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Ceiling price of China's state cotton purchase auction during Jan 11-15, 2021

2021-01-12 08:15:51 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 15,481yuan/mt during the fifth week from Jan 11 to Jan 15 (standard type 3128B price), up 290yuan/mt from previous week.

Ceiling price of Xinjiang cotton reserves (3128B)
Date	CCIndex3128B	CncottonB	Average
4-Jan	15136	15013	15075
5-Jan	15203	15061	15132
6-Jan	15299	15124	15212
7-Jan	15302	15165	15234
8-Jan	15311	15163	15237
Weekly average	15250	15105	15178
Ceiling price	15481

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