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Industry News | Time: May 20 2019 8:30AM
Selling price of China's reserved cotton during May 20-24, 2019
 
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2019 China state cotton auction kicks off on May 5, 2019. According to relative regulation, the base selling price of the third week during May 20-24 is 13,893yuan/mt (standard type price), down 579yuan/mt from previous week. Based on the selling price of standard type, the actual reserved cotton prices will be calculated according to the price difference of different quality.
Selling price of standard type cotton (3128B)
  CCIndex3128B CncottonB Cotlook A Cotlook A under 1% tariff Average
Weekly average 15,187 15,202 77.31 12,592 13,893
13-May 15,489 15,464 79 12,868 14,172
14-May 15,323 15,340 76 12,379 13,855
15-May 15,191 15,216 77.35 12,599 13,901
16-May 14,969 14,998 76.85 12,517 13,750
17-May 14,961 14,994 77.35 12,599 13,788

[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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