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Ceiling price of China's state cotton purchase auction during Dec 21-25, 2020

2020-12-22 08:26:37 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 15,031yuan/mt during the fourth week from Dec 21 to Dec 25 (standard type 3128B price), up 182yuan/mt from previous week.

Ceiling price of Xinjiang cotton reserves (3128B)
Date	CCIndex3128B	CncottonB	Average
14-Dec	14789	14556	14673
15-Dec	14842	14606	14724
16-Dec	14843	14609	14726
17-Dec	14876	14651	14764
18-Dec	14882	14706	14794
Weekly average	14846	14626	14736
Ceiling price	15031

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