserves (3128B)
Date	CCIndex3128B	CncottonB	Average
11-Jan	15299	15143	15221
12-Jan	15191	15101	15146
13-Jan	15257	15146	15202
14-Jan	15333	15095	15214
15-Jan	15250	15082	15166
Weekly average	15266	15113	15190
Ceiling price	15493

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