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Ceiling price of China's state cotton purchase auction during Feb 18-20, 2021

2021-02-19 09:44:58 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 15,840yuan/mt during the twelfth week from Feb 18 to Feb 20 (standard type 3128B price), up 273yuan/mt from previous week.　　

Ceiling price of Xinjiang cotton reserves (3128B)
Date	CCIndex3128B	CncottonB	Average
7-Feb	15568	15411	15490
8-Feb	15568	15418	15493
9-Feb	15581	15436	15509
10-Feb	15663	15507	15585
Weekly average	15604	15454	15529
Ceiling price	15840

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