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Ceiling price of China's state cotton purchase auction during Mar 29 and Mar 31, 2021

2021-03-30 08:43:30 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 15,846yuan/mt during the seventeenth week from Mar 29 to Mar 31 (standard type 3128B price), down 419yuan/mt from previous week.　

Ceiling price of Xinjiang cotton reserves (3128B)
Date	CCIndex3128B	CncottonB	Average
22-Mar	15735	15725	15730
23-Mar	15753	15722	15738
24-Mar	15566	15552	15559
25-Mar	15547	15496	15522
26-Mar	15148	15110	15129
Weekly average	15550	15521	15536
Ceiling price	15846

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