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Selling price of China's reserved cotton during Aug 27-31, 2018

2017/18 China state cotton auction kicks off on March 12, 2018. According to relative regulation, the base selling price of the week during Aug 27-31 is 15,692yuan/mt (standard type price), down 47yuan/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 16,296 16,282 92.1 15,095 15,692
20-Aug 16,290 16,276 91.35 14,972 15,627
21-Aug 16,292 16,280 92.55 15,168 15,727
22-Aug 16,295 16,283 93.05 15,250 15,770
23-Aug 16,303 16,288 92.15 15,103 15,699
24-Aug 16,300 16,285 91.4 14,980 15,636

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