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Selling price of China's reserved cotton during Apr 16-20, 2018

2017/18 China state cotton auction kicks off on March 12, 2018. According to relative regulation, the base selling price of the sixth week during Apr 16-20 is 15,031yuan/mt (standard type price), up 140yuan/mt from the 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 15,498 15,593 92.65 14,517 15,031
9-Apr 15,506 15,598 92.05 14,423 14,988
10-Apr 15,505 15,596 92.4 14,478 15,014
11-Apr 15,498 15,593 92.8 14,541 15,043
12-Apr 15,497 15,592 93.05 14,580 15,062
13-Apr 15,486 15,586 92.95 14,564 15,050

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