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Ceiling price of China's state cotton purchase auction during Feb 1-5, 2021

2021-02-02 08:05:05 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 15,524yuan/mt during the ninth week from Feb 1 to Feb 5 (standard type 3128B price), down 4yuan/mt from previous week.　　

Ceiling price of Xinjiang cotton reserves (3128B)
Date	CCIndex3128B	CncottonB	Average
25-Jan	15311	15159	15235
26-Jan	15311	15151	15231
27-Jan	15295	15161	15228
28-Jan	15298	15156	15227
29-Jan	15243	15110	15177
Weekly average	15292	15147	15220
Ceiling price	15524

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