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Ceiling price of China's state cotton purchase auction during Mar 22 and Mar 26, 2021

2021-03-23 08:01:17 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 16,265yuan/mt during the seventeenth week from Mar 22 to Mar 26 (standard type 3128B price), down 122yuan/mt from previous week.　

Ceiling price of Xinjiang cotton reserves (3128B)
Date	CCIndex3128B	CncottonB	Average
15-Mar	16063	15950	16007
16-Mar	15963	15856	15910
17-Mar	15963	15908	15936
18-Mar	16013	15959	15986
19-Mar	15921	15864	15893
Weekly average	15985	15907	15946
Ceiling price	16265

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