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Ceiling price of China's state cotton purchase auction during Mar 15 and Mar 19, 2021

2021-03-16 08:47:17 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 16,387yuan/mt during the sixteenthh week from Mar 15 to Mar 19 (standard type 3128B price), down 435yuan/mt from previous week.　

Ceiling price of Xinjiang cotton reserves (3128B)
Date	CCIndex3128B	CncottonB	Average
8-Mar	16339	16213	16276
9-Mar	16339	16210	16275
10-Mar	16018	15962	15990
11-Mar	15835	15803	15819
12-Mar	15986	15953	15970
Weekly average	16103	16028	16066
Ceiling price	16387

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