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Selling price of China's reserved cotton during Aug 7-11, 2017
According to relative regulation, the base selling price of the week (from Aug 7-11) scores at 14,679yuan/mt (standard type price), down 400yuan/mt compared to the prior 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.
Note: the VAT for cotton has reduced from 13% to 11% from July 1, 2017.
Selling price of standard type cotton (3128B) |
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CCIndex3128B |
CncottonB |
Cotlook A |
Cotlook A under 1% tariff |
Average |
Weekly average |
15,868 |
15,826 |
80.87 |
13,512 |
14,679 |
31-Jul |
15,888 |
15,839 |
84.9 |
14,310 |
15,087 |
1-Aug |
15,871 |
15,826 |
79 |
13,170 |
14,509 |
2-Aug |
15,861 |
15,824 |
79.5 |
13,251 |
14,548 |
3-Aug |
15,860 |
15,822 |
80.5 |
13,420 |
14,631 |
4-Aug |
15,860 |
15,819 |
80.45 |
13,412 |
14,626 |
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