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Ceiling price of China's state cotton purchase auction during Jan 25-29, 2021

2021-01-26 08:06:00 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 15,528yuan/mt during the ninth week from Jan 25 to Jan 29 (standard type 3128B price), up 35yuan/mt from previous week.　　

Ceiling price of Xinjiang cotton reserves (3128B)
Date	CCIndex3128B	CncottonB	Average
18-Jan	15251	15101	15176
19-Jan	15313	15162	15238
20-Jan	15316	15149	15233
21-Jan	15299	15157	15228
22-Jan	15319	15166	15243
Weekly average	15300	15147	15224
Ceiling price	15528

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