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Ceiling price of China's state cotton purchase auction during Feb 1-5, 2021
 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 15,524yuan/mt during the ninth week from Feb 1 to Feb 5 (standard type 3128B price), down 4yuan/mt from previous week.  

Ceiling price of Xinjiang cotton reserves (3128B)
Date CCIndex3128B CncottonB Average
25-Jan 15311 15159 15235
26-Jan 15311 15151 15231
27-Jan 15295 15161 15228
28-Jan 15298 15156 15227
29-Jan 15243 15110 15177
Weekly average 15292 15147 15220
Ceiling price 15524
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