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Industry News | Time:Apr 17 2018 8:12AM
State cotton reserves sales for Apr 16, 2018
 
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On Apr 16, CNCRC planned to auction 30,014.488 tons of cotton while the actual trading volume was 11,809.728 tons, including 4,690.48 tons of upcountry cotton and 7,119.248 tons of Xinjiang cotton. Target was 39.35% fulfilled. The trading prices were averaged at 14,250yuan/mt (up 81yuan/mt from the prior day) and calculated 3128 cotton prices scored at 15,574yuan/mt (up 128yuan/mt from the prior day).
Date Planned volumes Traded volumes Traded ratio Average price Calculated 3128 price
2018-4-2 30000.315 15055.192 50.18% 14179 15464
2018-4-3 30000.473 16246.717 54.15% 14155 15398
2018-4-4 30002.18 16997.928 56.66% 14035 15349
2018-4-8 30002.56 16085.26 53.61% 14184 15401
2018-4-9 30000.183 14247.933 47.49% 14255 15395
2018-4-10 30032.688 13413.257 44.66% 14187 15378
2018-4-11 30017.924 13589.012 45.27% 14194 15446
2018-4-12 30004.285 14014.915 46.71% 14143 15383
2018-4-13 30013.155 12477.301 41.57% 14169 15446
2018-4-16 30014.488 11809.728 39.35% 14250 15574
Total (from Mar 12) 750233.686 423723.344 56.44%    

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