On Dec 2, 2019, the state cotton reserves of Xinjiang cotton kick off. According to the calculation formula, the maximum price of purchase auction scores at 14,197yuan/mt during the eighth week from Jan 19 to Jan 23 (standard type 3128B price), up 90yuan/mt from the previous week.
Ceiling price of Xinjiang cotton reserves (3128B) |
Date |
CCIndex3128B |
CncottonB |
Average |
13-Jan |
13846 |
13961 |
13904 |
14-Jan |
13996 |
13937 |
13967 |
15-Jan |
13949 |
13911 |
13930 |
16-Jan |
13886 |
13909 |
13898 |
17-Jan |
13883 |
13909 |
13896 |
Weekly average |
13912 |
13925 |
13919 |
Ceiling price |
14197 |
|